Remove industries banking-and-financial-services retail-corporate-banking
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Accelerating innovation with cloud-native apps on Microsoft Cloud

CIO

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. What are the greatest challenges that financial services firms face with their digital transformation initiatives?

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Banking giant Truist acquires fintech startup Long Game in effort to reach younger demographic

TechCrunch

Truist — one of the nation’s largest financial institutions — has acquired Long Game , a 12-person fintech startup that has raised over $20 million in venture capital, executives have told TechCrunch exclusively. based Truist was the 10th largest bank, with $509 billion in assets. As of June 2021, Charlotte, N.C.-based

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

Southeast Asia is already home to a thriving fintech scene, where Grab , GoTo and Sea have built super apps that encompass financial services, and startups like Xendit , Akulaku and Dana (to name a few) have raised hundreds of millions of dollars for payments, banking services and other financial tools.

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Block backs Japanese fintech startup Kyash in $41.2M round

TechCrunch

Kyash , a Tokyo-based mobile financial app, has raised $41.2 The round comes from a number of investors including Japan Post Investment Corporation, Block (formerly known as Square), Greyhound Capital, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group, JAFCO Group, Mitsui Sumitomo Insurance Capital and others. .

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How the metaverse will help financial organizations transform employee and customer experience on Microsoft Cloud

CIO

By blending the physical and the digital worlds, the metaverse is changing the rules of engagement and enabling us to connect without barriers,” says Anupam Singhal, a Senior Vice President at Tata Consultancy Services (TCS). According to  Gartner , 25% of people will spend at least an hour in the metaverse by 2026.

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Highbeam secures $10M loan to provide credit, spend monitoring and more to e-commerce retailers

TechCrunch

Highbeam , a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Via a dashboard, Highbeam also shows insights and forecasts on business expenses (e.g.

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Climate accounting platform Persefoni raises $101M Series B led by Prelude and TPG

TechCrunch

Asset managers, banks and other financial institutions need to calculate their financed CO2 emissions footprint in a manner that is auditable and compliant with both the Greenhouse Gas Protocol and the Partnership for Carbon Accounting Financials (PCAF) methodologies. Leading the round were Prelude Ventures and TPG Rise Climate.

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