Global
Global: SumUp raises €590m at €8bn valuation
London-based mPOS vendor SumUp has raised €590 million in a funding round that values the firm at €8 billion – down from the ...
Global
Global: EBA calls for PSD2 and E-Money Directive to be merged
PSD2 should be merged with the Electronic Money Directive, says the European Banking Authority (EBA) in response to the EC’s call for feedback ...
Global
Global: UK Appoints New Trade Commissioner to Lead UK-Africa Trade and Investment Relationship
International Trade Secretary Anne-Marie Trevelyan today 23 June appointed John Humphrey as Her Majesty’s Trade Commissioner (HMTC) to Africa. HMTCs work closely with Ambassadors, ...
Global
Global: Bank of England’s warning to anyone who uses £20 and £50 notes ahead of September deadline
Bank of England’s warning to anyone who uses £20 and £50 notes ahead of September deadline. (PA) Anyone still using paper £20 and ...
Global
Global: Innovative solution for seniors wins JCT orthodox women’s hackathon
The 45-hour hackathon brought 140 religious women together to develop potentially lifesaving technologies, which included a flying defibrillator and technology to detect babies ...
Global
Global: Shopify Enters B2B eCommerce Market to Compete with Amazon
Shopify will be focusing on business-to-business (B2B) commerce, introducing tools to compete with Amazon, a Financial Times (FT) report said Wednesday (June 22). ...
Global
Global: Russia To Replace the Swift System With Its Own Blockchain Platform
Russia’s government organization has developed its own international payment blockchain platform to replace the Swift system. The Rostec Group is a cult of ...
Global
Global: Starling Bank reaches three million current account milestone
Starling Bank has passed the three million current account milestone, which includes more than 460,000 small business accounts. The figures come five years ...
Global
Global: FCA calls for input on the use of synthetic data to support financial services innovation
The Financial Conduct Authority has launched a study into the use of algorithmically generated synthetic data and its potential for safely opening data ...
Global
Global: Amazon Announces New CEO for its Worldwide Stores
Amazon, a giant technology company announced Doug Herrington as the new CEO of its worldwide retail stores. Herrington will be replacing Dave Clark ...