R3, a prominent blockchain company in the finance industry, has reportedly laid off one-fifth of its workforce. The company eliminated positions across different functions and...
ConnexPay has launched British pounds and euros currencies to expand the global presence of its all-in-one platform for B2B payments. This launch serves to benefit...
Bank of America has made its Pay by Bank payment solution available for euro currency payments, the bank announced Monday (Oct. 10). Offered in conjunction...
Since the first euros went into circulation over twenty years ago, few global developments have come close to the game-changing effect the single currency has...
The European Commission is looking at ways to get banks to use its TARGET Instant Payment Settlement (TIPS) system, which is designed to enable people...
The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other...
Money laundering took on a new meaning this past week after Dutch police arrested a man who had hidden $400,000 in cash inside the drum...
Switzerland’s SIX announced that it is increasing its stake in Germany’s Swiss Euro Clearing Bank GmbH (SECB) from 25 percent to 100 percent. SECB is a...
Got $9 million? You can buy a nice house on expansive grounds, and maybe a fancy car, or three. Or … you could buy a bank....