News
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 In certain circumstances, businesses use outdated data analytics software under the guise of AI to enhance their public relations.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...
Insurance
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...
Cards & Payments
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 Africaโs fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services.
The...
Cards & Payments
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 youโre paying. The method is called NEAR and was developed by ING Factory, INGโs workshop for technological customer...
Banking
KBC completes acquisition of Raiffeisen Bank International’s Bulgarian operations
KBC Bank and Raiffeisen Bank International (โRBIโ) 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...
Cards & Payments
TrueLayer and Chip to collaborate for faster payments
TrueLayer, Europeโs 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 thatโs tailored...
Banking
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 platformโs Tap to Pay Debit Mastercard and new customer-centric savings program.
Leveraging i2cโs plug-and-play...
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