RCN

Reuters | January 20, 2020

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...

FINTECH

Trovata and Banco Santander | September 05, 2022

Trovata, the leading fintech in automating cash workflows through multi-bank API data aggregation for corporate finance and treasury teams, announced today a global distribution agreement with Santander. Through the partnership, Santander will market & refer Trovata’s cash management platform to its corporate & investment banking clients to modernize treasury workflows through data-driven automation. With Trovata’s next-gen platform, Santander offers its client...

BITCOIN AND CRYPTO

MoneyGram | June 13, 2022

MoneyGram and Stellar Development Foundation announced the initial roll-out of a first-of-its-kind global on/off-ramp service for digital wallets to increase the utility of digital assets by creating a bridge between cash and cryptocurrencies. The service, which is the result of a partnership announced in October 2021 between MoneyGram and SDF, is now available in several key remittance markets, including Canada, Kenya, the Philippines, and the United States, for the first wave of users, with gl...

PAYMENTS

Qolo | February 02, 2021

Qolo disclosed its plan about its INTERACT embedded processing functionality and platform licensing solutions. It will happen through its 100% native cloud capability. The initiative is taken in response to the existing industry’s challenges regarding payments and transaction processes that negatively impact customers. Qolo has introduced its INTERACT embedded processing capability by adopting cumbersome integrations. This functionality will support Fintech companies to contribute to the p...