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Bluefin Payment Systems Acquires TECS Payment Systems
Payment and data security company Bluefin Payment Systems announced it will acquire TECS Payment Systems, an omnichannel payment solutions provider. Once the deal is finalized, Bluefin and TECS will...
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MX and Orum Partner for Instant Money Movement
Open banking company MX and real-time payments player Orum have formed a partnership.The agreement integrates Orum’s money movement API with MX’s instant account verification and balance check...
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SEON Launches Free Fraud Prevention Tool
SEON is giving away its fraud prevention tools for free.The free tier will include up to 2,000 API calls each month at a rate of two queries per second. “We’re determined to tackle fraud head on,”...
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Q3 M&A Highlights: Deal Volume Down, Number Trending Up
2022 is marking the beginning of an economic downturn. Consumers are feeling the pain associated with high inflation, corporations are seeing decreased stock performance, and startups are experiencing...
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ShieldPay and Checkout.com Unite to Further Secure B2B Transactions
Checkout.com and Shieldpay announced a partnership this week.The collaboration will bring Checkout.com’s merchant clients more transaction processing options, including digital escrow.This official...
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Philippines-Based Neobank Tonik Adds New Lending Products
Tonik is adding two new loan products to its suite of banking tools.The new offerings include Flex Loan, an unsecured personal loan, and Big Loan, a home equity line of credit.Tonik received the first...
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Binance, FTX, and Crypto’s Enron Moment: What This Means for Fintech
Update: Binance has called off the agreement to buy FTX. If you’ve spent any time reading fintech news in the last 24 hours, you know that Binance has agreed to buy the non-U.S. unit of FTX. For those...
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JP Morgan and Mastercard Leverage Open Banking to Launch Pay-by-Bank Tool
J.P. Morgan Payments and Mastercard partnered to launch Pay-by-Bank, an ACH payment tool that leverages open banking.Billers who offer consumers an option to a pay via ACH can integrate Pay-by-Bank...
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Experian’s Greg Wright on Opportunities in Financial Inclusion
Financial inclusion has been a rising hot topic in the past few years. Providing underserved populations with the tools they need to manage their finances and build their wealth has been a top goal...
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The Association of Military Banks of America Launches Debit Card
Before jumping into the content of this post, I’d like to recognize and thank our military veterans and their families for their continued sacrifice. The Association of Military Banks of America...
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Thomson Reuters to Acquire Tax Startup SurePrep
Thomson Reuters agreed to acquire tax automation software company SurePrep for $500 million in an all-cash deal.“The acquisition will support our strategy to empower tax and accounting professionals...
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Brightwell Launches Cross-Border Payments Solution
Brightwell is launching a new cross-border payments solution called ReadyRemit.Integrating ReadyRemit will enable Brightwell customers to help their end clients send money to 90% of the world’s...
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Railsr Taps Featurespace for Fraud Prevention
Embedded finance platform Railsr is teaming up with fraud prevention company Featurespace this week to bolster fraud prevention efforts for Railsr as a company, as well as for its clients. Railsr will...
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Square to Offer American Express Credit Card for Sellers
Square is launching a credit card for its small business clients.The American Express card will be powered by i2c and issued by Celtic Bank.There is no word yet on a launch date, but Square said that...
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Finance in the Metaverse Era Should be Green and Sustainable by Default
The following is a sponsored blog post from Finastra. Post-pandemic recoveries stalled by rocketing energy prices are leading to calls for stalling a green transition that has already begun. But the...
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Small Business Banking Provider Tide Acquires Funding Options
Small business banking platform Tide has agreed to acquire lending marketplace Funding Options.Tide will integrate Funding Options’ loan matching technology into its own business loan comparison...
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Fintech Apps Need These 5 Mobile Features to Attract Gen Z Users
The following is written by Lance Boyer, a recent college graduate and a Gen Z journalist. Generation Z made up about 40% of active U.S. consumers in 2020, according to Fast Company. It also has more...
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Finastra Integrates Clinc’s Conversational AI into its Digital Banking Platform
Finastra and Clinc have partnered to integrate Clinc’s conversational AI technology into Finastra’s Fusion Digital Banking platform.Finastra will offer its 8,600 financial instiution clients access to...
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X1 Card Raises $15 Million, Adds In-App Stock Purchasing
Challenger credit card X1 has raised $15 million, bringing its total funding to more than $60 million.Along with today’s announcement, X1 is also unveiling a new in-app stock investing tool that will...
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The Four Ps of Analytics Financial Services Organizations Can’t Do Without
This is a sponsored post by Tim FitzGerald, EMEA Financial Services Sales Manager, InterSystems The use of analytics within the financial services sector has evolved over the years, with some...
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