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Jul 10, 2024 – FinTech News

Outpayce Partners with Mambu to Launch Innovative Multi-Currency Digital Wallet

Outpayce has teamed up with Mambu to unveil a sophisticated multi-currency digital wallet, marking a significant advancement in global financial…

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Jul 10, 2024 – FinTech News

Challenges Mount for US Banks as Profits Squeeze Amid Lower Interest Payments and Rising Credit Losses

US banks are navigating challenging waters as reduced interest income and increased credit losses put pressure on profitability, impacting their…

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Jul 10, 2024 – FinTech News

Fifth Third Bank Faces CFPB Fine for Fake Accounts and Auto Repossessions

Fifth Third Bank has been fined by the US Consumer Financial Protection Bureau (CFPB) due to allegations of creating fake…

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Jul 10, 2024 – FinTech News

Bank of England Tightens Oversight on Insurance Risk Transfers

The Bank of England is increasing its scrutiny of risk transfers in the insurance sector to address concerns about transparency,…

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Jul 10, 2024 – FinTech News

Fed Chair Powell Reaffirms Central Bank Independence Amid Growing Economic Challenges

Federal Reserve Chairman Jerome Powell emphasized the importance of central bank independence at a recent event, addressing mounting economic challenges.…

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Jul 10, 2024 – FinTech News

Privado ID Enhances Web Wallet with 50% Faster Identity Verification

Privado ID has launched an upgraded web wallet that enhances identity verification speed by 50%. This improvement leverages advanced biometric…

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Jul 09, 2024 – FinTech News

FREENOW Partners with Alipay+ to Expand Asian E-Wallet Acceptance Across Europe

FREENOW has teamed up with Alipay+ to introduce Asian e-wallet acceptance in seven European countries. This integration aims to enhance…

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Jul 09, 2024 – FinTech News

HSBC Collaborates with Visa to Launch Zing International Money App

HSBC has partnered with Visa to introduce the Zing International Money App, aimed at enhancing cross-border transactions and digital banking…

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Jul 09, 2024 – FinTech News

Singapore Banks Fortify Defenses Against Rising Phishing Scams

Banks in Singapore are implementing enhanced measures to combat the surge in phishing scams. These include advanced cybersecurity protocols, public…

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Jul 09, 2024 – FinTech News

First Federal Bank of Kansas Selects Jack Henry for Advanced Core Processing Solution

First Federal Bank of Kansas has chosen Jack Henry to upgrade its core processing solution, aiming to enhance efficiency, security,…

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