News

US-based payment system company ACI Worldwide has joined forces with payments technology company InComm Payments to digitise cash payments. The company said that cash payments are essential for some consumers, such as the unbanked or underbanked populations. The partnership will...

US-based money transfer company MoneyGram International has extended its existing partnership with Qatari telecommunications operator Ooredoo Qatar by five years. The renewed partnership allows MoneyGram customers to continue sending money to family and friends through Ooredoo Money Wallet, in almost...

worldlineWorldline has extended its collaboration with PSA Payment Services Austria, acting as the technical clearing and settlement partner for domestic and international interbank payments. PSA and Worldline aim to lay the groundwork for a new real-time payment platform for...

US-based financial technology services provider Global Payments has entered into a multi-year partnership with Google to deliver advanced cloud-based products and capabilities. Under the partnership, Global Payments will move its merchant acquiring technology to Google Cloud. It would help Google...

Latvia-based Citadele Bank has agreed to acquire the majority of the mortgage portfolio owned by ABLV Bank, which is in liquidation procedure. The mortgage portfolio includes several thousand mortgage loans with a total exposure above €170m. Citadele Bank stated that...

BlockFi has closed a Series D funding round, led by new investors Bain Capital Ventures, partners of DST Global, Pomp Investments and Tiger Global, at $350m. Investors including Susquehanna Government Products, Bracket Capital, Paradigm, Valar Ventures, Morgan Creek Digital, Akuna...

Bitcoin is known as the first-ever digital money successfully built on blockchain technology, a decentralized electronic cash system that many think aims to replace centralized financial institutions such as banks. However, Bitcoin creator Satoshi Nakamoto, known in the real...