Month : July 2023

SatSure Partners with Rabo Partnerships to Revolutionize Cash Flow-based Lending for Smallholder Farmers
Fintech Lending News

SatSure Partners with Rabo Partnerships to Revolutionize Cash Flow-based Lending for Smallholder Farmers

PR Newswire
SatSure, a global leader in EO space data applications, is pleased to announce its partnership with Rabo Partnerships. This strategic collaboration aims to drive the access to cash-flow based lending for smallholder farmers globally. By leveraging SatSure’s cutting-edge technology and Rabo Partnerships’ expertise in financial services, this partnership will tackle the challenges banks......
Finvolution Subsidiary Adakami Cooperates With PT Bank Seabank Indonesia to Propel Growth in Indonesia
Fintech News

Finvolution Subsidiary Adakami Cooperates With PT Bank Seabank Indonesia to Propel Growth in Indonesia

PR Newswire
FinVolution Group, a leading fintech platform, announced that its Indonesian financial application, AdaKami, has entered into a strategic cooperation agreement with PT Bank Seabank Indonesia (“SeaBank”), a digital bank dedicated to bettering the lives of consumers and small businesses in the region with technology. Under the terms of the agreement,......
McLeod Software Announces Release of Payment Service Provider Interface
Digital Payments News

McLeod Software Announces Release of Payment Service Provider Interface

PR Newswire
McLeod’s new Payment Service Provider Interface streamlines the billing and settlements process by integrating digital payments for lumper services. McLeod Software released a new Payment Service Provider Interface to make the process of paying for lumper services easier for back-office staff and drivers. The new interface streamlines this process by......
Mastercard Introduces a Fast, Safe and Cost-Effective Solution for Businesses to Accept Virtual Card Payments
B2B Digital Payments News

Mastercard Introduces a Fast, Safe and Cost-Effective Solution for Businesses to Accept Virtual Card Payments

Business Wire
Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players across the ecosystem and accelerates the digitization of B2B transactions across......
SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture Through Automation and AI
Banking News

SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture Through Automation and AI

Business Wire
New joint venture, GreenBox, to offer first of its kind automated warehouse services, unlocking significant new addressable market Symbotic and GreenBox contract for the sale of approximately $7.5 billion in systems over the course of the contract Joint venture aims to expand access to Symbotic systems to broad range of......
Rithm Capital Corp. to Acquire Sculptor Capital Management
Digital Asset Management Fintech News

Rithm Capital Corp. to Acquire Sculptor Capital Management

Business Wire
Together, Rithm and Sculptor form a strong partnership offering global investors best in class investment capabilities across multiple asset classes. Rithm Capital Corp. an asset manager focused on the real estate and financial services industries, and Sculptor Capital Management , a global alternative asset manager with $34 billion in assets......
Prudential Financial to Reinsure $12.5 Billion Guaranteed Universal Life Block with Somerset Re
InsurTech News

Prudential Financial to Reinsure $12.5 Billion Guaranteed Universal Life Block with Somerset Re

Business Wire
Supports Prudential’s transformation strategy by reducing market sensitivity and increasing capital flexibility Does not result in any changes for customers and distribution partners Prudential Financial, announced an agreement to reinsure a portion of its guaranteed universal life block with Somerset Re, resulting in approximately $450 million of proceeds.1 Latest Fintech......
Nextlabs Announces Successful Go-Live With Fiserv to Secure Digital Transformation
Fintech News Security

NextLabs Announces Successful Go-Live With Fiserv to Secure Digital Transformation

PR Newswire
NextLabs’ Zero-trust data security suite is chosen to enforce least privilege access and protect critical customer and financial data in the global SAP S/4HANA instance NextLabs announces the successful go-live of its Zero Trust Data Security Suite with Fiserv, a global leader in financial services technology. NextLabs’ solution will allow......
How Banks Can Restore Trust and Confidence among Their Customers
Banking Commerce Guest Posts

How Banks Can Restore Trust and Confidence among Their Customers

Andy Newman
Since the SVB meltdown, and subsequent failures of Signature and First Republic banks, consumers have different expectations from their primary banks regarding their trustworthiness. Not since the Great Recession have consumers been so mistrustful of the banking system, and financial institutions, both large and small. This “hiccup” in the banking......
Artificial Intelligence Cloud Featured Fintech Primers Recommended

Unleashing The Power: How Tech Giants Harness Generative AI Chatbots

Pooja Choudhary
Introduction In this blog, we have discussed the top 6 companies that use Gen AI chatbots. Come let’s take a tour of the top 6 giants. One subset of AI, known as generative AI, employs tools like NLP, neural networks, and deep learning to generate novel concepts and data. You......
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