Search Results for: Global payments
UK foreign exchange provider to acquire international payments and FX services firm
May 15th, 2017
The Moneycorp Group has signed an agreement to acquire US-based corporate international payments business, Commonwealth Foreign Exchange, Inc. The acquisition, subject to regulatory licensing approvals, will allow moneycorp to extend the geographical reach of its payments platform, further supporting ...
KPMG acquires Matchi, global fintech innovation and matchmaking platform
May 10th, 2017
KPMG International has announced the acquisition of Matchi, a leading global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. The Matchi platform includes more ...
Airwallex payments settlement provider raised $13 million in a funding round
May 2nd, 2017
Airwallex raises US$13m Series A investment from Tencent, Sequoia Capital China and Mastercard Airwallex has raised US$13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments ...
Leading global transaction banks kick off blockchain proof of concept with SWIFT gpi
April 26th, 2017
SWIFT’s proof of concept will determine if distributed ledger technology can help banks reconcile their nostro accounts in real time SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test ...
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
Deloitte enables Bitcoin payments
April 10th, 2017
Deloitte is one of the many major corporations around the world keeping a close eye on bitcoin. It is good to see such a world-renowned brand promote the use of bitcoin, as it is a global payment solution everyone ...
PayPal Invests in $48 Million Series C of Korean Fintech Payments Startup
March 15th, 2017
South Korean Fintech firm Viva Republica has closed a KRW 55 billion ($48 million) Series C round of funding which saw participation from the likes of PayPal and other significant backers. Viva Republic is the developer opf Toss, a now-popular peer-to-peer ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Apple’s U.K. Suit Against Qualcomm Adds to Global Patent War
March 3rd, 2017
Lawsuit filed Thursday cites claim on patents and designs Apple says Qualcomm unfairly charges royalties for technology Apple Inc. sued Qualcomm Inc. in a U.K. court, adding to lawsuits across the globe in a sprawling battle over patents and ...
