Paysend, the card-to-card pioneer and international payments platform, has closed a Series B funding round of $125m, led by One Peak, with participation from Infravia Growth Capital, Hermes GPE Innovation Fund, and existing long-term investors including Silicon Valley based Plug and Play.

The funding will help Paysend expand its international footprint and speed up product innovation, enabling it to further accelerate its impressive growth trajectory.

The International Financial Reporting Standards (IFRS) Foundation is a non-profit standards committee that aims to set the bar for accounting and keeping financial information. IFRS’s standards can be adopted by financial institutions like banks, as well as companies listed in the public stock exchange. IFRS standards are meant to slowly replace the previous bars set by the International Accounting Standards (IAS) Board, the IFRS’ parent standard-setting body. One of the standards that banks should take note of is IFRS 9, or the standard that governs financial instruments.

Euro Grinds Higher, Pound Steady, Wall Street Stocks Dip

DWF, the global provider of integrated legal and business services, has today acquired Zing365, a leading compliance training and professional development business, to further extend its Connected Services offering.

What is employer brand?

One of the top business priorities for 2021 across the finance industry is the ability to effectively manage large volumes of data from multiple streams – including customer information, financial transactions, marketing campaigns, software logs and so on. However, with financial firms facing more stringent regulation than other industries, managing this data can potentially become an overwhelming task with little to no room for error.

For years, Smart Eye has been leading the driver monitoring space, enabling safe and sustainable transportation. As we watched this category evolve into Interior Sensing, monitoring the whole cabin, we quickly recognized Affectiva as a major player to watch. Affectiva’s pioneering work in establishing the field of Emotion AI has served as a powerful platform for bringing this technology to market at scale. At the end of the day, this is about saving lives and bridging the gap between humans and machines.

The idea of a Central Bank Digital Currency (CBDC) – a blockchain-based digital currency issued by a central bank – is now a reality, with the launch of the Sand Dollar in the Bahamas, the first fully-deployed digital version of a country's fiat currency. 

Taking this to an entirely new scale, the launch of a major CBDC trial in China involves six of the country’s largest banks promoting the country’s digital currency to consumers as an alternative to existing popular private payment apps, such as WeChat Pay and Alipay.