Category: Doing Business Overseas
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What’s Missing to Boost Apple Pay’s BNPL Tool Above the Competition?
You’ve likely heard by now that Apple has taken the veil off of its BNPL tool, Apple Pay Later. The tech giant announced Apple Pay Later at its World Wide Developer Conference on Monday. If you haven’t read coverage of the announcement yet, here’s the gist– the new tool will enable Apple Pay users to…
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Suze Orman’s New Startup SecureSave Raises $11 Million for its Workplace Emergency Savings Account
SecureSave raised $11 million in strategic funding this week, taking its total capital raised to $1.7 million. The Kirkland, Washington-based company offers workplace-based emergency savings accounts. SecureSave made its Finovate debut last year at FinovateSpring. SecureSave, a new workplace savings program provider that made its Finovate debut last year at FinovateSpring 2021, has secured $11…
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SocietyOne Adds Digital Bank Accounts
Australia P2P lender SocietyOne is adding new checking and savings accounts, SpendOne and SaveOne. SocietyOne is leveraging Westpac’s banking-as-a-service platform to offer the new accounts. Today’s news comes three months after SocietyOne was acquired by alternative lender MONEYME. It’s 2022 and digital banking is in the air. P2P lending platform SocietyOne is among the many…
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US Bank CTO Ian Eslick joins Bank Automation Summit Fall
Ian Eslick, chief technology officer for enterprise architecture and engineering at U.S. Bank, will headline the fireside chat at the Bank Automation Summit on Sept. 19 at 9:15 a.m. PDT, to discuss banking automation and the future of technology for financial institutions. Bank Automation Summit Fall 2022 will be held Sept. 19-20 at the Hyatt Olive…
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Core providers Fiserv, CSI announce new deals
Fiserv announces 9 deals, including $991M US Metro Bank Core provider Fiserv revealed it has signed multiple new banks during the first quarter, including $991 million U.S. Metro Bank, based in Garden Grove, Calif., which chose its Premier banking platform. Meanwhile, the $1 billion Plains Commerce Bank renewed its Precision core from Fiserv in Q1.…
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Jack Henry launches automated risk assessment program
Core provider Jack Henry is offering a way to ensure financial institutions can select vendors that align with their required levels of risk and compliance. The Vendor Management Program integrates into Jack Henry’s Governance, Risk and Compliance (GRC) Suite, and runs an automated risk assessment on banks’ external service providers, IT vendors and related third…
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Citi backs Arteria AI for automated contract workflows
Arteria AI will automate contract lifecycle management for Citi and expand its footprint on the back of an undisclosed investment. Arteria AI, a Toronto-based fintech that spun off from Deloitte in 2020, provides automated contract lifecycle management (CLM) services for banks, credit unions and financial institutions. The fintech maintains a client base that consists of…
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Buckzy Extends Payments Network Throughout Central and South America
Canadian fintech further expands its network in Latin America to deliver cross-border payments to eight countries and half a billion people. Buckzy Payments, a real-time cross-border payments network, has announced it has extended its payments network throughout Central and South America. The Buckzy network now covers eight countries in the LATAM region – Argentina, Brazil,…
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Spotlight: FIVE Hotels and Resorts Expands to ‘Blockchain Capital’ of Dubai
The acceptance of cryptocurrency as a payment method is gradually becoming more and more mainstream. The days of it being a niche investment are gone – this is in large part to forward thinkers and innovators outside of the financial space looking to integrate accept digital currencies. The change in attitude towards cryptocurrencies is only…
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SS&C to combine business process management with Blue Prism’s RPA
Financial services software firm SS&C Technologies is preparing to integrate Blue Prism’s robotic process automation (RPA) suite into its business process management (BPM) platform. SS&C, which acquired automation software developer Blue Prism in March, says it will push toward the next stage of RPA: the digital worker. A digital worker is a bot designed to…
