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Digital Commerce Bank (“DCBank” or the “Bank”) today announced that it has partnered with My First Bicycle Foundation (“My First Bike” or the “Foundation”) in a charitable corporate giving initiative over the next five years. Through the partnership, My First Bicycle Foundation will be the official charity of the Bank, with the Bank donating exclusively to the Foundation’s bicycle program in Canada. “We are excited to partner with My First Bicycle Foundation, which allows us...

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Innovative digital commercial bank, BankProv, partners with industry-leading performance marketing technology provider, Fintel Connect, to power its affiliate and influencer marketing program BankProv, a future-ready commercial bank offering adaptive and technology-first banking solutions to emerging markets, has launched its affiliate program in partnership with Fintel Connect, a leading provider of AI-powered performance marketing solutions built for the financial industry. As the 10th oldest bank in the United States, BankProv has evolved from The Provident Bank as a...

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Paysafe Limited (“Paysafe” or the “Company”) (NYSE:PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2021. Second Quarter 2021 Financial Highlights (metrics compared to second quarter of 2020) Total Payment Volume of $32.3 billion, increased 41% Revenue of $384.3 million, increased 13% Net income attributable to the Company of $6.6 million, compared to net loss of $15.9 million Adjusted EBITDA of $118.8 million, increased 8% Reaffirmed 2021...

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The company’s latest investment accelerates the Latin American expansion of its eCash business and exploits the growing online banking opportunities in the region Paysafe (NYSE:PSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating...

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Scheduled to broadcast 4Q/2021, an upcoming episode of the award-winning series, Advancements with Ted Danson, will focus on innovations in borderless banking solutions. With a look at EST Global Inc. (EST Group), this segment will educate about EST Group’s vision to encompass every segment and parameter of banking, from digital wallet, identity, investment and digital asset management technologies. “EST is all about a new mantra of holistic development wherein all the various strata of society interact...

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Cashfree, India’s leading payments and API banking solutions company today announced that it has been recognised as the ‘Best Payments and Collections Solution’ with IndusInd Bank as the provider at The Asset Triple A Awards 2021 for digitizing payments for IndusInd Bank. The award received under the New Economy segment is a recognition for leveraging API connectivity to solve manual payments allowing cash free processes for the bank. Cashfree has been the market-leader and pioneer in digital...

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Now Tech report highlights the value to expect from digital banking engagement platform providers and how to select vendors based on size and functionality. Technisys is recognized as a large, established player in the report, “Now Tech: Digital Banking Engagement Platforms, Q1 2021,” released by leading global research and advisory firm, Forrester. The report highlights the functionality of digital banking engagement platforms, with recommendations on how to choose the right vendor for organizations looking to adopt a digital transformation....

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Nigeria’s leading retail Bank Polaris has launched a digital bank called VULTe. In his welcome address at the well-attended unveiling ceremony which held in Eko Hotel, Lagos the Chairman of the Bank, M.K Ahmad (OON) disclosed that the corporate goal of Polaris is to offer customers and non-customers of the Bank, a 24-hour seamless service using VULTe. In his words, “This is a milestone in our pursuit of a strong and digitally-led retail brand. When we started the...

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Platform to support growth in Performing Loans segment Larsen & Toubro Infotech Ltd. (BSE: 540005), (NSE: LTI), a global technology consulting and digital solutions company has entered into a strategic engagement with Hoist Finance AB,  a pan European financial services company, to provide Banking-as-a-Service for Performing Loans segment through its Digital Banking Platform. LTI’s Digital Banking platform, powered by Temenos, will enable Hoist Finance to be more scalable and with faster on-boarding of new asset classes across regions....

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The partnership enables financial institutions to innovate the branch network through a suite of products and services that deliver meaningful customer engagement at point of contact. Technisys, the leader in next-gen digital and core banking platforms, is partnering with Antuar, an innovator in branch solutions, to further enhance the customer experience whether online or at a local branch. The partnership delivers an end-to-end digital solution designed to elevate customer experiences across all touchpoints. “Today’s environment emphasizes...

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