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Evolve Payment: The Safety of Cash Management

Evolve Payment

Cash: Navigating Safety in the Cannabis Industry The burgeoning cannabis industry presents a unique challenge when it comes to payment processing: striking a balance between safety, security, and regulatory compliance. The High Stakes of Cash Management Cash transactions have long been the standard in various industries.

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Partior Closes Series B at US$80 Million with Deutsche Bank Investment

Fintech News

Morgan, Standard Chartered, and Temasek, Partior uses blockchain technology to enable real-time clearing and settlement. Patricia Sullivan “The payments business is currently undergoing an extensive period of disruption, primarily due to the rapid advancement of technology and drive for greater financial inclusion and transparency.

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BofA’s CashPro® App Will Surpass a Record $1 Trillion in Payment Approvals for the Year

Fintech Finance

By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the banks CashPro App, the mobile application that companies use to manage their treasury operations. 1] Lauren Hobbs, Cash Management Manager at the energy infrastructure company Sempra, is a CashPro super user.

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The Journey of Payments and Clearing Systems in India

Finextra

Clearing houses, often managed by the RBI or lead banks, facilitated the physical exchange and settlement of cheques. Introduction of MICR Cheques (1980s): Magnetic Ink Character Recognition (MICR) technology was introduced for faster and more accurate processing of cheques, reducing manual intervention.

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Deutsche Bank Partners with Silverflow to Redefine Card Acquiring and Digital Payments in Europe

Fintech Finance

Deutsche Bank acts as the acquirer plus optional PSP & cash management services, allowing merchants to tailor transaction costs, settlement timing, and risk parameters to their needs. Silverflow’s API-first, cloud-based platform enables flexible card acquiring and individual BIN setups.

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The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

Banks must invest in modern, flexible technology and potentially partner with fintechs to remain competitive and retain their merchant relationships. Banks should continue to address barriers such as consumer expectations and the need for technology expertise to maintain their competitive edge. What’s next?

FinTech 88
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Deutsche Bank, Ant to Improve Payment and FX Services for Businesses

Fintech News

The agreement combines Deutsche Bank’s global network with Ant International’s digital payment technologies. Kelvin Li Kelvin Li, General Manager of Platform Tech at Ant International, said, “With a dynamic fintech landscape, Europe is fast-becoming a key hub for global digital payment innovation.