Standard Chartered and leading payments solution provider, Assembly Payments, have set up a new joint venture to deliver next generation payment solutions for the USD 29 trillion global e-commerce industry.

The new company will be headquartered in Singapore with the intent to grow the business globally, and will offer a sophisticated digital payment platform to manage transactions across multiple payment types and countries, including online, mobile and point-of-sale, digital wallets, debit and credit cards and real-time payments.

2020 is a leap year — the one year in four when tradition says it is acceptable for women to propose to their partner on February 29.

Shopping service Klarna believes everyone should get what they love, and not have their decisions dictated by outdated rules or traditions. Launching today, Klarna and fashion activist and celebrity stylist Bea Åkerlund, have released a pair of limited-edition rings — the Knight Finger and Unification — empowering everyone to propose when and how they want. 

CLS, a market infrastructure delivering settlement, processing and data solutions, today announces that Actinver, BNP Paribas, Citibank and J.P. Morgan are live on CLSNet, a standardized, automated bilateral payment netting calculation service for over 120 currencies operating on a distributed ledger technology (DLT) platform. 

 Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions and a Gold level member of Oracle PartnerNetwork (OPN) today announced it will provide dedicated, private and on-demand access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect.

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today announced the release of the 2020 Treasury Fraud and Controls Survey in partnership with Strategic Treasurer. According to the survey results, 60 percent of companies now report experiencing fraud with a 50 percent increase in fraud over the past three years.

Hazelcast, the leading in-memory computing platform that delivers radically fast application performance at scale, today announced the expansion of its Series D round due to over-subscribed interest from global investment entities.

With the UK having left the European Union, N26 has announced that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence.

Thomas Grosse, Chief Banking Officer at N26 said: “While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our customers in the UK and will have to leave the market.” Customers with accounts in other markets will not be affected.

Hampshire Trust Bank (HTB) today announces that it has partnered with Ping Identity to provide intelligent access for customers and brokers.