Goldman Sachs lends $125m to Mercado Credito as Latin American FinTech investments are booming
E-commerce giant MercadoLibre's credit unit Mercado Credito has strengthened its financial muscles thanks to a $125m loan from investment bank Goldman Sachs.
Revolut rolls out direct debit service in the UK
Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.
IMburse closes $1.7m bridge round
IMburse, a SaaS platform for global payments, has closed a $1.7m bridge round.
SwatchPAY! launches in Germany and Austria, as Europe’s appetite for wearable payments soars
SwatchPAY! has launched in Germany and Austria, with Wirecard serving as its exclusive payment partner.
The Netherlands leads Europe’s surge in wearable payments
Wearable payments are becoming more popular across Europe and the Netherlands is leading this charge.
Alipay forms partnership with Finablr
Alipay has partnered with Finablr, a payments and foreign exchange platform, to allow its customers access to remittance services in 270 countries.
Ripple invests $50m into fellow money transfer company MoneyGram
Ripple has invested $50m into MoneyGram, a fellow money transfer company.
Warning about new e-commerce phishing scam raised in the run-up of Black Friday
From: RegTech Analyst Just as customers are gearing up to tap into one of the biggest shopping events of the year, cybersecurity experts warn about...
Westpac’s chairman and CEO to step down amid AML scandal
Australian bank Westpac will see its CEO Brian Hartzer step down next week as the lender is facing money laundering and terrorism financing allegations.
A quarter of UK shoppers would rather queue on Black Friday than buy something...
One in four UK shoppers find queuing instore during Black Friday is a more relaxing experience than buying something on their mobile phone, new research from Judopay claims.
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