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ZERODHA’S TRADING PLATFORM KITE FACES CONNECTIVITY ISSUES; USERS VENT ON TWITTER


Online brokerage Zerodha reported connectivity issues on its flagship trading platform Kite via the Cloudflare network on certain Internet service providers (ISPs). Online brokerage Zerodha reported connectivity issues on its flagship trading platform Kite via the Cloudflare network on certain Internet service providers (ISPs). “We are getting reports of intermittent connectivity issues on Kite via

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ABTOT CHOOSES TRUST PAYMENTS TO BE ITS NEWEST PAYMENTS PARTNER


The Association of Bonded Travel Organisers Trust (ABTOT) has selected Trust Payments, the disruptive leader in frictionless payments and value-added services for merchants, to be its newest payments platform provider across its broad membership base. With well over 250 members, ABTOT provides a flexible, personal and efficient process to help travel merchants guarantee the safety of customer

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EPISODE SIX STRIKES DEAL WITH VIETNAM’S GALAXY FINX


Episode Six, a leading global payment and banking infrastructure provider, today announced a new relationship with Galaxy FinX, Vietnam’s newest fintech builder that is re-shaping the future of money and banking in the country. The deal represents two firsts for Episode Six: a partnership in Vietnam as well as with a pure-play virtual-bank builder in

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JP MORGAN WINS £1.4BN COURT BATTLE AGAINST NIGERIA


JPMorgan Chase has prevailed in a $1.7B U.K. court case against Nigeria regarding its role in a disputed 2011 oilfield sale, Reuters reported Tuesday. The civil case pertains to Nigeria’s sale of the offshore OPL 245 oilfield to Shell and Eni in 2011. Nigeria had alleged that JPMorgan was “grossly negligent” in following instructions from authorized government officials

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CRYPTO GIANT COINBASE PLANS LAYOFFS


Coinbase, the most popular cryptocurrency trading platform will cut about 1,100 jobs. the company said it was shaving off 18% of its workforce as it prepares to ride out a downturn in the crypto sphere. Cryptocurrency is in freefall with the market value of the digital assets falling below $1 trillion on Monday as investors dumped risky

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ALLICA BANK SECURES ADDITIONAL £55M FOR FUTURE GROWTH


Allica Bank – the FinTech challenger bank that seeks to empower Britain’s small and medium-sized businesses – has today announced it has secured £55 million in additional funding as it continues to make significant gains in the SME banking market. The latest funding builds on Allica’s successful £110 million Series B funding round in November 2021 –

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MONEYGRAM LAUNCHES PIONEERING GLOBAL CRYPTO-TO-CASH SERVICE ON THE STELLAR NETWORK


MoneyGram, a global leader in the evolution of digital P2P payments, and the Stellar Development Foundation (SDF), a non-profit organization that supports the development and growth of Stellar, an open-source public blockchain that allows money to be tokenized and transferred globally, today announced the initial roll-out of a first-of-its-kind global on/off-ramp service for digital wallets to

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COINME ANNOUNCES USDC-POWERED GLOBAL, BORDERLESS DIGITAL CASH AND P2P PAYMENTS


Coinme, a leading cryptocurrency cash exchange in the U.S., and Circle, a global internet finance firm and the issuer of USD Coin (USDC), today announced at Consensus 2022 a strategic collaboration to integrate USDC into Coinme’s global cash onramp and offramp ecosystem. The integration promotes financial inclusion by enabling borderless digital cash to be accessible across

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TRUST PAYMENTS PARTNERS WITH FEEDZAI TO STRENGTHEN RISK MANAGEMENT OFFERINGS


Trust Payments, the disruptive leader in fintech specializing in frictionless payments and value-added services, announced today at Money20/20 Europe a multi-year partnership with Feedzai, the world’s first RiskOps platform for financial risk management. Using Feedzai, a key market leader in safeguarding global commerce, Trust Payments’ customers will benefit from an advanced cloud-based risk management platform,

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STRIPE LAUNCHES AUTHENTICATION FEATURE FOR FAST SCA CHECKOUT


Stripe has signed up Wise as the first user of a new biometric delegated authentication feature for strong customer authentication (SCA) transactions. The new SCA rules mean that online transactions in Europe over a set amount are subject to two-factor authentication checks. While there is evidence that the new regime is already cutting fraud, Visa