Search Results for: issuance

US Payments Forum Clarifies Payment Network Rules for Issuance, Acceptance of Contactless Technologies in New Resource
Business Fintech News

US Payments Forum Clarifies Payment Network Rules for Issuance, Acceptance of Contactless Technologies in New Resource

Fintech News Desk
by Fintech News Desk0
As contactless payments continue to take hold in the US, many merchants and issuers are looking to provide these capabilities to their customers. With both magnetic stripe data (MSD) and EMV contactless technologies in the market, the US Payments Forum released a resource to help merchants, issuers and acquirers understand......
CIAB Picks ExdionPOD as a Top Insurtech Solution for Helping Brokers Automate Policy Checking and Issuance
InsurTech News

CIAB Picks ExdionPOD as a Top Insurtech Solution for Helping Brokers Automate Policy Checking and Issuance

Fintech News Desk
by Fintech News Desk0
ExdionPOD has been recognized by The Council of Insurance Agents & Brokers (CIAB) as one of the top 16 Insurtech solutions to watch in the category of platform and tools that automate the application, renewal and documentation process for brokers and their clients. ExdionPOD is an AI powered comprehensive platform......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
by Rishika Patel0
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Visa Introduces the Visa Tokenized Asset Platform
Digital Payments Fintech News

Visa Introduces the Visa Tokenized Asset Platform

Business Wire
by Business Wire0
Visa Tokenized Asset Platform (VTAP) is a new product that helps banks issue fiat-backed tokens. BBVA will use VTAP to create tokens on the public Ethereum blockchain with expected live pilots in 2025. Visa, a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through......
Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa
Digital Payments Fintech News

Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa

GlobeNewswire
by GlobeNewswire0
Lesaka Technologies, announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s......
Banking Blockchain Cryptocurrency DeFi Digital Asset Management Digital Payments Featured Finance Fintech Risk Management Security

Decentralized Finance (DeFi) and Banking: What’s Next?

Rishika Patel
by Rishika Patel0
Decentralized Finance (DeFi) is reshaping the finance industry by offering services traditionally managed by banks, insurance companies, and brokerage firms through blockchain technology. DeFi enables users to borrow, lend, earn interest, trade assets, and more—without relying on intermediaries such as banks or financial institutions. This decentralized model eliminates the need......
Financial Inclusion through Innovative Payment Systems
Finance Fintech Investments News

M2P Fintech raises Rs. 850 Crores in Series D Financing

Fintech Staff Writer
by Fintech Staff Writer0
M2P Fintech, Asia’s largest Banking infrastructure company, announced today the first close of its Series D financing, raising Rs. 850 crores through a mix of primary and secondary share capital. The financing was led by Helios Investment Partners and places the company’s valuation at over Rs. 6,550 crores. The funds will......
Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States
DeFi Fintech News

Abra Partners with Praxis, Announces Platform to Enable Tokenization and DeFi for Network States

Business Wire
by Business Wire0
Abra, a global platform for digital asset services, announced it has partnered with Praxis, the first network state, to collaborate on real world asset tokenization, as well as DeFi services to network states, including those created on the Praxis platform. This partnership marks the launch of Abra’s new Digital Asset......
Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand
Fintech Investment Services News

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
by Business Wire0
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......
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