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Big bank de-risking threatening to undermine financial inclusion

According to new research commissioned by Payments Bank, Banking Circle, big bank de-risking is significantly hampering the efforts of many Financial Institutions to deliver services that empower financial inclusion. The root cause appears to be the risk-averse strategies adopted in response to the financial crisis of 2008 and subsequent money laundering fines imposed on several big banks.

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Global Processing Services announces new partnership with Mastercard to power ‘Next Generation Payments’ technology to global fintechs

• Mastercard deepens a decade long collaboration with GPS, launching and scaling hundreds of card programmes for some of the most successful fintechs in the world
• GPS recently raised over US$400 million in new capital to accelerate investment in open API, cloud-based technology, driving global expansion into many of the world’s largest markets over the next three years

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The Future of Fintech: A Fireside Chat with David Birch and Alex Preece

Tillo CEO Alex Preece recently sat down with fintech expert David Birch for an exclusive interview.

They covered a wide range of trends – from crypto to NFTs, BNPL, open banking and beyond!

Give it a listen to uncover the most interesting trends on the strategic horizon, understand the role of loyalty, and find out how the way you pay for your shopping may soon change.

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