Finance Durham Fund, which was established by Durham County Council and overseen by Business Durham, has today announced the investment of £750,000 in Growth Capital Ventures (“GCV”). The investment through Finance Durham, managed by Maven Capital Partners (“Maven”), will support GCV’s growth plans as it seeks to further develop its three main business units G-Labs, G-Ventures and Quva, as well as move premises to larger offices within County Durham. 

EBANX and Amazon announced a partnership in Colombia this Thursday, September 17, 2020, at the chapter one of the Latin America Summit, EBANX annual event about business in the region. Once the solutions are available, Colombian consumers will be able to pay for purchases within Amazon in their local currency and using local payment methods.

Openpay, the UK’s latest next-generation, interest-free payment solution, has announced Fulham Football Club as the latest addition to its merchant roster, with Fulham becoming the first football club to be supported by Openpay’s ‘Buy now. Pay smarter’ payment plans.

Cornerstone Brands is pleased to announce the completion of its acquisition of FXPress Payment Services Ltd. (“FXPress”) following the consent of the FCA. FXPress, a regulated Authorised Payment Institution providing cross-border payment services, is now a wholly-owned subsidiary of Cornerstone.

Cornerstone is also pleased to announce that it has received the consent of the FCA for the acquisition of Avila House by FXPress.

OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced the appointment of Ajay Keni as its Chief Technology Officer (CTO) to further transform the global financial services market with OneSpan’s Trusted Identity platform and solutions.

Accepting contactless payment can be a headache for any small business, store, or independent worker who must buy or lease expensive and cumbersome payment hardware. MeaPay cuts those hardware shackles and provides greater freedom by making payment possible on Near Field Communication (NFC) devices. 

Advanced technology and innovation have forever disrupted business operations of the past. With changing trends and customer expectation, product offerings, service and business operations has been the centre of the continuous cycle of adopting and adapting to latest technology and operation models. The financial service industry is no exception to this and has witnessed dynamic transformation pertaining to digital and technological aspects of product classification and conducting business.

Somalia’s largest private employer and leading telecommunications operator, Hormuud Telecoms, has announced that the numberof month-on-month mobile money transactions on its platform EVC Plus increased between the months of April – August, despite the onset of the COVID-19 pandemic in Somalia.