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Will AI Lead to Open Banking in North America?

Bank Innovation

EXCLUSIVE— As open banking sweeps through Europe with the launch of PSD2, GDPR, and other regulations focused on transparency, North American financial institutions might want to consider looking to blockchain or artificial intelligence for their own compliance challenges.

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BIS Debuts Innovation Hub To Help Central Banks Collaborate

PYMNTS

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. Additional Centres across the Americas and Europe will be added during a second phase. “I

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Virtual, Mobile Payments Battle To Infiltrate Corporate America

PYMNTS

Corporate America seems to have let itself get out of hand in the omnichannel commerce and procurement space. At least, that’s what Conferma could argue, considering its most recent research on corporate expense management. The verdict wasn’t so good: Large corporations are losing more than $1 million every year — each.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. faster payment system. faster payment system.

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Aussie FinTech Douugh Introduces ‘Savings Jar’ With Mastercard Debit

PYMNTS

The launch of Savings Jars and specifically the launch of our default Rainy Day jar feature, will help our customers live financially healthier by getting them to save up to $1,000 as cover for unexpected expenses, or achieve a specific saving goal like a deposit for a home,” said Douugh Founder and CEO Andy Taylor. .

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures .

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TS Imagine Announces Strong Growth and Senior Hires as Demand Surges

Bobsguide

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. Piuter has over 20 years of experience successfully executing global, mission-critical programs and delivering transformative and innovative technology solutions for companies like Deutsche Bank, CGI and Hewlett-Packard.