Fintech Valley Vizag

GFT and Thought Machine to Accelerate Digitization Initiatives That Will Power U.S. Banks' Future Growth

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Thursday, September 28, 2023

Now, global digital transformation company GFT and cloud-native banking technology company Thought Machine are equipping incumbent banks to thrive in the digital era.

Key Points:

Now, global digital transformation company GFT and cloud-native banking technology company Thought Machine are equipping incumbent banks to thrive in the digital era.
GFT and Thought Machine will continue working together to move banks away from legacy technology and towards truly cloud-native systems.
GFT and Thought Machine have achieved several initial milestones in their three-year partnership, including over 200 certifications, eight completed projects, and four GFT teams dedicated to delivering on joint projects with Thought Machine.
Through their global partnership, GFT and Thought Machine were pivotal in the build and implementation of Mox, the award-winning cloud-native, mobile-only digital banking arm of Standard Chartered in Hong Kong.

Global Fintech Fest 2023: Banks and Fintechs Should Explore Partnerships, Navigate Regulations, Leverage Technology For Industry Innovation

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Tuesday, September 5, 2023

"Fintechs in India are driving more inclusion and influencing India's financial ecosystem.

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"Fintechs in India are driving more inclusion and influencing India's financial ecosystem.
Sitharaman said, dwelling at length on the role of fintechs in building a global responsible financial ecosystem.
Speaking on how banks and fintechs innovate, Christine Tan (Jang) said, "Banks have infrastructure to provide API access to fintechs and collaborate to scale up their offerings.
The alliance between banks and fintechs is the direct access to the latest technology, usually delivered in the form of white labels to banks and financial services."

Sila Taps Checkout.com to Enhance Digital Wallet Experience

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Wednesday, July 26, 2023

API, Partnership, Fintech Valley Vizag, Checkout.com, Cryptocurrency, Online shopping, Sales

PORTLAND, Ore., July 26, 2023 /PRNewswire-PRWeb/ -- Sila, a leading provider of digital payment infrastructure, is delighted to announce its partnership with Checkout.com, a global payment solutions provider. The integration between these two industry leaders aims to revolutionize the digital wallet experience for Sila's clients by leveraging Checkout.com's advanced card acquiring capabilities and payout functionality.

Key Points:

The collaboration aims to enhance the digital wallet experience for Sila's clients by leveraging Checkout.com's advanced card acquiring capabilities and payout functionality.
The integration between these two industry leaders aims to revolutionize the digital wallet experience for Sila's clients by leveraging Checkout.com's advanced card acquiring capabilities and payout functionality.
The synergy between Sila and Checkout.com will greatly enhance the user experience for Sila's clients, streamlining the process of funding digital wallets and facilitating frictionless transactions.
Together, they are poised to revolutionize the digital wallet experience, delivering a comprehensive payment solution that meets the evolving needs of businesses and consumers alike.

Toast Selects FreedomPay as its Preferred Payments Partner for Global Enterprise Merchants

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Monday, June 12, 2023

Partnership, Senior, Fintech Valley Vizag, HITEC, Next, FreedomPay, Fastest, Restaurant, Management, Toast

Philadelphia, Pennsylvania, June 12, 2023 (GLOBE NEWSWIRE) -- FreedomPay , the world’s leading independent commerce platform and Toast, the all-in-one digital platform built for the entire restaurant community, signed a partnership agreement making FreedomPay Toast’s preferred payments gateway partner for select enterprise brands.

Key Points:

Philadelphia, Pennsylvania, June 12, 2023 (GLOBE NEWSWIRE) -- FreedomPay , the world’s leading independent commerce platform and Toast, the all-in-one digital platform built for the entire restaurant community, signed a partnership agreement making FreedomPay Toast’s preferred payments gateway partner for select enterprise brands.
Toast will be able to offer its cloud-based digital platform for restaurants to leading enterprise merchants in the U.S. and Canada who are on the award-winning FreedomPay Commerce Platform.
We look forward to partnering with FreedomPay as we drive our enterprise expansion.”
FreedomPay Senior Vice President, Sales & Digital Development Nate Ware added: “This exciting collaboration between FreedomPay and Toast delivers advanced capabilities to large merchants.
FreedomPay and Toast will be exhibiting together at HITEC in Toronto, June 26-29.

UAE Buy Now Pay Later Industry Outlook Report 2022-2027: Adoption of Cashless Society, Increasing Genz & Millennials Population Shifting Preference Towards Easy Interest Free Extra Credit - ResearchAndMarkets.com

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Tuesday, January 17, 2023

The "UAE Buy Now Pay Later Industry Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.

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The "UAE Buy Now Pay Later Industry Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.
Several startups and global BNPL players are offering their innovative products and deferred payment services for consumers in the UAE.
UAE BNPL Market Sizing on the basis of number of Number of transaction, revenue and average order value.
UAE BNPL Market Segmentation (By Mode of Payment, By Type of End User, By geography and by age group).

