Friday, January 27, 2023
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

French Ingenico shares slump on US sales warning

Shares in French eftpos terminal supplier Ingenico slumped in early morning trading after the firm revised revenue guidance. Read more: www.finextra.com

Ant Financial appeals to MoneyGram in letter

Ant Financial President appealed to MoneyGram employees, customers and partners in an open letter expressing commitment to the deal. Read more: www.pymnts.com

Payments search for the power within blockchain

Credit union service organizations TMG and Co-op Financial Services have teamed with Mercator Advisory Group in a venture to discover the true potential of blockchain technology. Read More: www.atmmarketplace.com

Uber-rival Grab snatches Kudo to power up payments

South-East Asian Uber-rival Grab is boosting its payments powers with the acquisition of e-commerce and payments service Kudo. Read more: www.fintechroundup.com

TransferWise begins money transfer service in Vietnam

Transferwise now available for Vietnam. One of the hottest FinTech startups worth over a billion dollars, has begun serving the Vietnamese market. Read more: fintechnews.sg

Align Commerce rebrands to Veem, closes $24m

Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. Read more: www.fintechroundup.com

Square loses general counsel Dana Wagner

Square’s general counsel Dana Wagner is stepping down from his role at the end of September after five years at the payments firm.

Seedcamp sells part of its stake in TransferWise

Seedcamp, an early backer of TransferWise, has sold part of its stake in the London-based money transfer startup, in a Secondary dealing. Read more: techcrunch.com

Harbin Bank signs transaction laundering service deal

Under the Agreement, Austreme will provide 3 years of TLD Service to Harbin Bank to help them monitor registered merchant websites and transactions. Read more: www.finextra.com

Curve launches cashback rewards programme

Curve has teamed with over 50 UK retailers to reward Curve users with up to 5% back on their spending at participating retailers. Read more: www.finextra.com

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