digital transformation

Colendi Gets Approval to Launch Digital Bank in Turkey
Colendi Gets Approval to Launch Digital Bank in Turkey
August 21, 2023  |  Digital Banking

Turkish FinTech Colendi says it’s set to launch the country’s first digital deposit bank. That announcement came Monday (Aug. 21), after Colendi received approval from the Turkish Banking Regulation...

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India Uses AI to Bring Voice-Activated Mobile Payments
India Uses AI to Bring Voice-Activated Mobile Payments
August 20, 2023  |  artificial intelligence

India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while...

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Colombia Central Bank Backs Spending Limits on Retail CBDCs 
Colombia Central Bank Backs Spending Limits on Retail CBDCs 
August 18, 2023  |  CBDC

The push toward central bank digital currencies seems an inexorable one. But among the issues that remain to be sorted out are the parameters of...

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Putting the ‘AI’ in Retail Could Give Firms Next-Generation Wins
Putting the ‘AI’ in Retail Could Give Firms Next-Generation Wins
August 18, 2023  |  Artificial Intelligence

Perhaps no industry has been upended more by the world’s ongoing digital transformation than retail. Walmart said on a Thursday (Aug. 17) earnings call discussing...

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Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
Consumers Love Mobile Wallet Bill Pay but Extra Fees May Halt Further Adoption
August 18, 2023  |  Mobile Wallets

Half of consumers won’t pay bills with mobile wallets if they must pay extra. Mobile wallet use for bill pay is growing across age demographics, with...

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AP Automation and ‘Taking a Breath’ Are Key Defenses Against Payments Fraud
AP Automation and ‘Taking a Breath’ Are Key Defenses Against Payments Fraud
August 17, 2023  |  Security & Fraud

Check fraud is running rampant. In an interview with PYMNTS, Finexio Chief Commercial Officer Bill Fox and EverC Vice President Melissa Sutherland said many companies in the battle against fraudsters can...

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JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive Norms
JPMorgan: Embedded Payments Build New Business Models That Challenge Competitive Norms
August 17, 2023  |  Payment Methods

In the darkest days of the pandemic, businesses scrambled to confront supply chain pressures and meet consumers on their mobile devices. The changes felt temporary...

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Aleph Launches Dedicated Unit for Cross-Border Payments and Credit Underwriting
Aleph Launches Dedicated Unit for Cross-Border Payments and Credit Underwriting
August 16, 2023  |  Cross-border Payments

Aleph, a global enabler of digital advertising, has launched Aleph Payments, a dedicated unit aimed at simplifying cross-border payments and credit underwriting. This move comes as...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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