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Reap Gets In-Principle Approval for Singapore Payment License

Fintech News

Founded in 2018 in Hong Kong, Reap offers payment technology solutions, including corporate cards, payout systems, and expense management tools. The companys APIs enable businesses to embed financial services into their products, from issuing Visa cards to facilitating cross-border transactions.

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Chargebacks: A Survival Guide

Cardfellow

The burden of proof to show that a customer has been rightfully charged falls on you, and when consumers successfully dispute charges, you lose both the product sold and the revenue from that sale. If any products were delivered, you will have to accept the loss of that good or service as well. The individual codes are: 10.1:

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Hawk Raises $56 Million in Series C Funding to Help Banks Fight Financial Crime

Finovate

The investment will fuel product innovation for the Munich, Germany-based fintech, as well as power the company’s expansion plans. The company was founded in 2018. Hawk’s latest investment will help bring continued product innovation to these firms, as well as support the company’s expansion plans.

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Bank of America Puts $4billion Towards New Tech Initiatives as it Reflects on Success of AI

The Fintech Times

As AI continues to be utilised in new ways, Bank of America is ensuring its approach to the tech includes human oversight, transparency, and accountability for all outcomes. This has been the case since 2018, when Bank of America launched Erica, an AI-driven virtual financial assistant, within its mobile app.

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

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UnaCash: One in Four Filipinos Have Used Buy Now, Pay Later Services; Unique Users Rose to 28.4 Million in 2024

Fintech Finance

The Buy Now, Pay Later (BNPL) market in the Philippines has seen significant growth in terms of unique users, with at least one out of four Filipinos having tried the service at least once between 2018 until the end of 2024. New insights from UnaCash reveal that 28.4 million unique users tallied in 2023.

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AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

In banking, early adopters say GenAI is already improving employee productivity and customer experience. The past year has seen rapid adoption of generative AI (like chatbots and assistants), as well as continued gains from predictive models in fraud detection and credit.

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.