Mastercard to Extend Real-Time Payments to Latin America With Arcus Acquisition
Mastercard has acquired Mexico-based Arcus Financial Intelligence to support bill pay solutions and other real-time payment applications across Latin America. Arcus provides bill pay and cash-in, cash-out services for billers, retailers, fintechs and traditional financial institutions in the US and
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How Can Financial Institutions Put a Stop to Account Takeover Attacks
Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institutions. An account takeover occurs when
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Thought Machine Earns Unicorn Badge with US$200 Million Series C Fundraise
Thought Machine, a London-based cloud-based core banking technology firm, has now achieved a unicorn valuation following the closing of its US$200 million Series C funding round. The round takes the total funding raised by Thought Machine to over US$340 million.
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Boerse Stuttgart’s BISON Launches Crypto Savings Plan
German stock exchange Boerse Stuttgart Group’s crypto platform BISON announced that it has rolled out savings plans for tradable cryptocurrencies. Plans start at a savings rate of 0.01 euros per week, month or quarter, and are accessible through BISON‘s app
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Deep Dive: Digging Into The Short-Term Opportunities For Global Banking
Market dynamics in the financial services business rarely come on with an urgency attached. After all, the first Open Banking project in the UK dates back to 2016. Formal PSD2 discussions started in 2013. Therefore, it’s difficult to argue that
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Temenos Launches New Fintech Marketplace Temenos Exchange
Global banking software company Temenos has launched a new collaborative fintech marketplace, Temenos Exchange, according to a statement by the company. The market provides pre-integrated and certified fintech solutions that are deployable within the Temenos Banking Cloud. It is the
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Revolut Acquires Point-Of-Sale System Nobly to Expand Its Services Into Hospitality
London-headquartered fintech giant Revolut announced the acquisition of ePOS software provider Nobly POS to expand its offering to serve the restaurant and hospitality sectors. Nobly has developed a comprehensive ePOS system for the restaurant and hospitality industry enabling hospitality businesses
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Studie: Digital-Kompetenz Schweizer Banken: Credit Suisse Top, Neon Flop
Wie ist es um die digitale Kompetenz der Schweizerischen Banken bestellt? Mit der unabhängigen Studie „Finnoscore Schweiz 2022“ misst das internationale Beratungsunternehmen Finnoconsult erneut die digitale Attraktivität Schweizerischer Banken und vergleicht diese mit Mitbewerbern aus Europa und Nordamerika. Aus Sicht
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Banking Circle Appoints New Head of Institutional Banking DACH
Luxembourg-headquartered payments bank Banking Circle has appointed Timo Florian Zwez as the new Head of Institutional Banking for the DACH region. In his new role, Zwez will be looking to drive growth for the company in the DACH region. More
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Swiss Post Launches First-Of-Its-Kind Crypto Stamp in Switzerland
The Swiss Post is launching Switzerland’s first crypto stamp today, according to a press announcement. The Swiss Crypto Stamp consists of two parts, a physical stamp worth 8.90 francs, and a related digital image that will show one of 13
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