How technology and data can be used to drive business performance

The volume and efficiency of cross-border payments have increased considerably over the last decade. Figures from Statista show that in 2018, US$124 trillion worth of cross-border payments were made. By 2022, that had risen to $150.7 trillion. Based on these transaction figures, the volume of cross-border payments is projected to continue to increase annually. There …

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New Turkish Player Lidio Joins Fintech Industry

The financial technology (fintech) industry has a new player with the launch of Lidio, which seeks to provide a multi-channel and independent payment experience to millions of consumers, as well as services for the local and global needs of companies. The foundation of the next-generation fintech initiative correlates with Mobilexpress, one of the largest online …

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Technology will be at the heart of Starbucks reinvention, says CTO Deb Hall Lefevre

Deb Hall Lefevre Starbucks is going to reinvent itself, and technology is the platform on which this transformation will take place, according to the company’s chief technology officer. According to the official announcement of the new strategy this week, the ‘new’ Starbucks will feature: Effortless Digital Convenience: Today’s customers are increasingly prioritizing the effortless, experiential …

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Zindigi Powered by JS Bank Wins Pakistan Tech

KARACHI, Pakistan, September 08, 2022 (GLOBE NEWSWIRE) — Zindigi, powered by JS Bank, has brought home the Pakistan Technology Excellence Award for Fintech – Banking at the Asian Technology Excellence Awards 2022. Zindigi, which is a cutting-edge digital banking service, has the goal of making life “simple” for its users. Meeting the needs of the …

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Two Sigma Insurance Quantified Forms Advisory Council of Leaders in Insurance and Technology

David W Michelson Y Edward A. Sweeney, Jr. Appointed as strategic advisors NEW YORK, September 8, 2022 /PRNewswire/ — Two Sigma Insurance Quantified (TSIQ), a leading underwriting technology company for the commercial property and casualty industry and an affiliate company of Two Sigma, today announced the appointment of David W Michelson (David) and Edward A. …

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How regulation can stifle, or encourage, fintech innovation

Last week, protesters gathered in Amsterdam to speak out against the ongoing arrest of Tornado Cash developer Alexey Pertsev. Dutch authorities continue to hold Pertsev without charge in connection with his involvement in writing the protocols for the Tornado crypto platform, which was sanctioned earlier this month by US officials who say it has been …

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Lightnet Receives $50M Capital Commitment From LDA Capital To Power Velo Blockchain Technology

Global alternative investment group, with expertise in innovative cross-border transactions, adds next-generation financial infrastructure to its investment portfolio SINGAPORE, August 28, 2022 /PRNewswire/ — Lightnet Group (“Lightnet”) announced This day has secured a $50 million capital commitment from LDA Capital Ltd (“LDA”) to grow its infrastructure, operations and expand the blockchain technology of its technology …

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