Author: TMC Admin
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Klarna Enables UK Gambling Block For Direct Bank-to-Bank Payments Via Sofort
Klarna, a global retail bank, payments and shopping service, announced it is enabling banks to extend voluntary gambling blocks to open banking-driven payments powered by its subsidiary, SOFORT, helping protect hundreds of thousands of UK consumers. UK challenger bank, Monzo, was the first bank to introduce a gambling block in 2018, following demand from customers…
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The UK Fintech Scene Is Ranked as the Top Destination for Foreign Direct Investment by New Study
Despite the pandemic, economic downturn and Brexit, the UK continues to rule first place for investments into financial and professional services. This is according to a new report from the City of London Corporation, whose insight delves into why the island, and especially its capital city London, continue to draw in top levels of investment…
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Blockchain Association Singapore and BNY Mellon Collaborate to Drive Blockchain and DeFi Innovation
Blockchain Association Singapore (BAS) has announced that global financial institution BNY Mellon has come on board as a strategic collaborator. With the signing of a Memorandum of Understanding (MOU), BAS and BNY Mellon will cooperate to advance the blockchain ecosystem, driving global cooperation regarding institutional digital assets and decentralised finance (DeFi). BAS and BNY Mellon…