Fintech: Page 17

The latest fintech news for banking professionals.


  • Ramp Cohere M&A
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    Permission granted by Ramp
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    Ramp acquires AI-powered Cohere

    The finance automation platform acquired the startup to help drive AI-powered projects and solve problems for its customers, it said. 

    By July 5, 2023
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images
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    Visa to acquire Pismo for $1B

    Visa said it has agreed to acquire the Brazilian company to provide more card issuing and banking services to fintechs and financial institutions.

    By Lynne Marek • June 29, 2023
  • An AI processor on a futuristic printed circuit board Explore the Trendline
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    da-kuk via Getty Images
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    Trendline

    Artificial intelligence

    Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

    By Banking Dive staff
  • A closeup of the BNP Paribas logo.
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    Pascal Le Segretain via Getty Images
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    BNP Paribas deal signals end to Orange’s challenger bank status

    The telecom company has taken more than €800 million in losses on its banking efforts since 2017, Bloomberg reported. Its CEO floated a strategy to invest more in cybersecurity and grow its core business in Africa.

    By June 29, 2023
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    Khanchit Khirisutchalual via Getty Images
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    Remittance fintech launches neobank

    Piermont Bank will provide the underlying banking services for Sendwave Pay, which offers users a debit card and reimbursements for international transaction fees when the card is used outside of the U.S.

    By June 28, 2023
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    Flickr; 401(K) 2012
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    Trendline

    The state of fraud and AML in banking

    The past year has been one of reckoning with regard to fraud — from TD’s $3 billion AML penalty to the continuing punitive phase connected to PPP misdeeds, crypto bankruptcies and pig butchering.