Ripple, the enterprise blockchain solution for global payments, announced today that the company has surpassed 300 customers. Ripple has also seen 10x year-over-year growth in transactions on RippleNet, the company’s global network of banks and financial institutions that enables faster, lower-cost payments around the world.

Just last year at Ripple’s annual conference Swell, the company announced On-Demand Liquidity (ODL), which leverages the digital asset XRP as a bridge currency to eliminate the need for pre-funding in cross border payments. 

Sage, the market leader in cloud business management solutions, is today launching its financial management platform Sage Intacct to customers in the UK. The native cloud platform gives CFOs and their teams the insights and automation they need to deliver a value-add, strategic service, keeping up with the ever-changing demands of the digital business environment.

Mumbai Fintech Hub (MFH) and FinTech Convergence Council (FCC) have joined hands for a collaborative growth ecosystem for fintech in India. The two bodies have jointly fashioned the ‘India Fintech Festival (IFF)’ a global platform to showcase the opportunities while discussing the key challenges in the industry and the possible solutions to counter the same. IFF 2020 is backed by the Government of Maharashtra (GoM) as it will be driven by GoM Fintech Policy, operationalized under MahaIT.

A survey has revealed that nearly a third of UK employees (31%) do not check their payslips regularly.

This is despite one in seven (15%) of the 1129 employees surveyed by IRIS Software Group indicating that they were worried about the accuracy of their payslips. 

The research showed that somewhat surprisingly, it was people working in the finance and accountancy sectors that were among the least likely to regularly check their payslips (41%), along with those employed in media, marketing and sales (47%) and education (42%). 

Equiniti, an international technology-led services and payments specialist, is delighted to announce that it has opened EQ Tek, a new R&D facility for its client-facing applications.

Headquartered in Krakow, Poland, EQ Tek will create an additional 150 roles for high-calibre developers as well as systems and UX experts within Equiniti. The team will be developing best-in-class applications and product delivery systems across all divisions of the business.

According to Jalal Orujov, a Member of the Executive Board and Chief Operating Officer at PASHA Bank, the new EFTPOS network management system opens up additional opportunities for the bank. "In addition to automating payments and optimizing the EFTPOS deployment, the new system provides comprehensive online workflow monitoring, as well as receiving additional information about each payment made in the terminal network.

Open banking platform Tink has strengthened its commitment to the UK and Irish markets by appointing Stripe’s former head of EMEA banking, Rafael Plantier, as its new Country Manager for the UK and Ireland. 

Singapore's DB Bank is teaming up with commodities trading house Trafigura to develop an open-sourced blockchain trade platform.

JPMorgan Chase has moved to bolster its valuable wholesale payments business by building an e-wallet that lets e-commerce and gig economy firms such as Amazon and Airbnb offer their customers virtual bank accounts.