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Banking Circle | June 11, 2020
Banking Circle has rolled out virtual IBANs for marketplace sellers. Amazon pays sellers in the currency of their bank account country, hence automatically converting the money and charging 3.9% of the transaction value for sending an international payment....
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Mollie | January 28, 2022
Mollie, one of the fastest growing payment service providers in Europe, today announced its partnership with subscription management platform Chargebee to help drive growth for its customers. The integration with Chargebee simplifies subscription billing for merchants, providing an easy-to-install, out-of-the-box subscription management platform that offers all leading European payment methods, including iDEAL, SEPA Direct Debit, and credit cards. It also offers local, multilingua...
Revolut | March 24, 2020
As it launches its financial super app in the US, Revolut hits back at rumours circulating on social media that it is facing financial difficulties as a result of the Coronavirus outbreak. The contraction in the economy caused by the Covid-19 pandemic has focused attention on the financial health of loss-making fintech firms as funding sources evaporate and exit options change significantly. The issue has been compounded by a swirling rumour mill on sites like WhatsApp and Twitter, spreading dis...
Wells Fargo | January 23, 2020
One of Wells Fargo & Co’s (WFC.N) top regulators plans to bring enforcement actions against as many as 10 former executives in relation to the bank’s sales practices scandal as soon as Thursday, a person familiar with the matter told Reuters. The Office of the Comptroller of the Currency (OCC) actions may result in monetary penalties against the executives and bans from working for OCC-regulated banks, the person said. Wells Fargo declined to comment. A spokesman for the OCC did ...
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