Google Invests US$1 Billion in CME Group, Signs Cloud Migration Deal
Google has made a US$1 billion equity investment in CME Group, a diverse derivatives marketplace, and signed a 10-year strategic partnership to accelerate latter’s move to the cloud. Under the agreement, CME Group will migrate its technology infrastructure to Google
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F10 Join Forces With the Italian Angels for Growth to Strengthen Its Investor Network
Fintech incubator and accelerator F10 and the Italian Angels for Growth (IAG) have signed letter of intent to work together to strengthen the global fintech and insurtech startup ecosystem. Through the partnership, F10 further expands its international investor network and
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BNPL Adoption Soars in the UK
Buy now, pay later (BNPL) arrangements are growing exponentially in the UK, gaining traction amongst both consumers and businesses. Research by consulting firm Bain & Company found that BNPL is now used by 25% of e-commerce shoppers and 20,000 merchants
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Schweizer Premiere: Private Banking Services via App
Während die Digitalisierung in vielen Bereichen des Finanzwesens bereits weit fortgeschritten ist, hat sie im Private Banking bisher wenig Spuren hinterlassen. Die Prozesse sind in der Regel mit viel manueller Arbeit verbunden, dementsprechend teuer und exklusiv sind die Services und
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Schweizer Betreibungsauszüge auf der Blockchain
Betreibungsschalter-Plus.ch bietet neu mit Blockchain-Siegel versehene elektronische Betreibungsauszüge an. Damit hat der Empfänger oder die Empfängerin eines Betreibungsauszugs die Sicherheit, dass die Daten echt sind. Die Blockchain-Technologie bietet einen innovativen Ansatz für die Versiegelung von Dokumenten. Betreibungsauszüge mit einem Blockchain-basierten
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Socure Secures US$450 Million Series E Fundraise at US$4.5 Billion Valuation
Socure, a provider of digital identity verification and fraud solutions, announced its significantly oversubscribed US$450 million Series E funding round at a US$4.5 billion valuation. The company achieved a US$4.5 billion valuation just seven months after its US$1.3 billion Series
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Bottomline Acquires Bora Payment Systems for US$15 Million
Bottomline, a provider of financial technology that makes complex business payments simple, smart and secure, announced that it has completed the acquisition of Bora Payments Systems for US$15 million in cash. Bora Payment Systems is a B2B card payment platform
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Klarna Expands Its Footprint to Ireland
Swedish Buy Now, Pay Later (BNPL) platform Klarna announced that it has officially launched in Ireland. Irish consumers will be able to shop online and split their purchases into three interest-free equal payments (Pay in 3) through both the Klarna
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5 Fintech Trends in Latin America
Latin America (LatAm)’s fintech revolution continues its course this year. Investors’ confidence remains high as they continue pouring billions into the space, betting on the prospect of fintech to help improve financial inclusion and bring innovation in the outdated banking
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Spend Management Firm Yokoy Partners With UBS Switzerland
Swiss spend management specialist Yokoy Group announced that it has entered into a partnership with UBS Switzerland. Yokoy said that this partnership will open up new possibilities in the area of spend management for all of UBS’ clients in the
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