American Express Settles Deceptive Sales Case with $230 Million Fine
Credit Card Giant Agrees to Pay $230 Million to Resolve Allegations of Misleading Small Business Customers
Highlights:$230 Million Settlement: American Express agrees to pay...
Half of UK BNPL Users Unaware of Late Fees, Study Finds
Research Reveals Lack of Awareness Among UK Buy Now, Pay Later Users About Late Payment FeesHighlights:Low awareness: Only 52% of BNPL users in...
Google Fund Leads $3M Seed Round for KYB Verification Startup Arva AI
Google's Gradient Fund Invests in Arva AI to Automate Compliance Processes for Banks and FintechsHighlights:$3 million seed round: Led by Google's Gradient Fund,...
Stablecoins Could Rival Cards – Fed Payments Expert
Federal Reserve Expert Predicts Stablecoins May Challenge Traditional Payment Methods
Highlights:Stablecoins now valued at over $200 billion
Retailers like Overstock and Chipotle accept stablecoins
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Nevermined Raises $4M to Build ‘PayPal for AI’
Startup Aims to Revolutionize AI-Commerce with Dynamic Payment Infrastructure
Highlights:$4 million funding round led by Generative Ventures
Developing dynamic payment infrastructure for AI-to-AI transactions
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Paragon Bank Selects Alfa to Replace Legacy Systems for SME Lending
Paragon Bank Partners with Alfa for SME Lending TransformationHighlights:Modernization: Paragon Bank replaces legacy systems with Alfa Systems for SME lending.
Efficiency: Streamlines end-to-end...
AccountsIQ Acquires ExpenseIn
AccountsIQ Expands Capabilities with ExpenseIn AcquisitionHighlights:Expanded Capabilities: AccountsIQ integrates ExpenseIn's advanced expense management features.
Global Reach: The combined user base now spans over...
Nubank México Partners Oxxo for Cash Withdrawals and Deposits
Nubank Expands Cash Network in Mexico with Oxxo PartnershipHighlights:Expanded Access: Over 9 million Nu customers in Mexico gain access to Oxxo’s 22,000+ stores.
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Clearwater to Acquire Enfusion for $1.5 Billion
Expanding Investment Management Platform with Unified Front-to-Back Capabilities
Highlights:$1.5 billion acquisition by Clearwater Analytics.
Integration of Enfusion’s front-office capabilities with Clearwater’s middle and back-office...
