PayTech

Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

Manchester-based GoodBox, which provides charities with contactless payment tools, closed a £9m funding round from existing backers including tennis champion Andy Murray.

Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.

Orka Technology Group has topped up its coffers with a £29m funding round to fuel the growth of its earned wage access product Orka Pay.

Google Maps will enable street parking and transit payments.

Payment technology developer Promise has scored more than $20m in its Series A round which will help its goal of bringing update government payment systems.

UK FinTech giant TransferWise has renamed itself to Wise as the company is preparing to go public.

Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.

Fingerprint sensor technology could end up adding $5bn in biometric payments to banks around the world's revenues by 2026, according to UBS.

Gravy, which provides failed payment recovery services, has closed its Series A on $4.5m.