Money Management Archives | Page 44 of 239

Robotic Process Automation In Fintech

Swift to Launch AI-Powered Fraud Detection Service in 2025

Swift is gearing up to revolutionize the global financial services industry with its innovative AI-powered fraud detection service. Set for launch in January 2025, this groundbreaking service aims to fortify the global payments landscape against escalating fraudulent activities. Developed in collaboration with international banks, the new service promises to leverage advanced artificial intelligence to deliver real-time fraud detection based on

October 21, 2024

Digital Lending / Digital Payments

Cash App and Lyft Partner to Streamline Payments for Gen Z and Millennials

In a major move destined to reshape the ride-sharing and digital payment landscape, Lyft has teamed up with Cash App Pay. This strategic partnership aims to provide a more seamless and convenient payment experience specifically catered to Gen Z and Millennials, who prefer non-traditional payment methods over the usual credit and debit card transactions. By integrating Cash App Pay directly

October 21, 2024

E-Commerce

How Will BRI’s Nium Partnership Transform Cross-Border Payments?

The collaboration between Bank Rakyat Indonesia (BRI) and Nium marks a pivotal moment for Indonesia’s financial sector. Bank Rakyat Indonesia, known for serving an extensive customer base across the archipelago, has formed a strategic partnership with Nium to simplify and expedite cross-border payments. This move is not just a technological upgrade; it’s a transformative step that aligns with BRI’s larger

October 21, 2024

Digital Lending / Digital Payments

Fime Unveils EMV C-8 Kernel to Streamline Contactless Payments

In a significant leap forward for the payments industry, Fime has launched the pioneering EMV® C-8 Contactless Kernel testing services. Designed to simplify the adoption of contactless payments, this new specification aims to eliminate costs and complexities typically associated with such systems. With enhancements in security and efficiency, this development impacts merchants, vendors, and solution providers, setting a new standard

October 21, 2024

Fintech Blockchain

How Is Yellow Card Pioneering Crypto Solutions in Africa’s Market?

Amidst the global turbulence surrounding cryptocurrencies and the blockchain sector, Africa emerges as a battleground for innovation, challenges, and promising solutions. At the center of this dynamic environment stands Yellow Card, a U.S.-founded crypto platform launched in Nigeria in 2019. This article delves into how Yellow Card is revolutionizing the crypto landscape in Africa, from its fundraising triumphs to its

October 18, 2024

Payroll

Will Financial Constraints Force Celtics to Drop Standout Lonnie Walker?

The Boston Celtics are known for their strategic financial maneuvers aimed at building a championship-caliber team. This offseason, the organization committed to a significant financial outlay, leading to a payroll exceeding $500 million. This calculated spending includes record-breaking contracts and pivotal player acquisitions. However, the emergence of preseason standout Lonnie Walker IV has presented the Celtics with a dilemma: can

October 18, 2024

AI and ML

How Will Nasdaq’s AI Transform Risk Management in Finance?

Recently, Nasdaq has unveiled a breakthrough in machine-learning technology aimed at transforming risk management for financial institutions. This innovation, set within Nasdaq’s Calypso platform, promises to significantly uplift the operations of banks, insurance companies, and other financial entities by enhancing efficiency and accuracy in risk assessments. By integrating machine learning with sophisticated mathematical modeling, Nasdaq aims to revolutionize traditional risk

October 18, 2024

Embedded Finance

UK Government Moves to Regulate Buy-Now, Pay-Later Services

The UK government is set to overhaul the regulatory landscape for Buy-Now, Pay-Later (BNPL) services, taking significant steps to ensure consumer safety and financial stability. As BNPL services have surged in popularity, so have concerns about their impact on consumers, particularly regarding affordability and transparency. This initiative represents a crucial evolution in the financial sector and aims to balance the

October 18, 2024

DevOps

Could Praxis Create the Next Tech Utopia with Crypto and AI Innovation?

In recent news, Praxis has made waves with its ambitious plan to build a tech-forward city that minimizes regulations for cryptocurrency, artificial intelligence (AI), and other advanced technologies. This venture has successfully secured a substantial $525 million in funding, sparking considerable interest and anticipation. Vision and Funding Secured An Ambitious Vision Praxis aims to construct a city that is not

October 18, 2024

Digital Lending / Digital Payments

Nordics Shift to Mobile Payments as Cash Use Dwindles Rapidly

The landscape of financial transactions is undergoing a dramatic transformation in the Nordic region, with mobile payments rapidly taking the lead while traditional cash usage fades into obscurity. An in-depth survey by Nets, part of Nexi Group, sheds light on this noteworthy trend and its implications for both consumers and merchants in Denmark, Sweden, Norway, and Finland. Dominance of Contactless

October 18, 2024

Enterprise Applications

Boosting Compliance with Dynamics 365 Finance’s Automated Audit Tools

Microsoft Dynamics 365 Finance introduces the Audit Workbench, a specialized tool aimed at revolutionizing the audit process by automating tasks, ensuring data accuracy, and meeting regulatory standards. The tool is poised to alleviate the burdensome and error-prone nature of traditional auditing, offering businesses a streamlined path to compliance and operational efficiency. By leveraging the capabilities of the Audit Workbench, organizations

October 18, 2024

Fintech Blockchain

Predicate Secures $7M to Simplify Blockchain Compliance and Integration

Blockchain technology continues to revolutionize industries, yet one of its most persistent challenges is integrating seamlessly with financial regulatory frameworks. Predicate, a promising startup launched by two former Celo alumni, has taken on the ambitious mission of simplifying this complex integration. Recently, they secured $7 million in funding from top venture capital firms like Tribe and 1kx, underscoring the critical

October 17, 2024