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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...

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...

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...

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...

Bank of America Merchant Services to provide payment processing for Sezzle

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients. Sezzle will use Bank...

Invesco acquires asset manager Oppenheimer Funds from MassMutual

Invesco, a US investment management company, has completed acquisition of global asset manager OppenheimerFunds from Massachusetts Mutual Life Insurance (MassMutual). The acquisition of OppenheimerFunds has expanded the total assets under management (AUM) of Invesco to $1.2trillion (£0.94trillion). OppenheimerFunds was acquired by...

NatWest to pilot UK’s first intelligent cash management system with automated account crediting

NatWest and G4S are working together to pilot the UK’s first intelligent cash management solution for businesses later this year. This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having...

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