Articles with tag: bl

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Bluecell Intelligence starts activity in Singapore; launches digital lending platform for SME loans

21 Oct 2020 | E-invoicing, SCF & E-procurement

Singapore-based Bluecell Intelligence (BCI) has announced that it is going to start its activity in the Singapore market, providing a new online platform for quick SME loan dealings.

Bluecell Intelligence, BCI, Singapore, startup, product launch, SME, loans

Emburse, TransferWise to streamline international expense reimbursements

21 Oct 2020 | E-invoicing, SCF & E-procurement

Emburse, a global expense management and accounts payable automation, has launched Emburse Global Reimbursements, powered by international payments provider TransferWise.

Emburse, TransferWise, partnership, reimbursements, SWIFT, cross border payments, accounts payable automation

Cordite Society launches Corda Network digital currency

20 Oct 2020 | Cryptocurrencies

Cordite Society, a co-operative society registered in the UK, has launched XDC, the first Corda Network digital currency, according to the official press release.

DeFi, stablecoin, cryptocurrency, token, Cordite Society, UK, Corda, blockchain, R3, CBDC

Billtrust acquired by South Mountain

20 Oct 2020 | E-invoicing, SCF & E-procurement

Billtrust, a B2B order-to-cash solutions provider, and South Mountain Merger Corporation have entered into a definitive business combination agreement.

B2B commerce, accounts receivable, AR, Business Payments Network, ERP, B2B payments, invoicing, Billtrust, automation

Accelerated Payments obtains GBP 20 mln financing

19 Oct 2020 | E-invoicing, SCF & E-procurement

SME funding provider Accelerated Payments has secured a GBP 20 million senior debt line from asset manager Channel Capital Advisors to expand AP’s receivables financing capability. 

Accelerated Payments, financing, SME, receivables, senior debt line, asset manager, Channel Capital Advisors, invoice financing, Europe, Ireland, UK, covid-19, FCA

CryptoBLK, CargoX accelerate digitalisation in global trade and supply chains

19 Oct 2020 | E-invoicing, SCF & E-procurement

Hong Kong-based CryptoBLK and Slovenia-based CargoX have partnered to streamline processes and accelerate digitalisation in global trade and supply chains.

CryptoBLK, CargoX, partnership, integration, blockchain, supply chain finance, Atlas Elite, DLT, Corda, Ethereum, Hong Kong, Slovenia

Mastercard, Stride partner to bring benefits to gig workers

16 Oct 2020 | Payments General

Mastercard has partnered with portable benefits platform for independent workers Stride to provide the ability to offer cardholders in the US access to affordable coverage plans.

Mastercard, Stride, gig industry, gig workers, benefits, independent workers, cardholders, US, United States, coverage plans, gig economy, payments, Portable Benefits Platform, fintech, MoCaFi, Jobble

Zwipe, TietoEVRY team up to develop new biometric payments solution

16 Oct 2020 | Digital Identity, Security & Online Fraud

Norway-based biometric payments provider Zwipe has teamed up with TietoEVRY, a Finland-based IT software company, to develop a new biometric payments solution that will be deployed in wearables and cards.

Zwipe, TietoEVERY, biometric, payments, cards, wearables

China's petrochemical industry rolls out blockchain warehouse receipt financing trade

16 Oct 2020 | E-invoicing, SCF & E-procurement

China's petrochemical industry has seen its first digital warehouse receipt pledge financing transaction that integrates blockchain and Internet of Things (IoT) technology successfully implemented in China.

supply chain finance, digitalisation, blockchain, IoT, financing settlements, warehouse receipts, order financing, data sharing, PBoC, Sinochem Energy High-Tech

20 arrests in QQAAZZ multi-million money laundering case

16 Oct 2020 | Digital Identity, Security & Online Fraud

20 individuals suspected of belonging to the QQAAZZ criminal network which attempted to launder tens of millions of euros on behalf of the world’s foremost cybercriminals have been arrested.

cybercriminals, Europol, fraud prevention, bank accounts, money laundering, cryptocurrency, banks, QQAAZZ, tumbling services

Standard Chartered partners with Secret Double Octopus

15 Oct 2020 | Digital Identity, Security & Online Fraud

Standard Chartered’s venture capital arm SC Ventures has made a strategic investment in Secret Double Octopus, an Israel-based startup providing passwordless authentication technology.

