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Money Management

Heymax-Visa Campaign Fuels Digital Payments and Sustainable Travel in SG
Digital Lending / Digital Payments
Heymax-Visa Campaign Fuels Digital Payments and Sustainable Travel in SG

The recent collaboration between Heymax, a travel rewards and personal finance platform, and Visa has created waves in Singapore’s digital payments landscape. This campaign successfully promoted both digital payments and sustainable transportation, marking significant achievements in transaction volumes, user engagement, and environmental impact. The Success of the Heymax-Visa Campaign Remarkable Increase in Transactions The Heymax-Visa campaign catalyzed a substantial rise

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Cohora Raises $2.5M to Enhance Customer Engagement and Growth
Digital Marketing
Cohora Raises $2.5M to Enhance Customer Engagement and Growth

Cohora, a leading platform specializing in customer activation and engagement, has successfully raised an additional $2.5 million in seed funding. This investment round was led by Volition Capital and PJC, fueling Cohora’s ambitions to drive the next phase of its growth. The infusion of capital will play a crucial role in expanding the company’s capabilities, sharpening its competitive edge, and

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Can Integrated Banking Solutions Redefine the Future of Finance?
Digital Lending / Digital Payments
Can Integrated Banking Solutions Redefine the Future of Finance?

The banking industry is witnessing a significant transformation that transcends the typical competition between traditional banks and challenger/neobanks. Businesses demand an integrated banking experience that offers enhanced speed, security, flexibility, and functionality. Innovations in consumer banking are becoming equally crucial in the B2B sector. The Bank of International Settlements’ Committee on Payments and Market Infrastructure and the G20 are actively

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Sigo Seguros Raises $10.5M to Expand Inclusive Car Insurance Services
FinTech Insurance
Sigo Seguros Raises $10.5M to Expand Inclusive Car Insurance Services

Sigo Seguros, an innovative startup in the InsurTech sector, has successfully secured $10.5 million in a Series A funding round. Founded in 2018 in Austin, Texas, this company focuses on delivering accessible car insurance services to underserved communities, including immigrants and working-class individuals. This latest financial leap positions Sigo Seguros to accelerate its expansion and enhance its product offerings, reinforcing

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AWS Partners with PT Krom Bank Indonesia to Enhance Digital Banking Solutions
Digital Lending / Digital Payments
AWS Partners with PT Krom Bank Indonesia to Enhance Digital Banking Solutions

The partnership between Amazon Web Services (AWS) and PT Krom Bank Indonesia marks a significant advancement for digital banking in Indonesia. As financial inclusion becomes a priority in the region, this collaboration aims to bridge the gap for underbanked and unbanked populations by leveraging cutting-edge cloud technology. AWS’s robust infrastructure will allow Krom Bank to provide a range of digital

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Can NetNow Transform B2B Credit Management with Automation and AI?
Digital Lending / Digital Payments
Can NetNow Transform B2B Credit Management with Automation and AI?

In the fast-paced world of business, efficient credit management can be a game-changer. With the advent of NetNow, an innovative trade credit automation platform, the landscape of B2B credit management is on the brink of a revolutionary transformation. Spearheaded by a recent influx of $1.8 million in pre-seed funding, NetNow sets its sights on streamlining the credit and collections processes

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Wise Platform Partners with AbbeyCross for Faster, Transparent FX Payments
Digital Lending / Digital Payments
Wise Platform Partners with AbbeyCross for Faster, Transparent FX Payments

Wise Platform and AbbeyCross have announced a significant partnership aimed at enhancing connectivity and rates in foreign exchange (FX) payments, a move that holds promise for the future of international financial transactions. By combining Wise’s renowned cross-border payment technology with AbbeyCross’s comprehensive platform, this collaboration is set to deliver faster, more transparent FX payment rates, particularly benefiting emerging markets. Introduction

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DoJ Provides $18.5M in Latest Compensation for Western Union Fraud Victims
Cyber Security
DoJ Provides $18.5M in Latest Compensation for Western Union Fraud Victims

The U.S. Department of Justice (DoJ) has initiated a new round of reimbursements, distributing $18.5 million to individuals defrauded via Western Union services. This is part of an ongoing effort to address the financial damages inflicted by widespread scams facilitated by the money transfer service. The Scope of Western Union Fraud Nature and Impact of the Fraud Fraudulent activities exploiting

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VanEck Shuts Down Ethereum Futures ETF Amid Investor Shift to Spot Funds
Fintech Blockchain
VanEck Shuts Down Ethereum Futures ETF Amid Investor Shift to Spot Funds

VanEck has recently announced its decision to shutter the Ethereum Strategy ETF (EFUT), a futures-based Ethereum exchange-traded fund, due to insufficient investor demand. The closure is scheduled to take place on September 16, with the liquidation and return of assets completing by September 23. According to the announcement, various factors contributed to this decision, including the product’s performance, liquidity, assets

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Navigating AI Advances and Ethical Practices in Public Finance
Robotic Process Automation In Fintech
Navigating AI Advances and Ethical Practices in Public Finance

Artificial intelligence is reshaping industries across the globe, and public finance is no exception. The technology offers unprecedented opportunities to enhance efficiency, streamline decision-making processes, and bolster accountability. The promise of AI in public finance includes automating mundane tasks, gleaning insights from extensive datasets, and simulating complex financial determinations. However, the integration of AI into public finance is not without

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Is Latin America’s FinTech Sector on the Brink of Strategic Evolution?
Digital Wealth Management
Is Latin America’s FinTech Sector on the Brink of Strategic Evolution?

In Q2 2024, Latin America’s FinTech sector experienced a notable contraction in funding and investment activity. This trend reflects a broader shift within the global financial technology sector, with a reduction in both the number and scale of deals. Despite these challenges, strategic investments and the evolving landscape indicate a potential for significant transformation and growth. The Downturn in Funding

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How Is FlapKap Transforming SME Financing in the MENA Region?
Digital Wealth Management
How Is FlapKap Transforming SME Financing in the MENA Region?

The financial landscape for small and medium-sized enterprises (SMEs) in the MENA region is undergoing a significant transformation, thanks largely to FlapKap. This Abu Dhabi-based FinTech company is revolutionizing SME financing by leveraging data and technology, and its recent $34 million pre-Series A funding round is a testament to its impact. The new capital injection is expected to accelerate their

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