News

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...

MoneyGram, a provider of money transfer services, and Canada Post have introduced a new digital money transfer service to better serve the customers. The new digital money transfer service will allow money transfer consumers to begin a transaction online and...

BBVA initiated its new brand strategy and updated logo originally announced in April, beginning the process of replacing tens of thousands of physical logos -- and thousands more digital ones -- with the bank's new mark. In the U.S.,...

Fintech company PayU has agreed to acquire Turkish digital payment services provider iyzico for $165m (£129.7m). iyzico enables secure payments to more than 300 marketplaces. Its network includes more than 400,000 personal sellers of varying sizes and about 30,000 online...

Brex, the credit card built for scaling business announced it closed a $100m (£78.5m) investment round led by Kleiner Perkins Digital Growth Fund, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks...

Payment technology major Visa has commercially launched its non-card-based payment network, Visa B2B Connect, which allows seamless bank-to-bank cross-border business transactions. Visa B2B Connect network will enable financial institutions to quickly and safely process high-value corporate cross-border payments across the...

Zurich Insurance Group has wrapped up its previously announced A$2.85bn (£1.57bn) acquisition of OnePath Life, the former Australian life insurance business of ANZ. OnePath Life provides a variety of wealth and insurance products through financial advisers or directly to customers....