FinTech Blogs & Insights

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Aug 13, 2024 FinTech News

Russia Revokes Banking License of American Express Subsidiary

Russia has canceled the banking license of an American Express subsidiary, citing regulatory non-compliance. This move reflects increased scrutiny on…

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Aug 13, 2024 FinTech News

Techstars Slashes Global Workforce by 17% Amidst Strategic Revisions

Techstars, a prominent pre-seed fintech investor, has reduced its global workforce by 17%. This move is part of a broader…

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Aug 13, 2024 FinTech News

Debt Repayment Platform Haboo Money Gears Up for 2025 Launch

Haboo Money, an innovative debt repayment platform, is set to launch in 2025. The platform aims to simplify debt management…

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Aug 13, 2024 FinTech News

UFS Acquires Safe Systems to Enhance Compliance and Security Capabilities

Universal Financial Services (UFS) has acquired Safe Systems, aiming to strengthen its compliance and security offerings. The purchase will enable…

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Aug 13, 2024 FinTech News

Mbanq Partners with SMEApprove to Revolutionize Credit Decisioning for Banks and FinTechs

Mbanq has enhanced its credit decisioning process by integrating SMEApprove's AI technology. This partnership will provide banks and FinTechs with…

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Aug 13, 2024 FinTech News

Nium Transforms Cross-Border Payments in Latin America

Nium is revolutionizing cross-border payments in Latin America with its advanced payment solutions, offering real-time transfers, competitive rates, and enhanced…

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Aug 13, 2024 FinTech News

Pibank Debuts in the US with Competitive 5.50% APY Savings Account

Pibank has entered the US market, offering a highly attractive 5.50% APY on its new savings account. This move aims…

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Aug 13, 2024 FinTech News

Standard Chartered Unveils ESG-Linked Cash Account for Corporates

Standard Chartered has launched an ESG-linked cash account tailored for corporate clients, integrating environmental, social, and governance (ESG) metrics into…

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Aug 13, 2024 FinTech News

Tally, a16z-Backed Fintech, Shuts Down After Raising $172M Due to Cash Shortfall

Tally, an a16z-backed fintech startup focused on debt management, is shutting down after raising $172 million. Despite significant funding, the…

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Aug 12, 2024 FinTech News

Adani Group Faces $13.4 Billion Loss Following Hindenburg Report Allegations

Adani Group's shares plummeted by up to $13.4 billion after the Hindenburg Research report accused the conglomerate of financial irregularities…

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