Bank

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  • December 7, 2021
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Banking is undergoing a huge transformation and how debt collections operations engage customers is becoming a big issue, especially with things like BNPL schemes. Hundreds of billions of dollars have been invested in the last few years digitalizing financial and other services, but debt collections operations remain very manual and archaic resulting in frustration for […]
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  • December 7, 2021
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A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population in the second half of next year. A consortium led […]
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  • December 3, 2021
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First, everyone was talking about “Squid Game,” the Korean psychological thriller that became Netflix’s biggest series launch ever, with 142 million viewers. Now, everyone’s talking about YouTuber MrBeast’s recreation of the show’s titular fight-to-the-death, which racked up 142 million views in eight days. (Don’t worry, no one was killed). Jimmy Donaldson (MrBeast), the 23-year-old who […]
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  • November 22, 2021
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On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the most popular and most-watched reality show in Africa, raking in impressive numbers in terms of money and viewership. The “Big […]
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  • November 19, 2021
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U.S. financial regulators have approved a new rule that requires banking organizations to report any “significant” cybersecurity incident within 36 hours of discovery.  Under the rule, banks must inform their primary federal regulator about incidents that have — or are reasonably likely to materially affect — the viability of their operations, their ability to deliver […]
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  • November 17, 2021
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E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses the opportunity to provide cross-border financial services — has been seeing a massive surge of activity. To capitalize further on that opportunity, today the company is […]
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  • November 7, 2021
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H2O.ai — a startup that has developed an open-source framework as well as proprietary apps that make it easier for any kind of enterprise to build and operate artificial intelligence-based services — has seen a surge of interest as AI applications have become more ubiquitous, and enterprises beyond tech companies want to get in on […]
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  • October 19, 2021
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[ad_1] SOC Prime, a Boston-based early-stage startup that claims to have constructed the world’s largest threat detection market, has secured $11 million in Series A funding....