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MoneyGram Teams With Korean FinTech To Boost Digital Growth

PYMNTS

Partnering with leading fintech companies is a critical component of our strategy to accelerate digital growth,” MoneyGram Chief Operating Officer Kamila Chytil , who heads the company’s digital business, said in the announcement. Terms of the deal were not disclosed.

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Emailage Embarks On ‘FinTech Roadshow’

PYMNTS

The company is calling it the “FinTech Roadshow.”. Emailage sees the FinTech industry as a critical sector for partnerships and growth. The company sees its upcoming FinTech Roadshow as an opportunity to forge new connections in some of those markets. The FinTech Roadshow concludes at Money20/20 in Las Vegas on Oct.

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BankSocial's plan to create a crypto-friendly credit union

American Banker

Leaders of the Dallas-based crypto services platform BankSocial hope to further decentralized finance concepts throughout the industry by using distributed ledger technology to support the proposed Defy Federal Credit Union's offerings of a deposit account and cryptocurrency services.

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Texas bank is taking aim at businesses' "chaos spend"

American Banker

Dallas-based Texas Capital Bank believes virtual credit cards, offered through a new fintech partnership, can help small business customers make their payment processes more efficient

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How Comerica Maps Its Innovation Plans

Bank Innovation

Vatsa joined the Dallas-based Comerica as chief information officer a little over two years ago, in 2016. Is it an efficient way? Are we creating value?” These are the three questions Comerica Inc’s EVP and CIO Sangy Vatsa asks himself before every major innovation project. Since then the bank’s innovation team has consistently […].

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HighRadius And Genpact Team Up On Accounts Receivable Automation 

PYMNTS

HighRadius, an enterprise software-as-a-service (SaaS) FinTech firm, and Genpact, a digital transformation company, have teamed up on improving enterprise accounts receivable and bringing digital automation solutions powered by both artificial intelligence and advanced machine learning, according to a release. .

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Today In Payments: Default Fears Mount As China’s Banks Encourage Loans; Goldman, Morgan Stanley Predict Economic Devastation

PYMNTS

Also, banking FinTech Finastra was hacked. Banking FinTech Finastra was hit with a security breach on Friday (March 20) and was forced to shutter key systems and send employees home. As China’s Banks Encourage Loans, Default Fears Mount. Morgan Stanley told clients to expect U.S. GDP to plummet over 30 percent between April and June.