Currencycloud nabs $80M from Visa, World Bank Group and more for cross-border payment APIs

  • “Today, a London startup called Currencycloud, which has built a set of remittance APIs that let any financial business integrate money transfer services into its platform, is announcing that it has raised $80 million
  • To date, more than $50 billion has been transferred between some 180 countries using Currencycloud’s 85 APIs”

https://www.google.com/amp/s/techcrunch.com/2020/01/26/currencycloud-nabs-80m-from-visa-world-bank-group-and-more-for-its-cross-border-payments-api/amp/

Image Credits: jnhphoto / Getty Images

Visa is acquiring Plaid for $5.3 billion, 2x its final private valuation

“Plaid develops financial services APIs. It is akin to what Stripe does for payments, but instead of facilitating payments, it helps developers share banking and other financial information more easily. It’s the kind of service that makes sense for a company like Visa.”

https://www.google.com/amp/s/techcrunch.com/2020/01/13/visa-is-acquiring-plaid-for-5-3-billion-2x-its-final-private-valuation/amp/

Image Credits: Sarah Wardlaw / Unsplash

Finn AI to deliver conversational AI tech to Visa bank partners

Jake Tyler, CEO of Finn AI

http://linkedin.com/in/jaketyler


“We are excited to extend our relationship with Visa beyond Canada and to the company’s global customer base,” said Jake Tyler, CEO of Finn AI.

“By leveraging Visa Developer APIs for these AI-enabled use cases, we can provide a conversational AI solution, out of the box, for financial institutions already leveraging the Visa Developer Platform. As a result, Visa bank partners can offer emerging types of services, as well as an amazing experience, to their customers.”

https://ibsintelligence.com/ibs-journal/ibs-news/finn-ai-to-deliver-conversational-ai-tech-to-visa-bank-partners/

Active.Ai and Visa Partnering to Enable Conversational AI Solutions

“Active.Ai today announced that it is partnering with Visa to provide banks and credit unions with out-of-the-box conversational artificial intelligence (AI) solutions. Combining the power of Visa APIs with Active’s AI platform, Active.AI aims to power solutions, such as chatbots, to make conversational AI platforms easier for financial institutions to deploy and more intuitive for their customers to use.”

https://www.prnewswire.com/news-releases/activeai-and-visa-partnering-to-enable-conversational-ai-solutions-300924220.html


Active.ai – https://active.ai


Ravi Shankar – CEO

http://linkedin.com/in/futureofbanking

Visa Debuts AI-Powered Fraud Fighting Tools

    • “The Visa Account Attack Intelligence feature uses deep learning to process card-not-present transactions to pinpoint when hackers are trying to guess numbers, expiration dates or security codes through automated programs.
    • Another security feature introduced is Visa eCommerce Threat Disruption, which scans eCommerce websites for malicious payment data skimming software.”

    https://www.google.com/amp/s/www.pymnts.com/news/security-and-risk/2019/visa-debuts-ai-powered-fraud-fighting-tools/amp/