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Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Fintech Finance

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. Large clearing banks can extend the service to their institutional customers with minimal changes to their current processes.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

How fintechs are challenging traditional banks in the merchant services space, posing a threat to banks’ core business and revenue streams. The shift driven by fintechs could erode banks’ dominance, forcing them to modernise or risk losing a significant share of the market. What is this article about?

FinTech 88
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Mastercard to Supercharge Small Business Operations Through New Innovative Platform

Fintech Finance

Bringing digital solutions to small businesses through the power of partnership Small business fintech platform Hello Alice will collaborate with Mastercard on the initial roll out of Mastercard Biz360 to select small businesses across their U.S. 2 “Mastercard believes that the stronger the small business, the stronger the community.

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Can Financial Institutions Keep Up with the $33 Billion Fraud Surge?

Finextra

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023.

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5 Key Trends Shaping Fintech in India, According to PwC

Fintech News

Despite facing funding challenges and navigating complex market conditions, the fintech sector in India continues to grow and evolve, with several emerging fintech trends in India poised to shape the future of the industry.

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What is Embedded Finance and Embedded Fintech?

Stax

And it’s all thanks to embedded finance and embedded fintech. In this article, we’re going to look at what embedded finance and embedded fintech are, the different types, their advantages, challenges, and future opportunities. Many people will think embedded finance and embedded fintech are synonymous.

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Banks Embrace Cloud, AI to Innovate and Tap Partnership Opportunities

Fintech News

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

AI 109