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Deel Acquires Capbase to Launch a New Equity Management Product
Payroll and compliance company Deel is acquiring digital governance platform Capbase.Terms of the deal were not disclosed.Deel will leverage Capbase’s expertise to launch a new product dedicated to...
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Xoom Adds Cross-Border Money Transfers to Debit Card Deposit Product
PayPal-owned Xoom has added international money transfers to its Debit Card Deposit product.Leveraging a partnership with Visa, U.S. users can send funds directly to recipients’ eligible Visa debit...
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AliPay Taps SplitIt to Enable Customers to Pay After Delivery
Splitit partnered with Alipay to power the firm’s Pay After Delivery payment option. Splitit is leveraging Checkout.com’s payment-acquiring capabilities to facilitate Alipay’s Pay After...
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Fintech Conversations at the World Economic Forum This Year
The five-day World Economic Forum (WEF) began today. The annual event gathers leaders from across the globe in Davos, Switzerland to discuss the latest economic, social, and political issues. This...
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LendInvest to Use New Funding to Enter Mortgage Market
LendInvest received increased funding from Lloyds Bank this week, bringing its total warehouse investment to $367 million (£300 million).The boost in investment will help LendInvest enter the...
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Ingenico Taps Fujitsu Frontech for Palm Vein Biometrics Solution
Ingenico partnered with Fujitsu Frontech to authenticate customer identities and facilitate transactions using the palm of the customer’s hand for in-person transactions.To make a payment, customers...
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Five GPT-3 Use Cases for Banks and Fintechs
If you’re not familiar with OpenAI’s newest technology, ChatGPT, now is the time to spend a few minutes to sign up and play with the chatbot that has captured the world’s attention. ChatGPT leverages...
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Union Credit Emerges from Stealth to Deliver Perpetual Credit Approval
Union Credit is launching out of stealth mode with $5 million in Seed funding led by CMFG Ventures.The startup is launching in an exclusive partnership with CuneXus, leveraging the company’s...
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FNZ Agrees to Acquire Fixed Income Investing Platform YieldX
FNZ has acquired digital fixed income trading company YieldX.The acquisition will combine FNZ’s investment platform, which represents more than 20 million investors across the globe, with YieldX’s...
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Stripe and Amazon Expand Payments Partnership
Stripe and Amazon have agreed to “significantly expand” their partnership.Under the agreement, Stripe will process a notable portion of Amazon’s total payments volume.The two have been partners since...
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Sandstone Technology Appoints New CTO
Banking technology company Sandstone Technology appointed a new CTO this month. The company unveiled today it has selected Anthony McKew to fill the role. With more than 35 years of experience in...
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PayEm Raises $220 Million for Spend and Procurement Management
Business spend and procurement management company PayEm raised $220 million this week.The round consists of $20 million in Series A equity funding and a $200 million warehouse debt facility.The equity...
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Bold Commerce and PayPal Partner to Create a More Flexible Checkout Experience
Bold Commerce and PayPal struck up a partnership that will better integrate payments into more checkout experiences.Using Bold Commerce’s headless checkout tool, retailers can place a point-of-sale...
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PayNearMe’s Jill Bohlken on the Unpredictable Lending Environment
Lenders have always faced some level of uncertainty, but the past few years have truly put the industry to the test. While many have enhanced their systems with new enabling technologies, there are...
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Better Launches One Day Mortgage
Digital mortgage lending company Better launched a new product, One Day Mortgage, that offers borrowers a mortgage commitment letter within 24 hours of applying for a loan.During a period of beta...
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OneSpan to Acquire Document Storage Company ProvenDB
OneSpan is acquiring blockchain-based document storage company ProvenDB.The purchase will help OneSpan add document storage to its existing product offerings.Terms of the agreement, which is expected...
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Marqeta Acquires Fintech Infrastructure Company Power Finance for $275 Million
Marqeta is acquiring credit card program management platform Power Finance.The company will add Power Finance’s credit card program management capabilities to its own card issuing platform.Financial...
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3 Aspects that Make the Startup Booster Program a Must for Early Stage Fintechs
European fintechs in search of venture capital funding are in luck this spring. The Startup Booster Program at FinovateEurope, taking place March 14 through 15, has been crafted to help early stage...
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Moov Lands $45 Million in Series B Funding to Modernize Money Movement
Moov landed $45 million to refine its API that creates a modern payment stack.Commerce Ventures led the round. Additional contributors include Andreessen Horowitz, Bain Capital Ventures, Visa, and...
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American Express Retires the Kabbage Brand with the Launch of Business Blueprint
American Express is launching American Express Business Blueprint, a set of digital cash flow management tools for small businesses.Small businesses can access the MyInsights cash flow solution within...
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