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Govt. of India recently announced the rapid digitalization of the banking sector as part of the Digital India initiative that will stimulate financial inclusion. RBI further appended and promotes its policy of Secure and Informed Digital Banking.
FlexPay, the global FinTech leader in recovering failed credit card payments, announced the launch of Engaged Recovery, a powerful new solution enabling subscription businesses to intelligently and empathetically collaborate with their customers to resolve failed payments that require customer interaction, without harming retention.
Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, is expanding its partnership with Mastercard by integrating Mastercard’s open banking platform (provided by Mastercard’s wholly owned subsidiary, Finicity) to provide account verification solutions for Synctera-powered FinTechs.
Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated announced it has acquired Digital Payments Torana, Inc., a business-to-consumer payments fintech based in San Francisco. Torana’s digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington’s digital capabilities and advance Huntington’s enterprise payments strategy.
FundFront, a London based FinTech company, announces the launch of its alternative investment platform. Founding partners, Amin Naj, Arman Salavitabar and Dr. Aric Whitewood come from leading financial institutions including J.P. Morgan and Credit Suisse with a collective mission: to simplify access to leading alternative investment strategies.