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B2B Digital Payments News

PayMate Now Authorized To Operate As A Payment Aggregator From RBI

Fintech Staff Writer
PayMate India Limited a leading services provider and B2B payments which digitizes and automates business-to-business payments in context to supply chains, announced that it has received in-principle authorization from the Reserve Bank of India to operate as a payment aggregator (PA) subject to the guidelines on regulation of payment aggregators......
Finance Investments News

Newtek Secures Approximately $300 Million In Debt Financing To Further Its Growth And Objectives For 2023

Fintech News Desk
Newtek Business Services Corp. announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP, has closed a $150 million leverage facility from a well-known investment bank to be used to fund the acquisition of non-conforming conventional loans made to middle-market companies as well as small businesses. In addition, Newtek’s......
B2B Blockchain Digital Fintech News

BitNile Holdings’ Subsidiary BitNile, Inc. Enters Into Hosting Agreement With Agora Digital Holdings

Fintech News Desk
BitNile Holdings, Inc. a diversified holding company announced that its wholly owned subsidiary, BitNile, Inc. (“BNI”), has entered into a hosting agreement securing up to 78 megawatts (“MW”) of power with Agora Digital Holdings Inc. (“Agora Digital”), a majority-owned subsidiary of Ecoark Holdings Inc.. Agora Digital will initially provide up to 12......
Airwallex and OurCrowd Partner to Make It Easier to Invest in Global Startups
B2B Fintech News

Airwallex Partners With Plaid To Facilitate Seamless Payment Experience

Fintech News Desk
Global fintech Airwallex announced it has partnered with Plaid, the data network powering the digital financial ecosystem, to offer an integrated solution that can streamline Automated Clearing House (ACH) payments, and enable a more seamless, safe and cost-efficient way to authorize debits from their bank accounts and fund their Airwallex accounts.......
Artificial Intelligence B2B News

NVIDIA And Deutsche Bank Embraces AI In Financial Services

Fintech Staff Writer
Deutsche Bank entered into a partnership with NVIDIA to accelerate the use of AI and machine learning in the financial services sector. Deutsche Bank and NVIDIA have been focusing on three potential parameters with a multi-year vision to expand this to over a hundred, which the companies are exploring. With......
B2B Finance News

Deployment Of Installment Solutions Accelerated By Mastercard Partner Network

Fintech Staff Writer
As digitally accelerated space continues, consumers are expecting to pay in a seamless, safe, and secure way whether in-store or online. They want more control and flexibility that meets their comfort. Engage network provides a connection between the businesses and fintech enablers so that the consumers get more choice at......
Artificial Intelligence Featured Fintech Primers News

An Overview of the Use Of AI in Financial Services

Pooja Choudhary
FCA announced in 2019 it is partnering with the Alan Turing Institute for the exploration of transparency of AI in the financial services domain. In this article, we shall be dealing with the opportunities, challenges, and issues involved with AI with special limelight on the role of transparency in pursuing......
Artificial Intelligence Fintech News

Ontop To Deploy ThetaRay AI-Powered AML Tech To Enable The Future Of Work

Fintech News Desk
ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that Ontop, a fintech platform shaping the future of work, has selected ThetaRay’s advanced SONAR anti-money laundering (AML) solution to monitor and detect both known and unknown financial crime threats. “We are proud to partner with an innovative fintech that......
Cloud News Technology

Deloitte Announces the Formation Of Olympus With AWS, The First Global Industry Cloud Accelerator Fund

Fintech News Desk
Deloitte announced the formation of Olympus with Amazon Web Services (AWS), a global investment fund focused on building industry cloud solutions. This initiative combines the virtually unmatched engineering and industry domain knowledge of Deloitte with the security and scale of AWS to co-innovate and engineer solutions that tackle the toughest......
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