PRESS RELEASE COPENHAGEN, 27 August 2020 – Coinify, Sygnum Bank and Galaxus announce the world’s first e-commerce transaction using a bank-issued stablecoin. The Sygnum Digital Swiss Franc (DCHF), pegged 1:1
Relying on a single provider for essential banking services can be catastrophic for your fintech. So how can you ensure to keep the payment tap on and payments flowing in the times of crucial failure of your banking provider
FORM3 is delighted to announce it has raised $33 million in a strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society and VC 83NORTH.
Following our Series B funding round in November 2018, Form3 has trebled in size and increased its annual recurring revenue by 160%.
The funding will strengthen Form3’s market-leading cloud-native payment technology, building significant functional enhancements, and accelerating our global expansion plans in existing and new markets.
Michael Mueller, Chief Executive Officer at Form3 said, “Our latest equity round is a testament to our growth and maturity in delivering highly secure, best in class technology for major financial institutions globally.”
Interview with the CEO of Accomplish Financial, Guy el Khoury Director General of the The Payments Association Tony Craddock speaks with Guy Raymond El Khoury, CEO of Accomplish Financial, a
Interview with the CEO of Accomplish Financial, Guy el Khoury Director General of the The Payments Association Tony Craddock speaks with Guy Raymond El Khoury, CEO of Accomplish Financial, a
Cashless payments were on the rise way before the pandemic. However, COVID-19 has forced consumers to abandon notes and coins in favour of mobile and contactless card payments. Recently, Nationwide revealed that, in a poll of 2,000 Brits, more than a quarter have gone two or more months without using cash. In addition, the usage of ATMs has seen an unprecedented drop of nearly 80% in some countries.
Although the pandemic may not be the final nail in the cash-coffin, the vast majority of payments are now digital – whether face-to-face or online. And while this is great for digital payment providers (and the taxman), merchants must now ensure their business models and payment methods are in line with consumers’ cashless expectations.
After uncovering a range of issues during recent visits to over 100 e-Money and payments institutions, the FCA published its latest ‘Dear CEO’ letter. The letter ended with a stern warning – “we will act swiftly and decisively if you fail to meet our expectations” – but what are some of the key areas raised and what do they mean for EMIs and PIs?
Blue Train’s Jeff Banks joined Gert Scholts, from The Best Sales Coach, for a chat on the success that can be achieved when Sales and Marketing teams work together in fintech collaboration.
