London

Conferma Pay, Sabre and Mastercard Issue B2B Virtual Travel Payment Cards

UK virtual corporate card provider Conferma Pay and US travel tech company Sabre have partnered with Mastercard to issue virtual cards for B2B travel payments. The solution involves generating single use card numbers to enable travel buyers and suppliers to

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BVNK Acquires System Pay Services to Provide Licensed E-Money Services

UK crypto payments platform BVNK has acquired payments company System Pay Services for its Electronic Money Institution (EMI) license after receiving Financial Conduct Authority (FCA) approval. The EMI license enables BVNK to broaden its product offering to include e-money services,

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Quid Launches Multi-Currency Wallet for SMEs With Visa’s Currencycloud

UK business banking platform Quid Global and cross-border payments platform Currencycloud have partnered to launch Quid’s multi-currency global wallet for businesses. The integration with Currencycloud will provide Quid’s SME clients with a multi-currency wallet that can convert between EUR, GBP,

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Estonia’s Kriptomat Partners Volt for Real-Time Payments for Crypto Trading

Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies. Prior to integrating with Volt, Kriptomat customers used bank transfers, credit cards and e-wallets

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UK’s Starling Bank Blocks All Transactions to and From Crypto Platforms

London-based Starling Bank recently announced in a text to its users that it has decided to block all incoming and outgoing transactions to crypto exchanges and other crypto platforms. Starling Bank says that while the technology and thinking behind cryptocurrencies

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Railsr Launches Data Dashboard for Brands to Track Customer Trends

London-based embedded finance platform Railsr has launched Insights, a dashboard for brands to access data-driven insights on their customer base to optimise the end consumer product. Railsr’s Insights allows brands to track customer data such as account approval rates, card

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Finastra Partners Fragmos Chain to Digitalise OTC Derivatives Post-Trade

Finastra is collaborating with French blockchain platform Fragmos Chain to provide out-of-the-box integration with Finastra Summit, its over-the-counter (OTC) derivatives market solution. The API-first integration via FusionFabric.cloud enables banks globally to digitalise their OTC derivatives products to reduce the costs

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Italian Neobank HYPE Automates Customer Identity Verification With Onfido

Italian neobank HYPE has partnered with London-based identity verification and authentication provider Onfido to automate its customer onboarding process. Launched in 2015, HYPE provides 1.7 million customers with services such as P2P and bill payments, transfers, savings management, and other

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UBS Leverages iProov’s Face Verification Technology for Bank Account Opening

UBS has partnered with London-based identity verification company iProov to offer automated identity verification during the account opening process. UBS launched the UBS key4 banking app earlier in the year to enable clients to carry out their banking transactions entirely

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Revolut Surpassed 25 Million Customers, Eyes Further Global Expansion

Global remittance app Revolut announced that it has surpassed 25 million retail customers worldwide, up from 20 million in July, and is now processing over 330 million transactions a month. The company also plans to expand in Brazil, India, Mexico

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