Mastercard to Acquire BVNK to Connect On-Chain Payments, Fiat Rails

Expands capabilities to support greater choice in how people and businesses exchange value BVNK’s digital asset infrastructure complements and extends Mastercard’s trusted global payments network, creating interoperability between fiat and stablecoins Enables financial institutions and other customers to address new use cases with stablecoins, tokenized deposits and tokenized assets Mastercard today announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The...

Coherent Solutions Releases AI Fraud Prevention Research for Banks

Coherent Solutions has released a Future of Finance research illustrating how AI is advancing fraud detection in financial services. The research offers financial institutions a strategic framework to address rising and more sophisticated fraud techniques with adaptive, human-in-the-loop AI systems, based on the firm’s extensive experience in AI engineering. This white paper addresses the modern threat of transaction fraud, which is becoming faster and smarter while conventional rule-based systems lag, leaving financial institutions exposed. Banks, credit lenders,...

Steadily Launches First-of-Its-Kind Landlord Insurance App on ChatGPT

Steadily, a leading landlord insurance service operating across all 50 U.S. states, today announced the launch of its ChatGPT app, enabling property owners to receive instant insurance premium estimates directly within ChatGPT. With millions of landlords increasingly using AI tools to analyze deals, evaluate rental markets, and manage their portfolios, Steadily is meeting customers where they already work. The new app allows landlords to quickly estimate insurance costs for rental properties without leaving the ChatGPT...

RS2 Launches “Beyond by RS2” to Power the Next Gen of European Fintech

RS2, a Tier-1 global provider of payment processing infrastructure and technology solutions, today announced the launch of Beyond by RS2, a new digital payments brand designed to help fintech companies, platforms, and payment providers rapidly launch card issuing and payment acceptance services across Europe. Built on RS2’s globally proven BankWORKS platform, Beyond by RS2 offers fintechs a comprehensive sponsored issuer and acquiring program, enabling partners to issue cards and process payments without needing their own...

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