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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. million CU members. Developments From Around The World Of Credit Unions.

Nevada 192
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Yapily Raises $5.4M To Connect UK FinTechs To Banks

PYMNTS

based FinTech startup, has raised $5.4 Funding will go to develop its API platform aimed at helping FinTechs connect to traditional banks. The open banking initiative requires banks to let FinTechs access customers’ account information. According to Plaid, more than 1,600 FinTech companies came out of the U.K.,

Fintech 108
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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

It enables the secure sharing of financial and other data to enable seamless digital payments and money transfers. . Aside from providing banking customers in the Kingdom with a way to securely manage and share financial data, open banking will also give people access to custom products and services.

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JP Morgan Creates $100B Funding Arm To Help UN

PYMNTS

is striving to tackle a host of issues in developing countries — from infrastructure and food security to climate change and health — by 2030. Earlier this month, JPMorgan Chase announced new security measures that would block FinTech apps from accessing customers’ passwords. The investment gap is roughly $2.5

National 148
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Goldman Gets Green Light To Operate Bank In South Africa

PYMNTS

Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

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Goldman Joins South Africa’s Johannesburg Stock Exchange

PYMNTS

Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank. Africa’s eCommerce volume is expected to reach $75 billion by 2025, and economic output in FinTech is anticipated to add $150 billion by 2022 to its GDP.

Capital 131
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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.