Company News

Wirecard Collaborates With Bank Mandiri to Provide Digital Payment Solutions to Customers

By Adrian Todaro November 20, 2019

Bank Mandiri, one of the largest Indonesian banks, has launched a new Customs Management service in collaboration with Wirecard. The service is a payment integration with the Indonesian DJBC, the Directorate General for Customs and Excise. It is anticipated to help corporate users execute customs and excise transactions. The service is accessible to the Banks’ […]Continue Reading

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New Blockchain-based Data Integrity Solution Launched by Sixgill

By Sarah Lavallee November 20, 2019

Sixgill LLC has been reigning the data automation and authenticity products market since its inception. Now it is all set to launch a blockchain-based data authenticity solution under the name Sixgill Integrity™ 1.0. This authenticity solution is all set to fulfill the most critical data authenticity needs of the enterprises with its robust potential that […]Continue Reading

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Pirelli Unveils Cyber Tyre That Uses 5G to Warn About Bad Road Conditions

By Brian Stanley November 19, 2019

Pirelli has unveiled a smart tire called the Cyber Tyre, which can communicate with a 5G network, and pass on real-time information about the road conditions to both the car driver as well as the network. The car driver can take remedial action as per the data received. The 5G network will pass on the […]Continue Reading

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Indosurya Finance Gets 50 Million Euros to Support SMEs

By Sarah Lavallee November 19, 2019

Indonesian multi-finance company Indosurya Inti Finance today announced that it has managed to raise 50 million Euros worth of funding credit facilities. The money has been raised from two globally renowned institutions; the Netherlands-based FMO and Proparco, From France. However, the important bit about the development is that the money is going to be used […]Continue Reading

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Tradeshift Establish New Office in Bucharest, Romania

By Sarah Lavallee November 19, 2019

Supply chain marketplaces and payments company Tradeshift has moved on to new premises in downtown Bucharest. The move to larger premises signals the company’s continued expansion in Romania. The new office of the company is located in the Tower Center, which is regarded as one of the most highly sought after locations in Bucharest for […]Continue Reading

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Gold-backed Crypto Firm Told to Stop Operations After Pyramid Scheme Allegations

By Adrian Todaro November 15, 2019

Karatbars, a German Cryptocurrency firm that sells “Cryptonized gold” tokens, has been ordered to stop operations by German government banking regulator BaFin, over allegations that it was running a pyramid scheme. BaFin issued a cease-and-desist order to Karatrbars parent firm Karatbit Foundation, which is registered in Belize. BaFin also asked the firm to settle all […]Continue Reading

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Patricia Sutter to head Wells Fargo Corporate Trust Services (CTS)

By Sarah Lavallee October 16, 2019

Industry veteran Patricia Sutter has been appointed as the new head of the Wells Fargo Corporate Trust Services on October 15. She replaces Troy Kilpatrick, who was presiding the position since 2014. Troy Kilpatrick has now taken charge of the Risk transformation work for the company. She will work in the Chicago office and will […]Continue Reading

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Banco Inter of Brazil Looking for Financial Services Partnership with Uber

By Sarah Lavallee October 14, 2019

A fresh report has revealed that Brazilian banking giant Banco Inter SA is exploring the option of tying up with ride-hailing giant Uber over a financial services partnership. A partnership of this nature is helpful to both the bank as well as the ride-hailing giant. A source who is close to the developments could not […]Continue Reading

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Binance Announce Launch of P2P Trading in China, Supports Alipay and Wechat

By Sarah Lavallee October 12, 2019

Leading cryptocurrency exchange Binance has announced the launch of Peer-to-peer trading also known as P2P in China. With the launch, the platform aims to extend support to traders making transactions via many popular Chinese payment apps like Alipay and Wechat Pay. The P2P services can be accessed by the citizens of China. According to a […]Continue Reading

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Indian Banks to Be Saved by Amazon and Flipkart

By Brian Stanley October 10, 2019

It is a well-known fact that banks in India are in trouble but it seems that they could be saved by e-commerce behemoths like Amazon and Walmart-owned Flipkart. The credit has dried up from banks all across the country and in such a situation; it is hard for any bank to survive for long. At […]Continue Reading