London-based institutional custody and prime brokerage firm, Copper.co, today announces its partnership with the first U.S. prime dealer, SFOX.

The integration will allow Copper’s institutional clients instant and secure access to SFOX’s best price execution platform and global liquidity. While SFOX’s clients will benefit from the secure custody and settlement architecture pioneered by Copper’s Walled Garden.

A financial institution that is successful over the long-term is almost certainly one that is characterised by a high level of trust. The same is true of a payments services provider.

As we have discussed in previous blogs, payments services providers compete in a number of ways. Traditionally, competition had been on the basis of price. However, competition in business-to-business (B2B) payments has already forced prices for the service to rock-bottom levels.

International money transfer start-up reaches the 1.5 million customer milestone with over 3,000 new users every day.

UK-based fintech Paysend announced that their Global Transfers service has reached 1.5 million customers, despite only having been founded in April 2017. With roughly 300 million people globally sending money across borders on a regular basis, Paysend’s user base represents a significant market share, and indicates the high rate of growth enjoyed by the business.

Equiniti Group plc, an international technology-led services and payments specialist, is delighted to announce that its risk management business, Equiniti Riskfactor, has joined forces with Codat, the accounting integration API provider. 

Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced it has been named a Leader in the IDC Marketscape: Worldwide Integrated Payment Platforms 2019-2010 Vendor Assessment (IDC #US46024520, Feb 2020).

Elavon, a global payments leader, has announced a collaboration with Nuapay, the London-based subsidiary of payments pioneer Sentenial, to provide selected open banking solutions to Elavon customers.

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts that provide data-driven, AI-enabled products and solutions to wealth management and insurance companies. 

Alipay, the world’s leading mobile payment platform operated by Ant Financial Services Group, today announced a three-year plan to further open up its platform to support the digital transformation of 40 million service providers across China.

The plan marks a major milestone as Alipay continues to strengthen its positioning in China, evolving from a platform that provides inclusive financial services to an open, vibrant digital ecosystem that offers users a gateway into a comprehensive digital lifestyle, right in the palms of their hands.

We are pleased to announce our strategic partnership with Visa to enable Paga and Visa work closely in accelerating secure and convenient mobile payments for merchants and consumers in markets where Paga operates.

Hong Kong-based digital asset custody firm First Digital Trust has scored a $3 million investment from Taiwanese venture studio Nogle.