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Adoption of Artificial Intelligence- Good Sign To Buy Stocks

Investors beware: Artificial intelligence (AI) is getting a lot of attention as more businesses claim to be leveraging it. In certain circumstances, businesses use outdated data analytics software under the guise of AI to enhance their public relations. Finding...

Russian Debt Sanctions Hinder Default Insurance Payouts

If the U.S. Treasury does not approve an auction that would enable billions of dollars in insurance to be paid out, investors hurt by Russia's debt default will have to resolve some of their positions privately. Under the strain of...

Visa to partner with African payments outfit Flocash

Visa, a world leader in digital payments, announced today that it is partnering with Flocash (www.Flocash.com), FT Africaโ€™s fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services. The...

ING, NXP and Samsung join forces for new method of mobile payment

ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person youโ€™re paying. The method is called NEAR and was developed by ING Factory, INGโ€™s workshop for technological customer...

KBC completes acquisition of Raiffeisen Bank International’s Bulgarian operations

KBC Bank and Raiffeisen Bank International (โ€˜RBIโ€™) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of Raiffeisenbank (Bulgaria) EAD, which is responsible for the banking operations of RBI in Bulgaria. The transaction...

TrueLayer and Chip to collaborate for faster payments

TrueLayer, Europeโ€™s leading open banking platform, and innovative wealth-building app Chip, today announced their collaboration, delivering an improved customer experience through dramatically faster account payments. Chip offers a variety of options to make saving effortless through an approach thatโ€™s tailored...

Banking app Marygold expands product portfolio with i2c

I2C Inc., a leading provider of digital payment and banking technology, today announced its partnership with Colorado-based financial technology company Marygold & Co., to power the platformโ€™s Tap to Pay Debit Mastercard and new customer-centric savings program. Leveraging i2cโ€™s plug-and-play...

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