eNett International, a leading provider of integrated B2B payment solutions for the travel industry, has entered into a definitive agreement to be acquired by WEX Inc. (NYSE: WEX), a leading financial technology service provider.  The transaction also includes the acquisition of Optal, a shareholder of eNett and the primary issuer of eNett payments.

Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment by Mastercard that underscores confidence in India’s growing economy.

The investment is part of a partnership to continue the rapid growth of convenient electronic payment options for consumers across the region. The collaboration will deliver an extensive range of card and real-time payments-based instalment financing at checkout – in-store and online.

TradeTech 2020 unites Europe’s top equity trading leaders including regulators, sell side, trading platforms, technology partners and over 500 senior buy side. This is your unique opportunity to join the leading buy side in using data and technology to thrive in the post-MiFID II liquidity landscape.

LexisNexis® Risk Solutions, the global analytics provider, is today reacting to the European Commission’s announcement that it is preparing to clamp down on those countries who have failed to implement the 5^th Anti-Money Laundering Directive (5MLD), by issuing a guide to help firms comply with new rules.

SoFi, the digital personal finance company, and Mastercard today announced a multifaceted partnership to offer a suite of products and in-person experiences to its nearly one million (and growing) SoFi members.

MUFG Union Bank N.A.

Expenditure on European payment cards has grown by a third since 2014 to reach €3.9 trillion, as cards are used increasingly for everyday purchases

Rapidly rising usage spurs card spending

RBR’s latest research, Payment Cards Issuing and Acquiring Europe 2020, shows that in 2018 cardholders in the UK, France and Germany spent the most, with the total increasing by 26%, 19% and 22% respectively since 2014. The fourth largest market, Russia, saw spending double over the same period.

More than £100m has now been invested through Assetz Capital’s Innovative Finance ISA (IFISA), making up 23% of all invested funds on the Assetz platform.

Over 5,000 Assetz Capital IFISAs have been opened since it launched in 2017, with an average of more than £19,000 held in each of these accounts – nearly three times the average of £6,409 that is held across all ISA types according to the latest HMRC statistics available for the whole market.

State Street Corporation (NYSE: STT) today announced it has entered into a new partnership with iCapital Network[1], the financial technology platform setting the industry standard for delivering access and efficiency in alternative investing.

For us in the West, New Year feels like a distant memory. But, while we’re in the midst of ‘Dry Veganuary’, celebrations in China are just about to kick off.