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Modern Treasury and Brico Partner to Transform Payment Operations Through Automated Licensing

Fintech Finance

Modern Treasury , the leading payment operations platform built for the Instant Economy, and Brico , the first automated financial licensing platform, announced a partnership to accelerate the shift to embedded payments. According to Juniper Research , embedded payments’ global transaction value will increase 134% by 2028, up from $1.1

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Slow Onboarding Drives Client Losses in Singapore’s Banks

Fintech News

Singapores banking sector is facing an unprecedented challenge as client attrition due to slow and inefficient onboarding practices has reached record levels, according to new research by Fenergo. On the other hand, those leveraging automation and AI can transform KYC and onboarding from mere compliance tasks into strategic advantages.

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Payrails raises $32 million

Finextra

Founded by former executives from Stripe, Miro and Delivery Hero, Payrails offers a payment operating system purpose-built for enterprises with a modular architecture that includes payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently launched in-person payments.

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Finance AI Chatbots for Businesses

The Finance Weekly

In fact, research shows that chatbots can cut call, chat, and email inquiries by up to 70%, while also boosting customer satisfaction and saving about 33% per voice engagement. At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support.

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Recruitment Payroll Teams Lose 1.5 Working Days Each Week Due to Technology Inefficiencies, Research Reveals

Fintech Finance

Manual processes are also the source of much frustration among temporary recruitment professionals: nearly half (48%) expressed annoyance over excessive manual tasks due to a lack of automation. Working Days Each Week Due to Technology Inefficiencies, Research Reveals appeared first on FF News | Fintech Finance. .”

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Young People Call For Personalisation But Don’t Trust Banks With Their Data, Finds New Research

The Fintech Times

While the concept of personalisation remains popular, new research reveals that young people’s trust in how banks and other financial institutions use their personal data is low, highlighting a major challenge for the financial industry to overcome. This reflects a nationwide trend: according to Which?

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SonicWall: SMBs Suffer as AI Automation Tools Lower Barriers to Entry for Cyberattacks

The Fintech Times

SMBs are facing a storm of cyber threats, as attackers leverage automation, AI, and advanced evasion techniques to evade traditional defences. In fact, AI automation tools are lowering barriers for entry, while increasing attack complexity.