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Finance AI Chatbots for Businesses

The Finance Weekly

Finance Artificial Intelligence (A)I chatbots are reshaping how businesses handle customer interactions and streamline financial operations. What Are Finance AI Chatbots? 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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Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees

Fintech Finance

trillion across countries annually—around a quarter of global GDP—at an estimated cost of $120 billion in transaction fees annually. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally. Global corporations move $23.5

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Payment orchestration: Beyond transaction routing

The Payments Association

Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment service providers (PSPs). However, in todays increasingly complex digital commerce landscape, the scope of payment orchestration has expanded far beyond mere transaction routing.

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No Transaction Fees for Payments Of £10 Or Less For SumUp One Subscribers

Fintech Finance

Global fintech SumUp is pleased to announce that businesses signed up to the SumUp One multi-product subscription offering will no longer pay transaction fees on payments of £10 or less. However, innovators like SumUp have disrupted this by reforming card payment and acceptance in 36 countries by offering lower transaction fees.

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Introducing Adyen Uplift: The Payment Solution Optimizing Every Transaction With AI

Fintech Finance

AI-powered payment optimizations bundled in a single product suite are trained on Adyens global transaction dataset. Adyens AI selects the best routes with the best rates for transactions to help minimize total cost of payment. Thanks to Adyen Uplift, businesses can optimize the full payments funnel with AI.

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Kenyan Fintech Leja Processes $2 Billion in Business Transactions in 2024

Fintech Finance

This milestone reflects a 30% month-over-month growth rate and a cumulative 300% increase in B2B transactions within a year. These sectors have traditionally faced challenges accessing affordable credit and managing high transaction fees that cut into profit margins.

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Viably Partners with Airwallex to Provide Multi-Currency Accounts and Cross-Border Transactions for Ecommerce Businesses

Fintech Finance

The partnership brings Airwallex’s global payments and financial operating capabilities into the Viably ecommerce financial platform, allowing businesses to simplify cross-border transactions and management of multiple currencies in a single account.