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FinTech Futures: Top five news stories of the week – 16 August 2024

Aug 16, 2024

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This week’s fintech highlights include Scotiabank's $2.8 billion acquisition of a 14.9% stake in KeyCorp, aiming to bolster its North American presence. Meanwhile, U.S. startup Tally is shutting down due to a lack of funding after nearly a decade of operations. UK-based Haboo Money plans to launch a service in 2025 that personalizes loan repayments through open banking. Experian has acquired NeuroID for behavioral analytics to enhance its fraud detection, and Ohio's Fortuna Bank, led by women, is nearing its launch after raising $20.7 million. For more details, explore the full stories! This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures

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