Search Results for: economy

Banking Featured Finance Fintech Security

How Are Open Banking APIs Levelling the Playing Field for Traditional Banks?

Prajakta Ayade
by Prajakta Ayade0
The financial industry has seen significant disruption from fintech companies and neobanks, which benefit users by offering advanced technologies and customer-centric services. To keep pace, traditional banks are increasingly adopting Open Banking APIs (Application Programming Interfaces), a transformative technology that enables them to compete more effectively by fostering innovation, enhancing......
Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
Finance Fintech News

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

PR Newswire
by PR Newswire0
Huma Finance is transforming payment financing by utilizing real-world assets to deliver instant and borderless liquidity, enabling faster, more accessible, and more efficient financial solutions. Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant......
Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
Digital Payments Finance Fintech News

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

PR Newswire
by PR Newswire0
Huma Finance is transforming payment financing by utilizing real-world assets to deliver instant and borderless liquidity, enabling faster, more accessible, and more efficient financial solutions. Huma, the first Payment Financing (PayFi) network, announced that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation......
Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments
Digital Payments Finance Fintech News

Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments

PR Newswire
by PR Newswire0
Investment banking veteran, Andre Mancl, joins as CFO; Fraud risk expert, Philip Doyle, to lead regulatory compliance operations   Nium, the global leader in real-time cross-border payments, today announced two executive appointments that strengthen its leadership team and underscore the company’s focus on driving efficient and responsible growth. Andre Mancl joins as Chief Financial......
TFSF Pulse Launches Global Agent Program to Transform Merchant Payment Solutions
Digital Payments News

TFSF Pulse Launches Global Agent Program to Transform Merchant Payment Solutions

Cision PRWeb
by Cision PRWeb0
TFSF Pulse, an innovative provider of customized payment solutions and a proud subsidiary of TFSF Ventures FZ-LLC is excited to announce the launch of its Global Agent Program, set to begin on October 7, 2024. This strategic initiative aims to onboard up to 25 global agents to lead the distribution and integration......
ACI Worldwide Collaborates with Red Hat to Deliver Enterprise Payments for the Cloud Era
Finance Fintech News

ACI Worldwide Collaborates with Red Hat to Deliver Enterprise Payments for the Cloud Era

Business Wire
by Business Wire0
ACI joins Red Hat partner ecosystem to support cloud enablement for ACI’s industry-leading enterprise payments platform across any cloud infrastructure with Red Hat OpenShift ACI Worldwide, an innovator in global payments technology, today announced a collaboration with Red Hat Inc., the world’s leading provider of open source solutions, to make......
Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences
Artificial Intelligence Blockchain Finance Fintech News

Futureverse Chooses Ripple Custody to Provide Custody Solutions for Web3 Apps, Games and Experiences

Business Wire
by Business Wire0
Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets. Futureverse will enable secure, compliant Know Your Customer (KYC) verified access to DeFi via its self-developed Ottó......
Artificial Intelligence Featured Fintech Machine Learning

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

Prajakta Ayade
by Prajakta Ayade0
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......
Abaxx Announces Acquisition of PrivacyCode
Fintech News

Abaxx Announces Acquisition of PrivacyCode

GlobeNewswire
by GlobeNewswire0
Abaxx Technologies (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announced the acquisition of PrivacyCode, Inc. (“PrivacyCode”)......
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
by EIN Presswire0
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......
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