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January and February are typically peak months for chargebacks, as most disputes occur 45 to 60 days post-purchase, although cardholders usually have up to 120 days after a purchase to make a chargeback claim, depending on the card network. Most chargebacks stem from avoidable issues like late shipments or buyers remorse.
The post Revolut Posts US$1 Billion Profit for 2024, Singapore Marks Profitability Milestone appeared first on Fintech Singapore. .” Looking ahead, Revolut plans to formally launch its bank in the UK and Mexico in 2025, while seeking over 10 new global licenses and expanding services into markets like India and Brazil.
The DOJ memo to the Federal Reserve and Office of the Comptroller of the […] The post Capital One-Discover deal waved ahead by antitrust officials appeared first on Bank Automation News. The proposed $35 billion merger between Capital One Financial Corp.
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Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
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The platform, dubbed Maestro, knows how to seamlessly orchestrate agents, robots and people, all at scale, Taqi Jaffrey, senior director of product management at UiPath, said […] The post UiPaths agentic AI platform could streamline FI workflows appeared first on Bank Automation News.
Featured image credit: Edited from Freepik The post India in Talks to Forge New Cross-Border Payment Linkages, Says RBI appeared first on Fintech Singapore. India’s efforts signal its growing influence in shaping the global financial ecosystem, particularly through innovations in payment infrastructure and digital currency frameworks.
In a company blog post announcement, Plaid CEO and Co-Founder Zach Perret said that the funds will be used “to address employee tax withholding obligations related to the conversion of expiring restricted stock units (RSUs) to shares, and to offer some liquidity to our current team.”
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Built on generative AI and large language models, agentic AI is able to make decisions, unlike previous AI technology, which […] The post 52% of execs say they plan to use agents appeared first on Bank Automation News.
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Tech provider Q1 earnings Global Payments expands with Worldpay Payments solutions provider Global Payments today posted $2.2 billion in Merchant Solutions revenues, […] The post Fiserv, Global Payments, FIS tap M&A for growth appeared first on Bank Automation News. billion in adjusted net revenues, up 1% from Q1 2024.
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The post FOMO Pay Adds Vietnam to Cross-Border Network with Launch of VND Accounts appeared first on Fintech Singapore. The company facilitates business-to-business fund transfers across more than 100 countries and continues to grow its local payment network in key markets across Southeast Asia and beyond.
The bank is committed to disrupting the industry with […] The post Ally Financial invests in new gen AI use cases appeared first on Bank Automation News. Digital-first Ally is focused on continued investment in new products to enhance consumers digital experience, Chief Executive Michael Rhodes said today during the $181.4
The integration with Core10s Mesh middleware simplifies adoption, enabling real-time core banking connections for faster payment posting, balance updates, and improved transaction accuracy. ” Photo by Daniel Thomas on Unsplash The post Core10 Taps PayNearMe to Facilitate Loan Repayment appeared first on Finovate.
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billion Citizens began cloud migration in 2019, Ajay Punia, head of fraud risk and transmissions engineering, told Bank Automation News, adding that more than 80% [of the banks apps] are already […] The post Citizens on pace for 100% cloud migration by Q3 appeared first on Bank Automation News.
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trillion Citi monitors market volatility closely, but its core mission is identifying and backing sustained, strategic value regardless of short-term market fluctuations, Jeff Flynn, director for venture investing at Citi Ventures, […] The post Webinar: Citi Ventures strategy in a volatile market appeared first on Bank Automation News.
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billion post-money valuation, the company confirmed to TechCrunch on Wednesday. Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5
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