Financial service company Stripe is reportedly on the verge of acquiring stablecoin platform Bridge in a deal worth up to $1.1bn. Despite neither company not confirming the deal is close to completion,…
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Revolut to set up shop at London’s Canary Wharf
Credit: Charles Bowman / Shutterstock Revolut’s global operations will be run from the London financial centre of Canary Wharf for at least the next 10 years. The fintech-neobank is relocating from its…
Mastercard and Salesfroce set up one-stop-shop for chargebacks resolution
Credit: Emagnetic, Shutterstock Mastercard and Salesforce have been working on a new integration focusing on resolution of customer disputes and chargebacks, having identified this as a significant challenge to the payments industry….
OpenPayd: 2024 trends set to shape the payment sector
Whilst 2023 was a year still recovering and enduring the plight of a current downturn in the global economy, 2024 is aiming to break out of this slump by introducing several new…
Swift set to build ‘important’ Australian payments service
Credit: Shutterstock Swift has been selected to build an industry wide Confirmation of Payee Service for Australian Payments Plus (AP+). Swift has been chosen by AP+ to build the Confirmation of Payee,…
EU AML authority to set up shop in Frankfurt in 2025
Shutterstock The European Council and European Parliament have agreed to launch a dedicated AML and counter-terrorist financing (CTF) authority located in the German city of Frankfurt. Establishing a EU-wide Authority for Anti-Money…
The Blockchain Bulletin: Coinbase set for 2024 growth
Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and heavily impacting the payments industry, with cryptocurrencies, NFTs and the metaverse revolutionising the space. This week, Coinbase unveiled…
Trustly set on redefining European payments as SlimPay takeover completed
Trustly Trustly has taken what the firm has described as a ‘significant step’ in achieving its European payments vision by completing its acquisition of SlimPay. Having secured regulatory approval for the acquisition,…
Report: Revolut 2023 set to double previous year figures
Shutterstock Revolut is set to smash its 2022 revenue in financial results for 2023 according to Bloomberg, which cited an investor presentation containing unaudited financial results. According to the business news outlet,…