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UK Launching Platform to Boost Business Trust in AI
UK Launching Platform to Boost Business Trust in AI
November 06, 2024  |  artificial intelligence

The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread....

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  VISA

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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Square Card Enters UK Amid Small Businesses Cash Flow Worries
Square Card Enters UK Amid Small Businesses Cash Flow Worries
October 31, 2024  |  Payment Methods

Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder...

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SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
October 23, 2024  |  artificial intelligence

European tech leaders warn against stifling AI innovation as SAP’s CEO pushes back on European Union regulations. At the same time, the FDA rolls out...

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Mastercard to Begin Rollout of Real-Time Card Payments in South Africa
Mastercard to Begin Rollout of Real-Time Card Payments in South Africa
October 08, 2024  |  Real-Time Payments

Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card...

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TerraPay and Fabrick Team to Further European Cross-Border Payments
TerraPay and Fabrick Team to Further European Cross-Border Payments
October 08, 2024  |  Partnerships

Italy-based open finance company Fabrick has launched a collaboration with money movement firm TerraPay. Initially focused on Fabrick’s home country, the partnership gives businesses access to a platform...

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European Investment Bank Aims to Provide Greater Support to Startups
European Investment Bank Aims to Provide Greater Support to Startups
October 07, 2024  |  Startups

The European Investment Bank (EIB) said Monday (Oct. 7) that European Union (EU) finance ministers have welcomed its Action Plan to deepen the region’s capital markets...

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Open Banking Provider TrueLayer Raises $50 Million to Grow European Network
Open Banking Provider TrueLayer Raises $50 Million to Grow European Network
October 04, 2024  |  Investments

TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently...

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HSBC and Tradeshift Target B2B Embedded Lending Opportunity With New Venture
HSBC and Tradeshift Target B2B Embedded Lending Opportunity With New Venture
October 03, 2024  |  Alternative Finances

HSBC has launched an embedded finance venture aimed at its business clients. SemFi is a joint venture between HSBC and B2B global trade network Tradeshift, designed to...

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