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Singapore Fintech Finmo Expands into UK with New Payment License

Fintech News

Singaporean fintech firm Finmo has received authorisation from the UK Financial Conduct Authority to operate as an Electronic Money Institution (EMI), allowing it to provide payment and treasury services in the country. Its platform features MO AI , a conversational assistant embedded within its intelligent treasury system.

FinTech 99
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Deutsche Bank, Ant to Improve Payment and FX Services for Businesses

Fintech News

Deutsche Bank will become the first German bank to connect with Ant International’s blockchain-based real-time treasury management platform, enabling real-time fund transfers between Ant’s group entities and supporting more efficient and transparent treasury operations.

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Finmo Secures UK EMI Licence and Plans to Scale Embedded Finance Solutions

The Fintech Times

With its new EMI licence, Finmo can now issue electronic money and offer a range of new payment services, including account issuance, domestic and cross-border fund transfers, and foreign exchange transactions.

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Deutsche Bank and Ant International Announce Strategic Partnership to Provide Integrated Cross-Border Payment Solutions to Global Merchants

Fintech Finance

The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasury management and cross-border payment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model. This will enable more efficient and transparent global treasury management for Ant.

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PayDo Releases Team Members Feature for Business Accounts

Fintech Finance

Approval Workflows : Enable junior team members to request fund transfers that require review and approval by senior staff. Real-World Use Case Imagine a large eCommerce business with separate teams handling customer support, vendor payouts, and treasury operations.

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Deutsche Bank and Ant International Partner to Expand Payment Services Across Europe and Asia

The Fintech Times

Now, Deutsche Bank will be the first German bank to facilitate Ant International’s blockchain-based real-time treasury management platform to enable real-time fund transfers between Ant International’s intragroup entities. This will enable more efficient and transparent global treasury management for Ant.

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Deus X Pay Unveils NeXus: Instant, Zero-Cost Cross-Border Transfers

Fintech Finance

NeXus eliminates these pain points by offering a real-time transfer network , ensuring immediate and frictionless fund movements between Deus X Pay clients. With this innovative solution, businesses can enhance their financial operations and treasury management.