Mon.Jul 04, 2022

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How banks can enter the metaverse with purpose

Accenture

Our first metaverse post attracted a lot of attention and prompted the Ultimate Guide to Banking in the Metaverse. These posts discussed the first step in moving to the metaverse: educating your teams and stakeholders. Now, with more banks looking to understand how they can drive growth and value by entering this new frontier, we…. The post How banks can enter the metaverse with purpose appeared first on Accenture Banking Blog.

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Worldline acquires Eurobank's Merchant acquiring business in Greece

The Paypers

Worldline has completed the purchase of Eurobank ’s Merchant Acquiring business in Greece to position itself as the partner of choice for merchants in the country.

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Three ways for banks to re-imagine service—and grow sales

Accenture

Many organizations still view customer service as a cost of doing business. As a result, they focus mostly on improving the speed and efficiency of customer care. But about one in five are taking a different approach to customer service: They view it not as a cost center but as a value creator. We have…. The post Three ways for banks to re-imagine service—and grow sales appeared first on Accenture Banking Blog.

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Derivative Path, Goldman Sachs to offer global payments to banks

The Paypers

US-based Derivative Path , a provider of capital markets technology has partnered with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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The companies at the forefront of real-time payments

American Banker

Company 101

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Pressure from commercial depositors is arriving faster than expected

American Banker

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Ripple to use XRPL ledger in Columbia's land registry system

The Paypers

US-based payments platform Ripple has partnered with the Colombian government to use the XRP Ledger (XRPL) in the nation’s land registry system.

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Russia to legalise crypto mining

The Paypers

The Central Bank of Russia has announced it’s ready for the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia.

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DoorDash and Uber Eats Food Delivery enable crypto payments

The Paypers

US-based food and mobility services DoorDash and Uber Eats Food Delivery have announced they will enable crypto payments on their platforms through BitPay.

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The State of Automation in Financial Services 2024 Report

In this report, you’ll find a comprehensive analysis of survey responses from executives at banks, credit unions, and insurance companies concerning their organization’s current and future use of automation. The report’s key insights include: Which types of automation are saving organizations the most time and money How to overcome the biggest barriers to automation implementation and adoption Why automation investments will continue to grow over the next few years How much you could save in 202

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Paytrail and Aiia enable Open Banking payments in ecommerce

The Paypers

Finland-based payment service provider Paytrail has partnered with Denmark-based fintech Aiia (a Mastercard company) to accelerate Open Banking payments in ecommerce.

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BKN301 receives EUR 15 mln to boost its digital payments service

The Paypers

San Marino-based fintech company developing payment services and BaaS solutions, BKN301 , has raised EUR 15 million in a Series A funding round.

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WeChat Pay and AliPay+ launch in Qatar

The Paypers

Qatar National Bank ( QNB ), an important financial institution in the MENA region has announced the official launch of popular payment methods WeChat Pay and AliPay+.

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Digital banking YAP raises USD 41 mln

The Paypers

UAE-based digital banking startup YAP has raised USD 41 million in funding and aims to raise another USD 20 million to expand.

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Why Is CRE Lending Stuck in the Past? Top 3 Reasons for Digital Resistance

Commercial lending is on the verge of a resurgence, but traditional processes are an obstacle. Explore the top 3 reasons for resistance to digital transformation and how overcoming them can pave the way for growth and efficiency. Discover why embracing automation and digital solutions is crucial for success in today's competitive landscape. Discover how GoDocs helps commercial lenders in the digital era with seamless integration and a borrower-focused approach.

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OneCard to raise USD 100 mln

The Paypers

India-based credit card startup OneCard has planned to raise USD 100 mln in a new financing round at over USD 1.2 bln valuation.

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YouTrip launches in-app travel insurance product

The Paypers

Singapore-based neobank YouTrip has launched an in-app travel insurance product backed by HL Assurance.

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Sava, a South African spend management platform, raises USD 2 mln

The Paypers

Sava , a South Africa-based fintech, has raised USD 2 million in pre-seed funding.

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Chargebacks911 augments its automated dispute response platform

The Paypers

US-based post transaction fraud platform Chargebacks911 has enriched its data to facilitate dispute responses.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Cash App users can invest spare change in Bitcoin and stocks

The Paypers

US-based Cash App has added a new feature that will allow users to invest their spare change in Bitcoin and stocks.

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