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Uptiq.AI Acquires Data Integration Company UpSwot 

Finovate

has acquired data integration startup UpSwot to enhance its AI Workbench capabilities and expand its applications for banks, fintechs, and wealth management firms. UpSwot was founded in 2019 to bring banks actionable insights derived from their commercial clients’ data. Enterprise AI platform Uptiq.AI “Uptiq.AI

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The Complete Guide to Merchant Services for Small Business Owners

Stax

This system guarantees secure data transmission between banks and card networks like Visa, Mastercard, and Discover. inventory, CRM, and accounting software). This bank account holds customer payments for 1 to 2 business days before transferring funds to your business bank account. POS systems and card readers.

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What is Click to Pay and How Does It Work?

Stax

The payment system was introduced in 2019 by the major card schemes, including Visa, American Express, Mastercard, and Discover in response to the demand for a more standardized, frictionless, and secure online payments regime. The original sensitive data is still secured and hidden in an external data bank.

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This Week in Fintech: TFT Bi-Weekly News Roundup 27/06

The Fintech Times

Appointments Atom bank , the UK app-based bank, appoints Gareth Jones as its new chief risk officer. He replaces Chris Sparks, who is retiring after nine years at the bank. Jones joins Atom bank from The Co-operative Bank , where he has worked for 26 years, most recently as chief risk officer.

FinTech 59
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UK Finance: Fraud is Down But Over £1billion is Still Stolen by Criminals – What’s Next for the UK?

The Fintech Times

However, in its latest report published today, the UK banking and financial services trade association announced that there was a four per cent decrease in the amount stolen to £1.17billion in 2023. One reason more users have been able to be reimbursed is due to the Contingent Reimbursement Model (CRM) Code launched in 2019.

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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

FICO

Tue, 07/02/2019 - 05:23. Telecom customers routinely highlight choppy subscription processes as a key driver of low net-promoter scores and non-renewals - both of which contribute to high churn rates. Instead, many have some basic treatment paths hard coded into their CRM, which can also take up to nine months to make changes. .

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Top 5 Analytics Posts for 2018: Optimization, AI and More

FICO

How are analytics helping banks accelerate their digital transformation, while keeping the customers at the center of their strategies? Currently, though, only about 20% of financial institutions are delivering more than basic personalization [Digital Banking Report/Everage]; clearly, there is still a significant gap to fill.

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