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Today’s Top Stories – February 17th 2023
Fintech SmartOSC has officially partnered with Gr4vy, an award-winning cloud-native payment orchestration platform renowned for taking the complexity out of building and managing payment stacks.
With a focus on redefining payments by delivering an intuitive and secure experience for both merchants and consumers, Gr4vy has quickly become a sought-after solution for businesses looking to streamline their payment processes and security. The company doubled its valuation since launching to an impressive $115M, allowing the company to further accelerate its global expansion and meet demand.
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UK fintech company Zipabout and Malaysian mobility-as-a-service (MaaS) platform company Asia Mobiliti announced a government-backed collaboration to improve access to transport for millions of people in Kuala Lumpur.
The official signing ceremony of the Collaboration Agreement took place at the British High Commission in the Malaysian capital, hosted by British High Commissioner to Malaysia, His Excellency Charles Hay MVO. The event was also attended by guests from the Department for Business and Trade and Capital A (formerly known as Air Asia).
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Monzo, the UK-based digital bank, has launched a new product that enables customers to easily save and access their money at any time.
The new Instant Access Savings Pot is designed to provide customers with a simple and hassle-free way to save money.
The Instant Access Savings account offers a competitive interest rate of 3.00%, which is calculated daily and paid out monthly. Customers can easily transfer money in and out of the account as they please, without any restrictions or penalties. With no minimum deposit or balance requirements, the account is accessible to anyone looking to start saving. The maximum you can have in a Personal Instant Access Savings Pot and a Joint Instant Access Savings Pot is £100,000 each.
As well as earning 3.00% AER on an Instant Access Savings Pot, Monzo Plus and Premium customers also earn 1.00% AER and 1.50% AER respectively on the first £2,000 held across their current account and Pots (now including Instant Access Savings Pots, but not Easy Access, Fixed Term, or ISA Pots provided by partner banks).
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- Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments Read more
- Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility Read more
- ING’s AI Roadmap: Platform, People, and Agentic AI Read more
- UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year Read more
- TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales Read more

