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Latest news - Finextra Research
According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November. 09 October 2024.
What Is Merchant Acquiring? The Ultimate Guide - Finextra Research
Oct 19, 2022 — The merchant acquiring bank is the backbone of it all. Merchant acquiring banks are financial institutions that provide merchants with the ability to accept card payments (credit and debit cards ...
What the hell is Banking as a Service? And what is it not?
Mar 30, 2021 — The best way to explain Banking as a Service is by means of an example. Imagine for a moment that you are the manager of an airline. You are facing stark competition and you would like to ...
What are instant payments? Understanding real-time payment rails
Dec 18, 2023 — In the EU, all euro real-time payments are based on SEPA’s Instant Credit Transfer scheme (SCT Inst), which launched in November 2017. By June 2023, 15.4% of all SEPA Credit Transfer ...
Welcome to BloombergGPT, a large-scale language model built …
Apr 6, 2023 — Market data giant Bloomberg is set to capitalise on the craze for all things AI by building a 50-billion parameter large language model for finance, dubbed BloombergGPT.
London Stock Exchange completes acquisition of Refinitiv
Jan 29, 2021 — Further to the announcement on 28 January 2021, London Stock Exchange Group plc (“LSEG” or the “Company”) confirms that its all-share acquisition of Refinitiv (the “Transaction”) has ...
Mastercard - News, Articles & Research - Finextra
Feb 26, 2008 — Mastercard agrees $2.65bn deal to buy threat intelligence giant Recorded Future. Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight ...
Starting a Digital Bank – What Does it Take? - Finextra Research
Nov 30, 2021 — Figure 1: A standard timeline for launching a digital bank. Step 1: Developing a Business Model (1 – 3 months) The first step in this process is to come up with a robust business model that will ...
FOMO Pay secures $13 million in Series A investment round
Aug 18, 2022 — FOMO Pay, the Singapore-headquartered major payment institution that enables the digital economy with global virtual banking solutions for financial institutions and enterprises, today announced ...