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Banking Transformation Summit USA

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Worldline and Broderick’s sign strategic three-year deal to boost cash to card vending business

Worldline, the European leader in the payments and transactional services industry, is to deliver a three-year support programme for Broderickโ€™s, the Manchester-based, fast-growing, family-owned operator of more than 1,000 vending machines across the UK. Worldline will provide Broderickโ€™s with all...

Mexico’s central bank to launch digital currency by 2024

Mexicoโ€™s central bank will have its digital currency by 2024, the Mexican government announced on social media, although the development was not confirmed by the monetary authority, known locally as Banxico. โ€œBanxico reports that it will have its own...

US fintech Brex raises $300m to expand product portfolio

US fintech company Brex has raised an additional $300m funding in a Series D-2 round that valued the company at $12.3bn. The funding round was led by Greenoaks Capital and Technology Crossover Ventures (TCV). It is expected to enable the...

Mastercard advances B2B payments solution with BMO and Moneris Partnerships

Mastercard announced new partnerships with BMO and Moneris Solutions Corporation (โ€˜Monerisโ€™), who have joined Mastercard Trackโ„ข Business Payment Service. This unique Mastercard solution, available to Canadian business customers in early 2022, is designed to help buyer and supplier partners...

US Banks Turn to Technology To Compete Against FinTechs

Traditional banks are looking to technology service providers to help them navigate the digital transformation that has been accelerated by the Covid-19 pandemic. According to a report for the US by global technology research and advisory firm, Information Services Group,...

American Express Launches New Fully Digital Business Checking Account for U.S. Small and Mid-Sized Businesses

American Express, the leading small business Card issuer in the U.S.,ย  introduced its new Business Checking account designed for small and mid-sized (SME) businesses. This fully digital Business Checking account offers a secure, high-yield, and low fee digital banking...

e-Teller first in Chile to use facial recognition for banking

Customers in Chile no longer rely on debit cards to access in-branch services after a new e-Teller system was introduced nationwide in July. Now, a fingerprint or facial scan is all thatโ€™s required, making each interaction even faster for...

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