Mastercard unveils platform to boost payment approval rates

Mastercard has unveiled the Payment Optimisation Platform (POP), a service designed to improve approval rates for merchants using data to ...
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Brazil’s PicPay eyes US IPO

Brazilian fintech PicPay is looking to raise up to $500 million in a US initial public offering, according to Bloomberg. ...
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Major banks explore blockchain-based digital money

Some of the world’s biggest banks, including Barclays and Goldman Sachs, are exploring the issuance of a 1:1 reserve-backed form ...
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China probes Qualcomm for antitrust violation

US semiconductor manufacturer Qualcomm is under investigation in China for allegedly breaching antitrust laws for its acquisition of Autotalks. Editorial ...
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JPMorgan tells staff to register biometric data to access new HQ

JPMorgan Chase staffers will have to scan their fingerprints or eyes, rather than their ID badges, to access the bank’s ...
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Mastercard and Coinbase in bidding war for stablecoin firm BVNK

Mastercard and Coinbase are battling it out to acquire stablecoin infrastructure platform BVNK in a deal that could be worth ...
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SoftBank in talks for $5 billion margin loan

SoftBank Group is reportedly asking global banks to borrow $5 billion as founder Masayoshi Son pours funding into AI investments. ...
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Google signs FS firms to new Gemini Enterprise agentic platform

Commerzbank, Macquarie Bank and insurance player Signal Iduna are among the first firms to use Google Cloud’s new Gemini Enterprise ...
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JPMorgan spends $2bn a year on AI, saves same amount

JPMorgan Chase invests $2 billion a year developing AI, with the technology saving the bank about the same amount, according ...
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Revolut set for Indian launch

Revolut will launch its payments platform in India later this year, targeting 20 million customers in the country by 2030. ...
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