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Citi Teams With Cachematrix To Revamp Online Investing Experience

PYMNTS

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. Cachematrix , a software as a service (SaaS) FinTech, specializes in making cash control easier.

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OnDeck Launches ODX To Help Banks Lend To SMBs Online

PYMNTS

Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks. Raj Kolluri, the financial technology executive, was appointed the head of ODX’s product and technology, joining ODX from SS&C Primatics, the software company, noted Reuters.

Lending 108
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Revolut Adds Amex To Open Banking Feature

PYMNTS

the British financial technology company headquartered in London, has added American Express to its open banking platform. Before this addition, Revolut shoppers could access American Express balances and transactions only through Amex’s online banking service or app. Revolut Ltd.,

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Salesforce Enhances Open Banking Capabilities with Mulesoft Deal

Bank Innovation

The acquisition of software provider Mulesoft by financial technology provider Salesforce will go a long way towards opening the banking ecosystem in the United States, as Salesforce integrates the former’s API capabilities into its platform. The acquisition, with a potential $6.5

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Intuit Reportedly Set To Spend $7B To Buy Credit Karma

PYMNTS

The deal will push the bookkeeping software giant more into the realm of consumer finance, people familiar with the deal said. Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Intuit would gain a strong standing in the world of online personal finance by acquiring Credit Karma.

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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209
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D+H, RBC Launch Lending Simulation for Better Performance

Bank Innovation

Financial technology solutions provider D+H has launched Barometer today, a software-as-a-service assessment and training solution for lenders, in partnership with the Royal Bank of Canada, which is one of the largest financial institutions in the country. Both companies are based in Toronto.

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