Company Statements
Cards & Payments
Visa to Acquire Rambus Payments Portfolio
Visa announced it has signed a definitive agreement to acquire the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus, a premier silicon IP and chip provider dedicated to delivering data faster and safer. The...
Cards & Payments
J.P. Morgan Launches E-Customs Payment Solution to Digitize Cross-Border Payments in China
The leading global financial institution J.P. Morgan announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods. The solution solves common...
Company Statements
Legal & General, Amazon partner to launch blockchain-powered PRT platform
UK-based Legal & General Reinsurance has partnered with Amazon to introduce ‘estua-re’, a pension risk transfer (PRT) execution platform powered by blockchain technology.
‘estua-re’ from Legal & General, is a single ecosystem is claimed to drive every stage of PRT...
Cards & Payments
Revolut launches Apple Pay for customers across Europe
Revolut's 4.9 million customers across the continent are now able to link their accounts to Apple Pay and create a virtual card for their digital wallets
Challenger bank Revolut has today launched Apple Pay compatibility for its customers in 16...
Banking
Ripple launches operations in Brazil
Blockchain payments firm Ripple has launched its operations in Brazil to expand its presence in the South American region.
The blockchain-based solutions provider has roped in fintech entrepreneur and executive Luiz Antonio Sacco as managing director to build the Ripple...
Company Statements
Vision 2030 enables Saudi Arabia’s public sector to drive digital Transformation
Riyadh to host Government DX Summit on 5-6 November 2019.
Digital transformation (DX) will remain a prime objective for the public sector with the entrants of new technologies steering away legacy systems providing value potentials, ease, convenience and improved methods...
Banking
Airwallex confirmed as latest fintech unicorn following Series C fundraising
Airwallex confirms unicorn status following a successful Series C fundraising round of $100m USD, valuing the company at over $1bn USD.
Airwallex’s Series C fundraising was led by DST Global, which has previously backed internet giants Facebook, Airbnb and...
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