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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 In addition, Monese adopted Thought Machine’s cloud banking platform. Europe and South Africa.

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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

and RBC Capital Markets. Founded in 2003, Nuvei said its platform connects the major payment card platforms worldwide, and supports more than 450 payment methods and 150 currencies. By marrying SafeCharge’s market-leading technology and Nuvei’s established distribution channels in the U.S.

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Financial Services: The Next Generation … where is it?

Chris Skinner

The more I think about it, we have three major FinTech models, each with their own unique blend of thinking. The mainstream FinTech discussions here in Europe and America is how to reboot the antiquated banking system. For these reasons, I see the Fintech in China and India as demonstrating growth economies characteristics.

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Paya To Purchase Another Payment Platform

PYMNTS

21) follows Paya’s decision to go public through a merger with FinTech Acquisition Corp. With the sale, Paya said it will invest in TPG’s sales efforts, add to TPG’s technology and expand marketing to boost the adoption of electronic payments among TPG’s customers. Terms of the deal were not disclosed. The announcement Monday (Sept.

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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic. Its growth rate in April accelerated to 75.8 percent growth in revenue. percent year over year.

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

In May 2007, Voice Commerce, the voice biometrics company he founded in 2003, launched VoicePay, the consumer-facing application of the company’s secure voice-initiated transactions processing platform. Ogden said what sparked the idea for ClearBank was the perfect storm of market consolidation in the U.K. that he sold to RBS in 2002.

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

Digital Shop, which was co-created with FinTech ePayLater, will allow kirana owners to track their daily and monthly sales, manage their inventory, place orders with Metro, offer digital payment options to customers and more, according to Live Mint. “The

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