In the last 24 hours, it has been reported in Cointelegraph that Coinbase has suspended UK customer deposits via Faster Payments and is relying on international bank transfers made through SWIFT, with a minimum deposit of £1,000. Read more »
World-leading biometrics company, Fingerprint Cards (Fingerprints™) and Giesecke + Devrient Mobile Security (G+D), a global mobile security technology company, are collaborating to bring contactless biometric payment cards to the market. Read more »
nexo standards, the international association dedicated to enabling fast, interoperable and borderless payments acceptance, today announces that Alipay and Lyf Pay have become Principal and Associate Members of the association respectively. Read more »
British contemporary fashion brand Superdry and leading payments provider Klarna have today announced a perfect-fit partnership, enabled by Adyen. Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in the US, making everything from jackets to jeans more accessible to Superdry customers globally. Read more »
SWIFT announces the results of a global trial to integrate SWIFT gpi Instant, the co-operative’s cross-border instant payments service, into Singapore’s domestic instant payment service, Fast And Secure Transfers (FAST). Read more »
AutoRek are thrilled to announce we will present the new version of VanguARd, our automated cash allocation tool, at the Cforia European User Group on 18 July. The event takes place at the Brewery on Chiswell Street, Central London and all interested AutoRek users are invited to attend. Read more »
Travellers now choose to pay for digital travel with alternative methods more often than cards and cash combined, accounting for 51% of global travel e-Commerce spend. The way people shop and pay for travel is changing according to ‘The Travel Payments Guide’, a new report from ppro and Amadeus, charting the rise of alternative payment methods. The two companies have partnered to enable travel companies to accept high-growth alternative, local... more Read more »
SWIFT today announces the further enhancement of its gpi service with the full go-live of SWIFT gpi for corporates, a capability designed and built in conjunction with banks and corporates which enables multi-banked corporates to initiate and track payments across multiple banks directly from their treasury and payment systems. More than 50 of the world’s largest companies – including LVMH, Microsoft and Petronas – have already signed up to the... more Read more »
SumUp (sumup.co.uk), announces today that it has raised a €330m facility from Bain Capital Credit, Goldman Sachs Private Capital, HPS Investment Partners, and TPG Sixth Street Partners. Read more »
The U.S. governmental hearings on Facebook’s new cryptocurrency will boost the crypto sector and underscores that digital currencies are now mainstream. This is the bullish assessment of the CEO and founder of one of the world’s largest independent financial advisory organizations, deVere Group. Nigel Green’s comments come as the social media giant prepares to defend its cryptocurrency project, Libra, on the Hill. The Senate hearing will take... more Read more »
Lemon Way, the pan European payment institution, has today been appointed as the UK partner for online investment platform Angels Den Funding. Lemon Way, who manage crowdfunding and crowdlending payments for nearly one thousand platforms across Europe, will handle all payment transactions in the UK for Angels Den Funding. Their focus will be on providing a better customer experience, while ensuring full compliance with market regulations,... more Read more »
With Transport for Greater Manchester (TfGM) today launching contactless payments on Manchester’s Metrolink tram network, new research commissioned by Visa looking into travellers experiences using public transport, reveals half (49%) of UK commuters view the introduction of contactless payments as the single most significant improvement to their overall public transport experience. Read more »
U.S. President Trump is wrong and is placing himself on the wrong side of history on Bitcoin – but cryptocurrencies should be regulated, says the boss of one of the world’s largest independent financial advisory organizations. Nigel Green, the founder and CEO of deVere Group, is speaking out after Donald Trump took to Twitter to say: “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile... more Read more »
Crypto.com, the pioneering payments and cryptocurrency platform, announced that its Crypto.com Chain Token (CRO) has listed on Huobi Global with deposits and trading now available. The trading pairs are CRO/BTC, CRO/USDT, and CRO/HT. Huobi Global (HBG) is an online digital asset trading platform that supports exchanges or investment services between various cryptocurrencies. It provides real time price quotation, charting, and trading... more Read more »
CEX.IO has officially received a Distributed Ledger Technology (DLT) licence issued by the Gibraltar Financial Services Commission (GFSC). Gibraltar is proactively supporting innovation and ensuring that business complies with regulatory requirements at the same time. In 2018 they have created a special DLT framework for businesses that transmit and store virtual assets on behalf of their customers. Read more »