Standard Chartered, Secret Double Octopus, SC Ventures, strategic investment, Israel, startup, passwordless, authentication, Sony Financial Ventures, telecoms, KDDI, banks, financial institutions, cyber security, online threats

Adyen launches Giving in partnership with Gap, Delivery Hero, and Crocs

15 Oct 2020 | Online Payments

Adyen has announced the launch of Giving – a product feature that enables Adyen’s merchants to accept charitable donations during the online and in-store checkout process.

Adyen, launch, Giving, merchants, charitable donations, checkout, Gap, Delivery Hero, Crocs, point-of-sale, online checkout, online shoppers

Prime Trust integrates Bittrex into its system

14 Oct 2020 | Cryptocurrencies

US-based Open Banking solutions provider Prime Trust has integrated Bittrex, a blockchain technology and cryptocurrency exchange, into its system.

Prime Trust, Bittrex, open banking, blockchain, cryptocurrency, fiat, API

Italian banks together with SIA, R3, NTT Data join Spunta blockchain infrastructure for payments

14 Oct 2020 | Payments General

Spunta Banca DLT, an Italian initiative providing a blockchain infrastructure that supports the ABI Spunta application, has announced that it is fully operational.

Spunta, banking, Italy, punta Banca DLT, settlement, blockchain infrastructure, SIA, R3, NTT Data, payments reconciliation

Cypherium launches decentralised exchange CypherSwap

13 Oct 2020 | Cryptocurrencies

US-based Cypherium, an enterprise-focused blockchain platform has announced the launch of CypherSwap, a decentralised exchange (DEX) offering cross-chain compatibility.

Cypherium, CypherSwap, decentralized exchange, DEX, DeFi-centric, tokens, blockchain, AMM, United States, US, blockchain platform, Ethereum, XRP, cryptocurrency, Bitcoin

OakNorth Bank approves GBP 1.1 bln in new loans

13 Oct 2020 | Payments General

UK-based OakNorth Bank has approved GBP 1.1 billion in new loans to support UK businesses through COVID-19, including over GBP 400 million through the CBILS and the CLBILS. 

OakNorth Bank, loans, UK, United Kingdom, businesses, covid-19, CBILS, CLBILS, lending, economy, Ultimate Finance, The Jade Hotel, Red Oak Taverns, Dewing Properties, Bluegem Capital Partners

Central banks set out to regulate stablecoins like Facebook's Libra

13 Oct 2020 | Cryptocurrencies

Central banks have set out to regulate cross-border stablecoins with a common approach, adding that more rules may later be needed to ensure stability.

stablecoins, cryptocurrency, Libra, Facebook, banks, central banks, CBDC, bank capital, anti-money laundering, regulation

Uganda-based police hunt for mobile money hackers

12 Oct 2020 | Digital Identity, Security & Online Fraud

The Uganda-based police force has begun searching for hackers who accessed the systems of a third party that processes phone-based transactions.

Uganda, mobile money, hackers, fraudsters, third party, phone-based transactions, MTN Group, Standard Bank, mobile-money systems, Criminal Investigation Department, Bloomberg, utility bills, payments, cell phone

New NFC-enabled ring allows users to make payments and send information

12 Oct 2020 | Mobile Payments

Designer Philippe Starck has announced the launch of AEKLYS, an NFC-enabled ring that allows users to make payments and send information.

NFC, contactless payments, wearable device, debit and credit cards

Crypto to pose challenges to law enforcement activities, according to DOJ

12 Oct 2020 | Cryptocurrencies

Cryptocurrencies pose an emerging challenge to law enforcement activities; the US Attorney General William Barr’s Department of Justice (DOJ) has mentioned in DOJ’s ‘Crypto Enforcement Framework’.

Financial Action Task Force, cryptocurrency, money laundering, digital assets, DOJ, US, virtual assets, blockchains