Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has agreed to combine with Wavy to advance innovation globally and to build a leading position in next-generation conversational marketing in Latin America and around the world.

Last week ABN AMRO announced that, for Commercial Banking clients with a credit facility of up to 2.5 million euros, payment of principal and interest will be deferred for six months.

Today ABN AMRO is extending this measure to Commercial Banking clients with a credit facility with a principal and/or a limit of up to 50 million euros.

Coin Metrics, the leading provider of Cryptoasset Data and Infrastructure for institutional investors, announced today that it completed a $6 million round of funding.

The acquisition complements Tink’s organic growth strategy to enhance its platform, increase connectivity and expand its product offering. The acquisition of Eurobits builds on the €90 million investment secured in January 2020 and will see Tink increase its bank and financial institution connectivity in 17 markets, predominantly in Europe and in Latin America. Eurobits brings significant international fintech and banking customers, including BBVA, Santander, Bankia, Sabadell, Fintonic, Telefonica, National Bank of Greece and La Banque Postale (France). 

What is the likely impact of the virus on the business-to-business (B2B) payments?

As discussed in a previous blog, the dislocations caused by the COVID-19 virus and governments’ responses to it mean that counterparty risk is much more of an issue than previously. In the world of payments, the security that can be offered by a B2B services provider is more crucial than ever.

Aire, the credit insight service, today announced that it is offering free access to its range of real-time credit information services for a period of three months, to help lenders identify and engage with struggling consumers during the unfolding Coronavirus crisis.

Over 440 medical institutions from 104 countries and regions have applied to learn and share experiences in battling COVID-19 through the International Medical Expert Communication Platform.

W2, the leading provider of real-time digital solutions to simplify global regulatory compliance for mobile and digital transactions via a single platform integration today announce the appointment of Peter Murray to head up their global sales teams.

Murray previously Head of gaming at GBG and Director at Alexem Services, the Identity consultancy, comes in to support and drive business across core regulated markets with a focus on the gambling and financial services sectors.

11:FS, the challenger firm defining and building truly digital financial services, today announced that it is continuing its expansion, hiring former Forrester VP Benjamin Ensor as Director of Research.

Benjamin is a highly experienced researcher and analyst, with more than 20 years of experience advising leading financial services firms around the world about changing customer behaviour, changing market dynamics and the impact of digital technology on business strategy in financial services.