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dtcpay Taps Mastercard Move to Enhance Cross-Border Payment Access

Fintech News

Mastercard Move connects banks, non-bank financial institutions, and other payment providers to a network that spans over 200 countries, supports more than 150 currencies, and reaches nearly the entire banked population.

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Finance AI Chatbots for Businesses

The Finance Weekly

The integration of finance AI chatbots offers several benefits: Automating Repetitive Financial Tasks One of the best uses of finance AI chatbots is automating tasks like invoice generation, payroll processing, and transaction categorization. Cons May not suit non-CFO departments. Banking-specific large language model.

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QR Code and Instant Payments Drive Cambodia’s E-Commerce Surge

Fintech News

year-over-year (YoY), according to the National Bank of Cambodia (NBC). Wing Bank, TrueMoney among most used services for e-commerce payments Findings from the study featured in the Profitence report further underscore the rapid rise of digital payments and digital banking in Cambodia. million transactions in 2023, up 28.7%

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Uptiq.AI Acquires Data Integration Company UpSwot 

Finovate

has acquired data integration startup UpSwot to enhance its AI Workbench capabilities and expand its applications for banks, fintechs, and wealth management firms. UpSwot was founded in 2019 to bring banks actionable insights derived from their commercial clients’ data. Enterprise AI platform Uptiq.AI “Uptiq.AI

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Are Traditional Banks Keeping Up With Embedded Finance, or are They Falling Behind?

The Fintech Times

As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embedding payment processing, lending, insurance, and investment services directly into their platforms. The need for traditional banks to digitise has never been more apparent.

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How to Choose Between EFT vs ACH: A Comprehensive Guide

Stax

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. EFT is the umbrella term for all electronic transactions that transfer funds digitally between bank accounts using only bank account information. In this article, well help you do just that.

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Credit Card Merchant Services: What to Look for (and What Most Businesses Miss)

Stax

Features like same-day or next-day deposits can make a major difference when it comes to managing payroll, inventory, and day-to-day expenses. Interchange fees are the base fees charged by card-issuing banks to process a transaction. These vary based on card type, transaction volume, and risk level.