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Artificial Intelligence Featured Fintech Machine Learning

AI and Machine Learning: Transforming Global Payments and Global Money Exchange

Prajakta Ayade
The financial technology (fintech) industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and machine learning (ML). These technologies are revolutionizing payment systems and global money exchange, bringing unprecedented efficiency, security, and innovation to the financial sector. Enhancing Payment Systems AI and machine learning are enhancing......
Validus Secures Up to US$50M Facility from HSBC to Strengthen Digital Lending for MSMEs in Indonesia
Finance Fintech News

Validus Secures Up to US$50M Facility from HSBC to Strengthen Digital Lending for MSMEs in Indonesia

EIN Presswire
Validus has secured a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy to support financial inclusion for Indonesian MSMEs. Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from......
Ant International Collaborates with Brazilian Partners to Drive Financial Inclusion with Innovative Credit Tech Solutions
Digital Payments Finance Fintech News

Ant International Collaborates with Brazilian Partners to Drive Financial Inclusion with Innovative Credit Tech Solutions

Business Wire
Ant International forms partnership with Dock to make credit services more inclusive by leveraging AI-driven technologies Ant International, a digital payment and financial technology leader, today announced its strategic initiative to provide AI-driven credit technology solutions designed to empower local partners and advance financial inclusions in Brazil. As a major......
Leading Fintech Moneythumb Acquired by Iron Creek
Finance Fintech News Robotic Process Automation

Leading Fintech Moneythumb Acquired by Iron Creek

PR Newswire
Partnership to Accelerate Future Growth and Innovation of MoneyThumb’s SaaS Document Evaluation Technology MoneyThumb, a leader in automated document evaluation and fraud detection solutions announced today that it has been acquired by Iron Creek Partners LLC (“Iron Creek”), a private investment firm with a focus on investments in the software, data, communications, and business services......
Nearly One in Five Consumers Struck by Online Identity Fraud, According to ACI Worldwide Speedpay Pulse Report
Digital Payments Fintech News Risk Management Security

Nearly One in Five Consumers Struck by Online Identity Fraud, According to ACI Worldwide Speedpay Pulse Report

Business Wire
Consumers turning to billers to safeguard their data as threat of digital payments fraud escalates Digital payment preferences are surging, according to the 2024 ACI Speedpay Pulse Report, published by ACI Worldwide, an original innovator in global payments technology. More than three-quarters of Americans now prefer to pay their bills......
Pyth Network First to Integrate High-Fidelity Price Feed Infrastructure into Sony Group's Soneium Blockchain
Blockchain News

Pyth Network First to Integrate High-Fidelity Price Feed Infrastructure into Sony Group’s Soneium Blockchain

PR Newswire
Pyth is the first blockchain oracle to deploy price feeds on Soneium, a gaming, DeFi, and experiences oriented blockchain from Sony Group, empowering developers with next gen financial infrastructure Pyth Network (“Pyth”), the public decentralized data infrastructure that empowers the next generation of financial applications, and Sony Block Solution Labs Pte. Ltd,......
MoneyGram Appoints Josh Gordon-Blake as Chief Digital Officer
Finance Fintech News

MoneyGram Appoints Josh Gordon-Blake as Chief Digital Officer

PR Newswire
Gordon-Blake will spearhead the Company’s digital strategy with a focus on the growth and global expansion of MoneyGram Online The MoneyGram digital business continues to thrive, largely driven by MoneyGram Online, which serves millions of consumers worldwide MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company......
Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One
Digital Payments News

Convera Embeds Payments to Deliver a Global Agent Solution with Ascent One

Business Wire
In partnership with Ascent One, Convera streamlines international payments and improves education agent and student experience Convera, a global leader in commercial payments, introduced its embedded payments solution for the education industry through its new partnership with Ascent One, the world’s first ecosystem purposely built for the education sector. This......
Trustly, Inc. Appoints Payments Industry Veteran Adam D’arcy as CPO
Banking Digital Payments News

Trustly, Inc. Appoints Payments Industry Veteran Adam D’arcy as CPO

Business Wire
Trustly, the global leader in Open Banking Payments, is proud to announce the appointment of Adam D’arcy as Chief Product Officer (“CPO”). After processing $58 billion in transaction value globally and achieving 79 percent year-over-year growth in Total Payments Volume (TPV) in 2023, Trustly looks to reinforce its product team......
Sling Money Raises $15 Million Series A to Transform Global Payments
Digital Payments News

Sling Money Raises $15 Million Series A to Transform Global Payments

Business Wire
Union Square Ventures leads round to help bring low-cost, instant money transfers to the world Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money......
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