The Overwhelming Short-Term Impact of AI

February 23, 2017    By : Markus Lampinen

Without noticing it, artificial intelligence (AI) already fits in many forms into our daily lives and supports our decision-making. At times, it’s discussed a bit like blockchain, which we’re being promised will solve things like world hunger and human trafficking.

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New Artificial Intelligence Service Plum Enables Consumers to Automatically Save, Invest & Earn More Interest on Money

February 23, 2017    By : LTP Team

Plum brings artificial intelligence (AI) to savings and investments enabling people to automatically put money aside every couple of days. Plum exists to solve UK’s £350bn savings black hole.* Its new partnership with RateSetter allows consumers prepared take on risk

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Citi Tech for Integrity (T4I) Challenge Offers a Unique Opportunity to Work With Its Exceptional Allies – LTP, IBM, Microsoft, Mastercard, Facebook, Clifford Chance and PwC

February 22, 2017    By : Elena Mesropyan

Announced in February 2017, the Citi ‘Tech for Integrity (T4I) Challenge is an open innovation competition to source solutions to promote integrity, accountability and transparency in the public sector. Led by Citi in collaboration with its strategic Allies – LetsTalkPayments.com

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Remitly Doubles Annual Remittance Volume

February 22, 2017    By : LTP Team

SEATTLE – Feb. 21, 2017 – Remitly, the largest independent mobile remittance company in the United States, today announced it doubled its 2015 annualized remittance volume to $2 billion in 2016. The achievement was made possible by Remitly’s customers, mostly

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Spendesk: Combining Virtual and Plastic Corporate Cards to Reinvent SMBs’ Payments and Expense Management

February 22, 2017    By : LTP Team

Paris, February 21, 2017 – Seven months after its launch, FinTech startup Spendesk has announced it has raised funding of 2 million euros through well-known angel investors and pilot customers. Spendesk is taking this opportunity to reveal its travel expense

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Plugging the Leaks in Your Accounts Payable Process

February 21, 2017    By : Tom Franceski

If your company is still processing vendor invoices manually, you are leaking cash out of your organization. In fact, it is surprising how much money even a small company can lose when you add up the cost of late fees,

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DCB Bank’s Latest Technology for Account Opening: DCB Bank Iris Eye Scan

February 21, 2017    By : LTP Team

DCB Bank – a new-generation private sector bank – has introduced eye scanning technology to open new accounts for the first time in the country. This novel biometric authentication does away with submission and verification of KYC documents, and sets

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How a Globalizing Payments Market Brought St. Louis and a Melbourne-Based FinTech Company Together

February 20, 2017    By : LTP Team

Now more than ever, the payments market is becoming global, evident by studying the Asian and Australian markets which are two of the largest markets for financial services and financial technology. BCG values the emerging Asia-Pacific payments market, which already

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Interoperable QR Code System, BharatQR, Launched in India in Collaboration With All Leading Card Networks

February 20, 2017    By : LTP Team

India has been on the path to a cashless society after the wheels of demonetization were set in motion last November last year. The launch of BharatQR today, where all leading card networks viz. Rupay, VISA, Mastercard and American Express

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30 Companies Providing Enterprise-Grade Blockchain Solutions

February 19, 2017    By : Elena Mesropyan

The LTP Team has been following the blockchain-focused ecosystem for quite a while now and have seen very interesting a promising players providing solutions for authentication, blockchain-as-a-service, open-source blockchain, application development, mobile wallets, compliance, trading and investment, etc. This time,

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