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JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

JPMorgan has created a $100 billion funding arm — the JPMorgan Development Finance Institution (DFI) — to expand investments in emerging markets and help the United Nations (U.N.) is striving to tackle a host of issues in developing countries — from infrastructure and food security to climate change and health — by 2030.

National 148
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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”. The company said it facilitates international payments, with funds reaching recipients in less than five minutes.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Download the free report to find out how fintech is shaping the future of wealth management and investing.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

Further, it can leverage TCS’ fintech partner ecosystem to accelerate innovation and create superior and contextual experiences for its customers. This strategy is in line with the Bank’s mission of being an active participant in national strategy by supporting this sector of the economy.

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Your everything IBM at Sibos guide

Insights on Business

We want to examine what capabilities nascent technology from today will enable by the year 2030. Securing The Future we have been building: Looking back to the present day from 12 years out, what do we need to put in place now, to ensure that the future state is not one of pens, papers and dumb devices.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Its ability to detect and uncover money laundering and fraud at scale, including those perpetrated by organized crime, terror financing, and nation-state actors, is unparalleled. Banks with open banking ambitions should adopt this language standard to increase interoperability, efficiency, security, and customer experience.