MoneyLion Wins “Best Financial Literacy Tool” and “Best API” at Benzinga’s 2022 Global Fintech Awards

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Wednesday, December 14, 2022

MoneyLion Inc. (MoneyLion) (NYSE: ML), the go-to destination for personalized financial content, products and advice, is proud to announce that it has been named Best Financial Literacy Tool at Benzingas 2022 Global Fintech Awards.

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MoneyLion Inc. (MoneyLion) (NYSE: ML), the go-to destination for personalized financial content, products and advice, is proud to announce that it has been named Best Financial Literacy Tool at Benzingas 2022 Global Fintech Awards.
With the MoneyLion app, users can view personalized financial content in short-form video format and receive personalized financial product recommendations such as loans, insurance and investing.
This technology powers both the MoneyLion Marketplace, in the MoneyLion app, as well as more than 1,000 enterprise partners.
In 2021, Even was selected as a listmaker for Best API and, in 2020, selected as a listmaker for both Best API and Best API Platform.

Community Financial Institutions are Moving Towards Hyper-Personalization in 2023

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Tuesday, December 13, 2022

The company predicts that in 2023, more community financial institutions will invest in their digital capabilities to create segment of one digital experiences for prospective and current members/customers that go beyond simple personalization and broad segmentation.

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The company predicts that in 2023, more community financial institutions will invest in their digital capabilities to create segment of one digital experiences for prospective and current members/customers that go beyond simple personalization and broad segmentation.
Work on hyper-personalizing the digital experience Although 76% of all member/customer interactions happen online, many community financial institutions have been struggling to humanize the digital experience.
), community financial institutions will increasingly be able to create experiences that speak specifically to the needs of a current or prospective member/customer at that moment in time.
When choosing the right AI technology, community financial institutions should: gauge their members/customers and institutions needs and set clear goals (e.g., increased efficiencies, better customer service, hyper-personalized member experience, etc.

Apex Fintech Solutions and Unifimoney Announce Partnership to Provide America’s Credit Unions and Community Banks with Digital Investment Solutions

Retrieved on:

Tuesday, December 13, 2022

Apex Fintech Solutions (Apex), the powerhouse enabling seamless access, frictionless investing, and scalable infrastructure for hundreds of leading fintech companies, today announced a partnership with Unifimoney Inc. ("Unifimoney") a multi asset digital wealth management platform for community banks and credit unions.

Key Points:

Apex Fintech Solutions (Apex), the powerhouse enabling seamless access, frictionless investing, and scalable infrastructure for hundreds of leading fintech companies, today announced a partnership with Unifimoney Inc. ("Unifimoney") a multi asset digital wealth management platform for community banks and credit unions.
Apex Clearing Corporation, a subsidiary of Apex Fintech Solutions, provides clearing and custody services to industry leading brokerages.
Community banks and credit unions are the backbone of the US economy, said Connor Coughlin, General Manager, Fintech, of Apex.
Apex works to ensure their partners succeed on the frontlines of the industry via bespoke custody & clearing, advisory, institutional, digital assets, and SaaS solutions through its Apex Clearing, Apex Pro, Apex Crypto, Apex Advisor Solutions, Apex Silver, and Apex CODA Markets brands.

Virtusa Sponsors FutureHack 2022 by Emirates NBD with AWS

Retrieved on:

Tuesday, December 13, 2022

FutureHack 2022 was powered by Virtusa's Open Innovation Platform (OIP) hosted on the recently launched AWS Middle East (UAE) Region.

Key Points:

FutureHack 2022 was powered by Virtusa's Open Innovation Platform (OIP) hosted on the recently launched AWS Middle East (UAE) Region.
The challenge statements provided by Emirates NBD were focused on Seamless Smart Payments, SME Simplified, and Monetizing Your Data.
The shortlisted teams presented a demo of their pitches to the judging panel from Emirates NBD, HackMasters, and Virtusa.
Hemant Julka, SVP Head of Fintech and Partnerships, Emirates NBD, added,"It was a great experience to work closely with Virtusa, AWS, and HackMasters, to make FutureHack 2022 a success, with participation from hackers across the globe.

Pylon Closes $8.5M Seed Round to Build the Embedded Mortgage Infrastructure Platform

Retrieved on:

Monday, December 5, 2022

Pylon , the embedded mortgage infrastructure platform, announced today that it has raised $8.5 million in seed funding, led by Conversion Capital with participation from Fifth Wall , Peter Thiel , QED Investors , Montage Ventures , and Village Global alongside angel investors from Ramp, Blend, Zillow, SoFi, and Figure.

Key Points:

Pylon , the embedded mortgage infrastructure platform, announced today that it has raised $8.5 million in seed funding, led by Conversion Capital with participation from Fifth Wall , Peter Thiel , QED Investors , Montage Ventures , and Village Global alongside angel investors from Ramp, Blend, Zillow, SoFi, and Figure.
The Pylon product drastically shifts the calculus to offer mortgages while providing a digitally-native experience from day 0.
Analogous to the banking-as-a-service industry with the rise of developer-first infrastructure, Pylon is building the rails to seamlessly integrate mortgage-as-a-service for its customers.
The Pylon platform unlocks enormous enterprise value and access to the largest asset class in North America.