Financial News

Generative AI is Helping to Advance Embedded Finance

Generative AI is Helping to Advance Embedded Finance

In the ever-evolving landscape of finance, Artificial Intelligence (AI) continues to redefine traditional lending practices. Embedded lending, a groundbreaking approach that seamlessly integrates financial services into non-financial platforms, holds immense potential for revolutionizing the borrowing experience. At the forefront of this transformative shift lies generative AI, a powerful technology that leverages advanced algorithms to generate […]

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JP Morgan Unveils B2B Payments Partner Marketplace

JP Morgan Unveils B2B Payments Partner Marketplace

JP Morgan, one of the world’s leading banking giants, has taken a significant stride towards providing its business clients with enhanced access to its massive $9.6 trillion payments network. Recently, on June 1, the company unveiled its innovative Payments Partner Network, an advanced digital platform built on Salesforce technology. This article analyzes the JP Morgan

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Inflation and Merchant Account

How Inflation Affects Your Merchant Account as a Business Owner

As an ecommerce business owner, your merchant account plays a crucial role in processing payments and facilitating purchases for your customers. However, high inflation rates can significantly impact your merchant account and fees in ways that impact your business’s bottom line. Understanding inflation and merchant accounts is important for financial planning and ensuring you keep

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Gen Z Focused Payment Options

Gen Z Focused Payment Options and Technology Trends

As Gen Z becomes the largest demographic in the workforce, they are reshaping the way we think about payments and financial technology. This generation has grown up with mobile devices and instant gratification, and they expect the same level of convenience in their financial transactions. This article will explore the gen Z focused payment options

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Embedded Finance Trends for 2023

Embedded Finance Trends for 2023: Navigating the Future of Financial Services

Embedded finance has emerged as one of the most significant trends in the financial services industry in recent years. It refers to the integration of financial products and services into non-financial applications and platforms, such as e-commerce sites, social media, and messaging apps. By offering seamless, personalized, and context-specific financial services, embedded finance has the

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Top DeFi Trends for 2023

Top DeFi Trends for 2023, 2024, and Beyond

DeFi stands for decentralized finance. In the past year, we’ve seen an explosion of new DeFi projects and initiatives launched worldwide. These DeFi trends aren’t something that will go away anytime soon. We are now entering peak DeFi – a decentralized financial ecosystem is now widely recognized as inevitable and imminent. The global financial crisis

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JPMorgan

Mastercard and JPMorgan Launch Pay By Bank-Streamlining ACH Payment

In the world of payments, the need for efficiency is greater than ever. Transactions, where someone hands a cashier a bill and receives change, are not only slow, but they’re also expensive. That’s why more businesses are adopting digital payments as an alternative to cash, cards, and coins. Between mobile wallets like Apple Pay, Google

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fintech trends

Top Fintech Trends to Watch in 2022

Financial technology companies develop an extensive range of complex and innovative algorithms and software. These are developed with the intention to simplify and support economic activities. The growth of these companies is essential for the growth of the economy. Top fintech trends in 2022 will decide the future of the market. Each trend will have

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finserv acquires bentobox for better payment experience in restaurants

Fiserv Acquired BentoBox – Restaurant Tech Update

The race to provide POS-centric solutions to restaurants’ digital needs is accelerating. Getting ahead in this race, Fiserv came out with the announcement that it acquired a growing restaurant marketing and commerce platform called BentoBox. Fiserv has already signed an agreement and it aims to integrate BentoBox technology into its Clover restaurant technology solutions. This

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Hot Fintech Trends Emerging from the Pandemic

Hot Fintech Trends Emerging from the Pandemic [2023 Update]

The pandemic has been harsh on our financial infrastructure and has brought sea changes in the fintech industry. Fintech companies started coming to the forefront since the previous year, helping to shape digital payments. In the previous year, people have taken to online shopping in large numbers, and today, almost every buyer is looking for

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CFPB Files Lawsuits Against Student Loan Debt Relief Firms

This week, the Consumer Financial Protection Bureau (CFPB), a consumer protection agency created by the Dodd-Frank Act of 2010, has filed lawsuits against a number of people and companies involved in student loan debt relief services. According to the CFPB, these companies illegally obtained consumer reports, charged illegal advance fees for services, and engaged in

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Planned Fee Schedule Limits Access to Free ATM Cash Withdrawals in the UK

For many British consumers, using the ATM at their local convenience stores, which are colloquially known as corner shops, is the best way to access bank funds for free. The traditional arrangement consists of banks paying interchange fees to ATM operators; thus allowing account holders to enjoy free cash withdrawals they usually spend at the

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A Digital Version of the Dollar Will Take Longer Than Expected

In the world of cryptocurrencies, Bitcoin is the leading token in terms of circulation, but this has a lot to do with being the most valuable digital asset, which means that most transactions are related to speculative trading and investing. Ripple, a centralized digital currency that trades under the symbol XRP, gets more circulation than

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