Tag : financial technology

Six Ways Fraudsters Are Using Generative AI to Commit Fraud
Artificial Intelligence Compliance management Digital Guest Posts

Six Ways Fraudsters Are Using Generative AI to Commit Fraud

Oliver Tearle
by Oliver Tearle0
Generative artificial intelligence (AI) has already had a pervasive impact on our lives, with many experts sharing their opinions on the technology’s industry changing commercial potential and how it might be used in future. I recently shared my thoughts on how the technology would change the payments industry, but while there are......
Circle Singapore Obtained Major Payment Institution License
Digital Payments News

Circle Singapore Obtained Major Payment Institution License

PR Newswire
by PR Newswire0
Circle Internet Singapore Pte. Ltd., an affiliate of Circle Internet Financial, LLC (Circle), has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money transfer services in the city-state......
Momnt Partners with Cross River to Make Lending More Accessible
Banking Lending News

Momnt Partners with Cross River to Make Lending More Accessible

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, is excited to announce the launch of a partnership with Cross River Bank, a leading financial services and technology infrastructure provider that offers embedded financial solutions. Merchants on the Momnt platform......
Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models
Artificial Intelligence Finance News

Intuit Introduces Generative AI Operating System with Custom Trained Financial Large Language Models

Business Wire
by Business Wire0
Company unleashes the power of generative AI on its platform to ignite innovation at scale for millions of consumer and small business customers Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced that it is expanding its platform architecture to include a proprietary Generative AI operating system (GenOS) with......
Madison Dearborn Partners Completes Acquisition of MoneyGram
Fintech News

Madison Dearborn Partners Completes Acquisition of MoneyGram

PR Newswire
by PR Newswire0
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......
Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services
Banking News

Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services

PR Newswire
by PR Newswire0
Adyen increases the velocity of funds movement ‘untrapping’ 1 – 3 days worth of cash flow per customer empowering businesses and accelerating payments to end users Adyen, the global financial technology platform of choice for leading businesses, announces the launch of Payout Services. This offering enables Adyen’s customers to payout......
Worldpay From FIS and Affirm Team up to Expand Pay-Over-Time Solutions That Help Merchants Drive Growth
Digital Payments News

Worldpay From FIS and Affirm Team up to Expand Pay-Over-Time Solutions That Help Merchants Drive Growth

Business Wire
by Business Wire0
Multi-year partnership enables Worldpay clients to seamlessly integrate Affirm and offer flexible and transparent payment options Affirm, the payment network that empowers consumers and helps merchants drive growth, and global financial technology leader Worldpay from FIS, announced a multi-year partnership that will make Affirm’s Adaptive Checkout available to all eligible......
NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors
Fintech Fintech Funding News

NYMBUS Raises $70 Million in Series D Funding, Bolstered by New and Returning Investors

Business Wire
by Business Wire0
NYMBUS, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors. This round was led by global software investor Insight Partners and bolstered by additional investments from Nymbus clients ConnectOne......
SumUp partners with JCB to Boost Card Acceptance for European Merchants Within Its 4-Million-Strong Global Network
Digital Payments News

SumUp partners with JCB to Boost Card Acceptance for European Merchants Within Its 4-Million-Strong Global Network

Fintech News Desk
by Fintech News Desk0
The new alliance represents a key pillar of growth for JCB’s acceptance network, enabling merchants to tap into the spending power of its 150 million cardmembers world-wide JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., announced its partnership with global financial technology company SumUp, to enable......
Gainbridge Announces Launch of Its New B2B Insurance-as-a-Service Platform and Partnership with SAVE
B2B InsurTech News

Gainbridge Announces Launch of Its New B2B Insurance-as-a-Service Platform and Partnership with SAVE

PR Newswire
by PR Newswire0
Gainbridge Insurance Agency, LLC, a Group 1001 company, announced the upcoming launch of its business-to-business (B2B) “insurance-as-a-service” platform targeting leading financial technology companies with turnkey, intuitive savings, and retirement solutions for their consumers. Today, Gainbridge offers simple, commission-free annuity products with compelling returns through its digital-first user interface. With this......
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