Tag

Money Management

Did Merivale Underpay Employees Over Six Years, Leading to $19.25M Settlement?
Payroll
Did Merivale Underpay Employees Over Six Years, Leading to $19.25M Settlement?

Justin Hemmes’ company, Merivale, is facing a hefty $19.25 million payout to former employees following serious allegations of underpayment spanning six years. The prominent hospitality group, which operates over 90 venues across Sydney, encountered a class action lawsuit led by Raymond Boulos and other former employees. The core of their complaint centered on the company’s pay practices from December 2013

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NORBr Secures €3M to Expand its Omnichannel Payment Solutions Platform
E-Commerce
NORBr Secures €3M to Expand its Omnichannel Payment Solutions Platform

In a significant development in the financial technology sector, NORBr, a no-code, omnichannel-ready Payment Infrastructure as a Service (IaaS) provider, has garnered €3 million in funding. Contributed by Alstin Capital and previous investor Portfolion, this investment seeks to strengthen NORBr’s omnichannel payment solutions, emphasizing advancements in payment terminal management, operational efficiency, and stringent compliance. Given the global payments market’s projection

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Is APP Fraud Undermining Consumer Trust in Payment Technologies?
Digital Lending / Digital Payments
Is APP Fraud Undermining Consumer Trust in Payment Technologies?

The rapid evolution of digital payment technologies has revolutionized the way we conduct transactions, making our financial lives more convenient and efficient. However, this evolution has also introduced new avenues for criminal activity, particularly in the form of Authorized Push Payment (APP) fraud. This type of fraud has not only caused substantial financial losses but also inflicted significant psychological distress

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MetaDocs Streamlines Financial Services with Advanced Document Management
Enterprise Applications
MetaDocs Streamlines Financial Services with Advanced Document Management

In an industry where precision, efficiency, and security are paramount, financial services face the monumental task of managing vast quantities of paperwork. Contracts, invoices, statements, and other crucial documents can quickly overwhelm traditional storage and management methods. This ongoing challenge has driven financial organizations to seek innovative solutions, and MetaDocs Document Management has emerged as a transformative tool in revolutionizing

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Fabergé and Konvi Transform Luxury Investments with Christmas Egg Offering
Digital Wealth Management
Fabergé and Konvi Transform Luxury Investments with Christmas Egg Offering

Renowned luxury jeweler Fabergé has been commissioned by Konvi, Europe’s premier luxury assets fractional investment platform, to create its first-ever Christmas Egg Objet. This remarkable endeavor marks a milestone in the world of luxury asset investment, offering individuals the opportunity to own a piece of history and splendor that was once exclusively available to the wealthiest elite. The custom-made ‘Christmas

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Can AI-Powered Platforms Like Range Revolutionize Wealth Management?
Digital Wealth Management
Can AI-Powered Platforms Like Range Revolutionize Wealth Management?

In today’s fast-paced, technology-driven world, individuals seek efficient and innovative solutions for managing their wealth, as traditional methods often fail to meet the needs of a diverse client base. The emergence of AI-driven platforms, particularly Range, marks a significant shift in how wealth management services are delivered. Co-founded by Fahad Hassan and David Cusatis in 2021, Range leverages its proprietary

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How Can Blockchain Revolutionize Global Payment Systems?
Fintech Blockchain
How Can Blockchain Revolutionize Global Payment Systems?

In today’s digital age, businesses are constantly seeking advancements to revolutionize payment systems, emphasizing the need for security, cost-efficiency, and streamlined transactions. Blockchain technology has emerged as a game-changer in this realm, offering decentralized structures that enhance security, reduce costs, and enable seamless cross-border payments. The widespread adoption of blockchain is steadily transforming conventional payment systems, providing businesses new opportunities

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How Will Biometric Payment Cards Revolutionize Global Transactions?
Digital Lending / Digital Payments
How Will Biometric Payment Cards Revolutionize Global Transactions?

Imagine a world where forgotten PINs or stolen cards no longer haunt your financial transactions; this future is closer than you think with the advent of biometric payment cards. Biosmart, a leader in the global smart card technology industry, has recently received Mastercard’s Letter of Approval (LoA) for its biometric payment cards. Built on the IDEX Pay platform, this approval

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How Does HSBC’s Smart Transact Enhance Global Business Payments?
E-Commerce
How Does HSBC’s Smart Transact Enhance Global Business Payments?

HSBC has recently introduced Smart Transact, an innovative payments management solution specifically designed for businesses aiming to expand their international presence. As companies grow and diversify into different markets, managing transactions across various borders can become a complex and time-consuming task. Smart Transact addresses these challenges by offering a centralized, adaptable system that consolidates multiple payment functionalities into one seamless

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Can Range’s AI Platform Revolutionize Wealth Management Industry?
Digital Wealth Management
Can Range’s AI Platform Revolutionize Wealth Management Industry?

The future of wealth management is being redefined by Range, an AI WealthTech platform that recently garnered significant attention after raising $28 million in Series B funding. Led by Cathay Innovation and supported by Gradient Ventures and other notable investors, this successful round has brought Range’s total funding to $40 million. Co-founded by Fahad Hassan and David Cusatis, the company

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Can Data Sharing Help Reduce Fraud in England and Wales?
Cyber Security
Can Data Sharing Help Reduce Fraud in England and Wales?

The UK’s data protection regulator has recently highlighted a critical issue exacerbating the ongoing fraud epidemic: the hesitancy of organizations to share customers’ personal information. According to official statistics, fraud has become the most prevalent crime in England and Wales, representing nearly 39% of total offenses. The reluctance to share data responsibly, fairly, and proportionately is allowing fraudsters to exploit

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How Will Zing and Checkout.com’s Partnership Transform Payments?
Digital Lending / Digital Payments
How Will Zing and Checkout.com’s Partnership Transform Payments?

In the dynamic world of financial technology, partnerships have often proven to be catalysts for innovation, driving the sector toward more efficient and customer-friendly solutions. The recent collaboration between Zing, a UK-based international payments app, and Checkout.com, a global digital payments provider, promises to be a game-changer for the payments industry. Since its inception, Zing has aimed to make international

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