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Citi | February 18, 2020
Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month. Set up by eight banks, including ING, BNP Paribas and HSBC in 2018, Contour has seen its ranks swell over the last two years, with Citi Ventures the latest to invest in the network. Formally known as Voltron, Contour uses R3’s Corda blockchain platform for a global network designed to digitise and modernise the $18 trillion trade fina...
SIA, JP Morgan | March 06, 2020
Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO. The firm, which is controlled by state lender CDP Equity, confirmed last month that it was beginning the listing process. It said then that it could issue ordinary shares on the Mercato Telematico Azionario market by the summer, although a merger with another payment’s player was not ruled out. Reporting its 2019 results, SIA says consolidated revenue...
Financial Management
BNY Mellon | September 11, 2023
BNY Mellon and Trustly have joined forces for an open banking payment solution with guaranteed settlement. This open banking payments solution ensures a smooth user experience and guarantees funds for business receivables. Bankify integrates BNY Mellon's proficiency in transaction payments with Trustly's prominent op...
Payments
QuickFee | August 04, 2021
QuickFee, a major payments solution supplier for professional and commercial service providers in the United States and Australia, is delighted to announce that its strategic partnership with BlueSnap has been expanded. BlueSnap is a global payments technology firm that provides a dependable payment gateway for high-growth B2B and B2C enterprises. The collaboration began when QuickFee introduced its Buy Now Pay Later offering in December 2020, which used BlueSnap's payment gat...
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