StockX​, ​the world’s first ‘stock market of things’, has closed on a $110 million Series C funding round from investment firms DST Global, General Atlantic, and GGV Capital. The company also announced today the appointment of Scott Cutler as CEO. ​Cutler succeeds co-founder Josh Luber, who will continue to serve on the executive leadership team and board of directors. ​The raise, in which current investors GV and Battery Ventures also participated, represents the largest in Michigan VC history to date and values StockX at over $1 billion.

 Players of mobile AR combat game Reality Clash can now buy and sell limited-edition weapons and earn real money via OpenSea, the world’s largest general marketplace for crypto collectibles.

Crypto collectibles are a fundamentally new type of digital good. Unlike traditional in-game DLC, which is ultimately owned and controlled by a game’s publisher, blockchain-enabled crypto collectibles can be traded directly between players for profit, independent of the game itself.

SIA, the leading European hi-tech company in the payment services and infrastructures sector, through its wholly-owned subsidiary New SIA Greece, has reached a five-year agreement with Market In, one of Greece’s leading retailers, to provide a new payment technology infrastructure and to manage the processing of card transactions.

The infrastructure developed by SIA further strengthens Market In’s client-oriented vision by combining services quality with fast, efficient and secure transactions, aligned with the global market’s latest trends in digital payments.

The White Paper ‘The Digital Identity Problem – Solving the issue of trust’ published today, Goode Intelligence (www.goodeintelligence.com) reports that the question of how we effectively and securely identify people online to enable them to perform digital tasks in a safe and secure manner is one of the fundamental ones of our time.

Called the BBVA Open Innovation Acceleration Program, the project is aimed at giving businesses a targeted helping hand on the road to success. Over the course of nine-months, those selected for the program will receive expert guidance and support from senior leaders at the bank on a range of topics.

nexo standards, the global industry association dedicated to enabling fast, interoperable and borderless payments acceptance, today announces the results of its fifth annual General Assembly.

Board of Directors elected

WeGift, the digital rewards platform, has secured £4 million in Series A funding, led by Fred Destin at Stride.vc, who also joins the Board of Directors, and other high-profile investors including 

Nivo, the Manchester-based instant messaging and identity verification platform, today published a research report which highlights the security risks of financial firms using email and SMS for customer communications.

Written by Martin Hill-Wilson, who is recognised as a thought leader in Customer Experience, the report identifies email and SMS as messaging platforms popular with customers, yet easy touchpoints for identity theft and fraud. UK fraud losses totalled £844.8 million in 2018, an increase of 16% compared to 2017 according to data collated from members of UK Finance.*

Tech repair specialists iSmash and leading European payments provider Klarna have today announced a collaboration that will make phone fixing difficulties a thing of the past, through iSmash’s integration of Klarna’s ‘Pay in 3’.

Equifax has officially opened the global company’s new office and European headquarters at 1 Angel Court, Bank, London with Mark Begor, Chief Executive Officer of Equifax, attending the new location launch for the global data, analytics and technology company.