24 July 2024
Written By FinTech Alliance in FinTech
US fintech company Mercury Bank has announced it will close accounts for users in several prohibited countries, including Zimbabwe, by August 22, 2024.
The bank's updated eligibility criteria now exclude account openings and transactions for individuals and businesses in specific countries due to compliance reasons. This decision has led to concerns among affected users, who depend on Mercury Bank for their international financial transactions, potentially disrupting their business operations.
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
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