Search Results for: global economy

British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development
Artificial Intelligence B2B Digital Economy Featured

British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development

Sudipto Ghosh
UK’s leading financial technology (Fintech) organization, Quantexa has announced a fresh investment of $160.25 million (£125M) into the global AI industry. This investment would improve the abilities of both private enterprises as well government agencies in utilizing the power of AI-enabled solutions for Decision Intelligence and Business analytics. The CEO......
US Financial Services Industry Study Demonstrates Feasibility of a Regulated Digital Asset Settlement Platform
Fintech News

US Financial Services Industry Study Demonstrates Feasibility of a Regulated Digital Asset Settlement Platform

Business Wire
The Regulated Liability Network U.S. Proof of Concept demonstrates the potential to upgrade international payments using deposit tokens settled in wholesale central bank digital currency Members of the US financial services sector published the findings of a proof of concept (PoC) that explored the feasibility of the regulated liability network (RLN),......
ITC and Alibaba.com Collaborate to Empower MSMEs in Developing Countries for Digital Trade
B2B E-commerce News

ITC and Alibaba.com Collaborate to Empower MSMEs in Developing Countries for Digital Trade

PR Newswire
Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, signed a Memorandum of Intent (MOI) with International Trade Centre (ITC) on June 30 with the goal of encouraging small and medium-sized enterprises (SMEs) to participate in global digital trade. The signing ceremony was held during the third China-Africa Economic and Trade Expo......
SAP Fioneer Launches Tailored SME Banking Offering
Banking News

SAP Fioneer Launches Tailored SME Banking Offering

PR Newswire
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of small and medium-sized enterprises......
B2Broker Launches NDFs, Cuts Margin Requirements on Crypto Pairs, and Updates Liquidity Packages
Cryptocurrency News

B2Broker Launches NDFs, Cuts Margin Requirements on Crypto Pairs, and Updates Liquidity Packages

Business Wire
B2Broker, an industry-leading liquidity and technology provider, has added Non-Deliverable Forwards (NDFs) to its existing range of liquidity options. This addition shows the company’s dedication to providing a full range of asset options and top-quality risk management tools to their clients. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief......
Flutterwave and Token.io Team Up to Provide Pay By Bank Transfer to Users in UK and EU
Digital Payments Fintech News

Flutterwave and Token.io Team Up to Provide Pay By Bank Transfer to Users in UK and EU

PR Newswire
This collaboration enables Flutterwave to give its African e-commerce merchants enhanced access to UK and EU customers, while Token.io leverages Flutterwave’s presence in Africa to enable a Pay By Bank method for businesses in the continent Flutterwave, Africa’s leading payments technology company, has collaborated with Token.io, Europe’s leading account-to-account (A2A) payment infrastructure provider, to power Pay......
Harris Williams Advises Made4net on its Sale to Ingka Group
Investment Services News

Harris Williams Advises Made4net on its Sale to Ingka Group

PR Newswire
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Made4net, a portfolio company of Thompson Street Capital Partners (TSCP), on its sale to Ingka Group, IKEA’s largest franchisee and owner of 482 IKEA stores in 31 countries. Made4net is a global leader in cloud-based warehouse......
Madison Dearborn Partners Completes Acquisition of MoneyGram
Fintech News

Madison Dearborn Partners Completes Acquisition of MoneyGram

PR Newswire
MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, and Madison Dearborn Partners (“MDP”), a leading private equity investment firm based in Chicago, announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram’s common stock has ceased trading and......
Women's World Banking Brings Making Finance Work for Women Summit to Mumbai
Banking Fintech News

Women’s World Banking Brings Making Finance Work for Women Summit to Mumbai

PR Newswire
Leading global nonprofit unlocks women’s financial power and announces the winners of the 2023 Fintech Innovation Challenge Women’s World Banking, a global leader in advancing financial inclusion for low-income women across the world, is bringing the Making Finance Work for Women Summit to Mumbai, India on 24-25 May 2023. Convening for the first time in......
Soochow Securities Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services
Finance Fintech News

Soochow Securities Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services

PR Newswire
In recent years, with rapid growth of the global wealthy population and demand for wealth management, family office business, as an important field to promote rapid growth of the asset and wealth management industry, is a significant direction which the HKSAR government has fully promoted. Several favourable policies have recently......
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