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Credable, a digital banking infra startup that wants to build Unit for emerging markets, gets funding

TechCrunch

Banking infrastructure providers are mainly responsible for the proliferation of such solutions. They allow businesses such as mobile operators, e-commerce platforms, and logistics companies to embed and enable banking products for their customers. million seed round. million seed round. So far, over 1.2 So far, over 1.2

Banking 217
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It’s time to go paperless: are bank branches ready?

CIO

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 224
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Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

TechCrunch

Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria. In the absence of a banking system nearby or a disregard for one, the unbanked resort to these traditional systems because they work completely offline.

Fintech 363
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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

A more recent report from the Federal Reserve Bank of New York estimates that total household debt in Q3 2022 reached $16.51 “This latest injection of growth capital allows us to meet the growing demand for our behavioral engagement technology around the world. . trillion, $2.36 trillion higher than at the end of 2019.

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Apple enters the BNPL market as regulation, competition intensify

TechCrunch

In the mix were anticipated improvements to its various operating systems and computers — and plans to expand its fintech footprint. However, while it’s earned a market footprint of sufficient scale as to matter in the consumer financial technology market, it’s not considered a fintech company per se.

Marketing 241
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.

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Omnichannel Banking Experience: Making Banking Accessible in 2023

Exadel

In today’s world, banking is no longer a purely in-person experience. For many years, the banking industry acted with exclusivity, providing services almost solely to customers who could access bank branches in person. However, as the world has evolved to become more digital, so has the banking industry.

Banking 96