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Ripple makes final $20 million investment in MoneyGram equity

MoneyGram, a global provider of innovative money transfer services, today announced that Ripple, a provider of leading enterprise blockchain solutions for global payments, has made the final $20 million investment in MoneyGram equity pursuant to Ripple's original $50 million equity investment commitment made earl

Tuesday, November 26, 2019 - 11:45
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Koine appoints former SDX CEO as Chair of advisory board

Koine, the institutional custodian and settlement service for digital assets and fiat money, has appointed former CEO of SIX Digital Exchange (SDX), Martin Halblaub, as Chair of its advisory board, effective 1st January 2020.

As former CEO of SDX, Switzerland’s digital assets exchange, Martin shaped the business’ strategy, model and core technology, as well as the client and product portfolio, and built the operating company.

Tuesday, November 26, 2019 - 11:16
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Black Friday Alert: 16 Tips for Avoiding Fraud

Whenever people are buying more, it’s an opportunity for criminals to strike, which makes Black Friday a dangerous time. With new scams on the increase, FICO’s fraud experts have added new tips for staying safe, taking the total to 16.

Tuesday, November 26, 2019 - 10:51
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Financial IT
Judopay reveals Brits would rather queue up in store on Black Friday than pay on their mobile.

Black Friday is just around the corner with even more UK bargain hunters expected to pounce on big discounts this year. But new research from Judopay shows that not all of these sales will happen online or on mobile, with over a quarter of Brits admitting that they’d rather queue in store than make a purchase on their mobile as it’s ‘too stressful’.

Tuesday, November 26, 2019 - 10:51
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Encompass named in RegTech 100 list for 2020

Encompass Corporation, a fast-growing provider of intelligently automated Know Your Customer (KYC) solutions, has been named within the RegTech 100 - a list recognising the world’s most innovative technology solution providers.

Now in its third year, the RegTech 100, announced today [26 November] by specialist research firm RegTech Analyst, highlights “RegTech companies that every financial institution needs to know about” in the year ahead.

Tuesday, November 26, 2019 - 10:32
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Avelacom Launches Multi-Cloud Solution to Accelerate Connectivity to Cryptocurrency Exchanges

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has launched its multi-cloud connectivity solution to simplify and accelerate how traders connect to cryptocurrency exchanges. It delivers secure, direct and ultra-low latency access to cryptocurrency exchanges hosted in Alibaba Cloud, Amazon Web Services (AWS), Microsoft Azure and Google Cloud platform.  

Tuesday, November 26, 2019 - 10:24
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Nucoro announces plans to target insurers with white labelled wealth management technology offering

Nucoro, the Fintech company providing bespoke white-labelled technology focused on delivering wealth management solutions to third parties, has announced it plans to start targeting the insurance sector with its offering. It says the growth of digital wealth management means it’s now easier for insurers to offer this service than ever before.  

Tuesday, November 26, 2019 - 10:05
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Klarna partners with a new merchant every 8 minutes in 2019

2019 to date has proven to be a record growth year for Klarna, and this is before the much anticipated shopping holidays. Each day thousands of new consumers are choosing Klarna, with especially strong preference building in the UK and the US markets. The unique online and offline customer-centric offering, providing a healthier, simpler and smarter alternative to credit cards, and with multiple services to smoothen the end to end shopping experience, confirms Klarna as the preferred ‘buy now, pay later’ provider. 

Tuesday, November 26, 2019 - 08:24
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Discover and PayPal™ Collaboration Gives Cardmembers New Way to Redeem Rewards

Discover cardmembers can now use their Cashback Bonus® or Miles to pay for purchases at millions of online stores through PayPal, giving cardmembers another convenient and flexible way to reward themselves.

Tuesday, November 26, 2019 - 05:48
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/news/payments/discover-and-paypaltm-collaboration-gives-cardmembers-new-way-redeem-rewards
Barclays opens new transaction banking branch in Luxembourg

As part of Barclays’ efforts to build its European Corporate Banking proposition, the bank has today launched a new branch in Luxembourg to provide multinational clients with transaction banking services. The branch will focus on offering corporates and financial institutions a range of banking products, including cash management, debt, foreign exchange and trade finance facilities.

Tuesday, November 26, 2019 - 05:42
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