FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.
Finastra Collaborates With Microsoft to Bring Embedded Financing Options to Thousands of Businesses With BaaS
Finastra announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. SMEs using Microsoft Dynamics 365 will be able to access and unlock vital financing offers without leaving their business management platform.
Mastercard and Interos Launch Partnership to Address Fast-Changing Global Risk Landscape
Mastercard announced a new partnership with Interos, the hyper-growth operational resilience company, to further expand its security strategy and bring Interos’ multi-tier risk monitoring capabilities to financial institutions. This new offering allows organizations to proactively detect and eliminate risk across multiple areas – including cyber, financial, ESG, restrictions, geopolitical and operational – throughout their network of business and merchant relationships.
SOFORT and Brite Payments Launch European Instant Payout Partnership
Launching in July 2022, the new partnership will see SOFORT’s bank transfer product complemented by Brite Payments’ instant payout solution. Following the launch, merchants using the SOFORT platform will be able to opt for the service and activate Brite Payments’ innovative instant payout solution without additional technical effort, allowing them to disburse funds to consumers within seconds.
eCurrency and cLabs Lay the Foundation for Central Bank Digital Currency on Web3
eCurrency, a leading security technology solution provider that enables central banks to issue central bank digital currency (CBDC), announced a joint commitment with cLabs, a service organization dedicated to growing and developing the Celo ecosystem, to integrate decentralised finance and Web3 with CBDC.
TransUnion Selects Provenir to Deliver AI-Powered Risk Decisioning to Clients
Provenir, a global leader in AI-powered risk decisioning software, announced it has been selected to join TransUnion’s Strategic Alliance Distribution Program. Through this alliance, TransUnion clients will be able to take advantage of Provenir’s industry-leading platform to gain deeper insights from more data sources to power a new level of decisioning speed and accuracy.
