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TrueLayer and Thunes Team Up for Open Banking
Open banking platform TrueLayer is partnering with cross-border payments company Thunes.Thunes will integrate TrueLayer’s open banking technology into its platform, making open banking available as a...
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Sila Founder and CEO Shamir Karkal on DeFi, TradFi, and Everything in Between
The fintech industry talks a lot about bank-fintech and fintech-bank relationships. Everyone in this industry will proudly declare how essential these partnerships are for everyone in the value chain....
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Ant Group Unveils ANEXT Bank, a Digital Bank for SMEs
Ant Group unveiled a digital bank called ANEXT Bank focused on serving SMEs.ANEXT Bank is soft launching today and will be widely available in the third quarter of this year.ANEXT Bank is...
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A New Wave of Insurtech
Often ignored as a boring fintech subsector, insurtech is in the midst of reinventing itself to fit into today’s digital-first era. Straits Research expects the global insurtech market to reach a...
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Western Union Taps Marqeta for Payment Card Issuance
Western Union has tapped Marqeta to enable clients in Europe to send remittances to a physical or virtual Visa card.Marqeta’s open API will allow Western Union to replicate its payments card program...
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Eltropy Acquires Video Banking Startup POPi/o
Digital communications platform Eltropy has acquired video banking company POPi/o.Financial terms of the deal were undisclosed.With today’s acquisition, Eltropy now helps more than 400 Credit Unions...
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SocietyOne Adds Digital Bank Accounts
Australia digital finance platform SocietyOne is adding new checking and savings accounts, SpendOne and SaveOne.SocietyOne is leveraging Westpac’s banking-as-a-service platform to offer the new...
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What’s Missing to Boost Apple’s BNPL Tool Above the Competition?
You’ve likely heard by now that Apple has taken the veil off of its BNPL tool, Apple Pay Later. The tech giant announced Apple Pay Later at its World Wide Developer Conference on Monday. If you...
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ICICI Bank Partners with ZestMoney to Add BNPL Feature
ICICI Bank is integrating ZestMoney’s EMI (Equated Monthly Installments) BNPL network into its Cardless EMI product.Customers can use ZestMoney’s BNPL capabilities to make purchases of up to $12,900...
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MoneyGram Launches Crypto-to-Cash Service
MoneyGram is rolling out a service that will enable users to buy cryptocurrency using cash, as well as allow them to withdraw their crypto holdings in cash, at select MoneyGram locations.The new...
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Kofax Acquires e-Invoicing Network Tungsten
Kofax is acquiring B2B e-invoicing network Tungsten.The combined companies will offer clients a more holistic e-invoicing approach. Financial terms of the deal are undisclosed. Intelligent automation...
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Filling the Super App Gap in the U.S.
There is a Super App-shaped hole in the U.S., and earlier this year, F.T. Partners published a report titled The Race to the Super App that examines the most eligible companies to fill the gap. The...
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Autobooks Lands $50 Million in Funding to Boost Bank Distribution
Autobooks has received $50 million in a Series C funding round led by Macquarie Capital.The investment more than doubles Autobooks’ total funding raised, boosting it to $98 million. Autobooks won Best...
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Shopify Unveils More than 100 New Features
Ecommerce company Shopify has unveiled more than 100 new announcements today.Among the top new releases are a marketplace that allows fans to use their NFTs to receive personalized benefits and a tool...
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The U.K. Proposes 4 New BNPL Rules
Buy now, pay later (BNPL) has seen a lot of hype since the popularity of the technology exploded in 2020. The U.K. Financial Conduct Authority (FCA) estimates that the U.K. BNPL market is worth $3.7...
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Glia Acquires Finn AI for Undisclosed Sum
Digital customer service firm Glia agreed to acquire conversational AI technology company Finn AI.Financial terms of the deal were not disclosed.Glia Co-founder and CEO Dan Michaeli said that Finn AI...
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Raisin Bank’s Newest Acquisition Helps it Expand into Bulk Payments and Cash
Raisin Bank has agreed to acquire the payment division of Bankhaus August Lenz.The move will help Raisin Bank diversify its revenue sources by adding payment services to its product lineup.Terms of...
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Digital Bank Kroo Receives Full U.K. Banking License
Digital banking startup Kroo received a full banking license from the Bank of England.Kroo will use the new authorization to offer personal current accounts in the coming months.The full banking...
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Further Unveils VC Fund Investment Platform
Further, a company that helps democratize investing in VC funds, is launching this week.The London-based company enables users to invest as little as £1,000 in startups that are not publicly...
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PayPal Adds New Business Credit Card
PayPal launched a small business credit card this week.The PayPal Business Cashback Mastercard is PayPal’s first business credit card.PayPal also offers a range of other tools for small businesses,...
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