Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe.

UK ATM network Link has set up a £1 million fund from which cash-starved communities can draw in order to install a free cash machine.

Ripple has launched a developer platform to help third parties build new products using its private cryoptocurrency XRP.

Analysts at Wells Fargo are forecasting that up to ten percent of bank jobs in the US will be wiped out by ongoing technological progress in the next ten years.

As businesses become increasingly concerned with paying their suppliers on time, Barclaycard Commercial Payments has launched an online hub designed to smooth the process.

Global network transformation services company, Xalient, has announced the appointment of Mike Shishman as Vice President, Americas.

In this role, Mike is responsible for leading and building Xalient’s team in the US to meet growing regional demand. He will also assume immediate leadership of three of Xalient’s flagship US-based accounts, Keurig Dr Pepper, Kellogg’s and Mondelez, based out of Xalient’s Chicago office.

 Volante Technologies Inc., a global provider of technology and software as a service to accelerate digital transformation and modernization in financial services, was named 

Financial IT speaks with Ed Medcalf, VP Business Development at Konsentus at Sibos 2019, London about the importance of Banking and  RegTech for financial institutions.

Refinitiv today announced it has launched its leading global electronic trading Matching service in Vietnam, as emerging markets in the Asia region continue to develop their financial markets and digitize FX trading capabilities.

The launch represents Vietnam’s first electronic marketplace for the trading of VND. Matching trades on a T+1 basis which is the most commonly traded value date.

Hardly a day passes without there being a new report on shrinking manufacturing output, increasing costs to business and fears of an emerging global recession. UK manufacturing activity is at its lowest level since July 2012; sales to the EU have dipped as European purchasing managers look closer to home in Brexit uncertainty; and US and Asian orders are falling, too, as signs of a global slow-down emerge.

The impact of these macro events flow down the supply chain to businesses across all UK SME sectors.