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Opera Browser Launches Payments Solution and Digital Wallet
Opera, one of the top internet browsers, announced a suite of in-browser cashback and payment tools for ecommerce. The release of the tools coincides with the launch of Dify, Opera’s new digital...
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Five Things to Know About CBDCs
By now you’ve likely heard of Central Bank Digital Currencies (CBDCs). With consumers’ lives taking place increasingly online and the recent boost in cryptocurrency usage and value, much of the global...
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Sezzle Partners with Discover to Reach More Merchants
One of the major players in the Buy Now, Pay Later (BNPL) game, Sezzle, is teaming up with Discover this week. Through the partnership, Sezzle will work with select players on Discover’s network to...
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How Embedded Finance Trends Are Transforming These 3 Industries
This is a guest post written by Shannon Flynn, managing editor at ReHack.com. Embedded finance has taken the financial industry by storm. What started from banking-as-a-service (BaaS) has now...
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Citibank Launches Citi Plus to Compete with Digital Banks
After piloting the product last year, Citibank Hong Kong formally unveiled Citi Plus, its mobile-first bank designed for digital natives. The new offering aims to help users “level up” their banking...
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Apex Clearing Chooses SPAC to Go Public
Apex Clearing Holdings, a digital clearing and custody engine, announced formal plans to publicly list on the New York Stock Exchange under the ticker “APX.” The Texas-based company is eschewing the...
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How Quantum Metric Helps Banks Make the Right Digital Moves
Multiple benefits arose from last year’s drive to digital, including the increase in user data and more control over the user experience. But making the leap to capturing that data and enhancing...
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Canada’s VersaBank to Issue its Own Digital Currency
VersaBank is getting in on the digital currency game. The Canada-based bank announced plans to launch VCAD, its own cryptocurrency backed one-to-one by the bank’s Canadian dollar bank deposits. Key to...
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Backbase Partners with Zafin to Help Banks Enhance Personalization
Banking technology innovator Backbase and customer service solutions provider Zafin announced a partnership today. The two Finovate alums teamed up to offer Backbase clients access to Zafin’s...
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What You Don’t Know About Device Reputation Tracking- and Other Security Fails
In an economy that is taking place increasingly online, the recent boost in fraud has left many banks, fintechs, and retailers underprepared in the fight against bad actors. In a recent conversation,...
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Subaio Lands $5.9 Million from Ex-Mastercard President
Subscription management startup Subaio landed $5.9 million (€4 million) this week. The investment comes from newly established venture firm, Global PayTech Ventures, which ex-Mastercard President...
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FinovateEurope On Demand
FinovateEurope is taking place digitally on March 23 through 25, but we’re launching on-demand content a week before the event. Starting on Monday, March 15, registered attendees will have access to...
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Aon Pilots Decentralized Insurance Offering
Aon announced partnerships this week that are helping the insurance broker to pilot a decentralized insurance offering. The new product will cover risks associated with DeFi platforms. More...
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Plaid Releases Income Verification Tool
Banking technology player Plaid announced Plaid Income this week, the company’s new income verification tool. Income offers a secure and fast way to help consumers prove their salary in order to...
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Betterment Acquires Wealthsimple’s U.S. Investment Advisory Business
U.S. wealthtech player Betterment is building up its assets under management. That’s because the company acquired the U.S. investment advisory business of Canada-based Wealthsimple this week. Terms of...
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What the U.S. Can Learn From Open Banking Abroad
This is a guest post written by Shannon Flynn, managing editor at ReHack.com. Across the world, open banking is creating opportunities for banks, fintech platforms, and individuals like never before....
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NTT Data Launches New Digital Banking Platform
Consulting and IT services company NTT Data announced the launch of a new digital banking platform today. The new offering, Platea Banking, helps banks with digital transformation while maintaining...
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Luvleen Sidhu on Working with Big Banks, Google, and Why She Chose a SPAC
Luvleen Sidhu, CEO of BM Technologies (formerly known as BankMobile), is now one of the youngest female founders and CEOs of a public company. Since she co-founded BM Technologies in 2014, the company...
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Taulia Brings in $6 Billion Credit Facility for Supply Chain Financing
Supply chain financing expert Taulia landed $6 billion in financing this week. The funds come from a JPMorgan-led consortium that also includes UniCredit, UBS, and BBVA. The news comes after Taulia...
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Stripe Rakes in $600 Million in Funding, Boosting Valuation to $95 Billion
Ecommerce technology company Stripe announced over the weekend that it recently raised $600 million in funding. The Series H round brings the company’s total funding to $2.2 billion and boosts its...
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