Paysafe Launches Mobile Pay Service in the U.S.

Paysafe Group, a global payments provider, announced on Thursday it has launched its mobile pay service in the U.S. Paysafe reported that the solution was developed following strong interest from US small and medium-sized businesses (SMBs) in integrating mobile payment apps. Thirty percent of American card-present SMBs surveyed by Paysafe in September 2018 planned to add mobile apps by end-2020.

“Powered by iOS, Android, and Amazon apps developed with Apriva, the mPOS transforms everyday mobile devices into credit and debit card processing terminals by connecting them to an AnywhereCommerce-designed Walker BT card reader [through] Bluetooth. EMV chip- and MSR swipe-enabled, Mobile Pay’s lightweight and user-friendly card reader, which is powered by a battery with extended lifetime, enables merchants and customers to choose how cards are authorized, with keyed entry via the app also available. Traditional payment methods such as cash and checks are also supported as well as subscriptions and other recurring payments.”

While sharing more details about the launch, O.B. Rawls, President Payment Processing North America at Paysafe, stated:

“Smart phone and tablet usage in the US has never been higher, which is serving as a catalyst for the strong growth in mobile payments, especially in the SMB space. We’re therefore excited to unveil Mobile Pay, an mPOS solution that marks a true step forward in mobile payments through our partnerships with two ‘best in class’ technology companies, Apriva and AnywhereCommerce.”

Paysafe went on to add that Mobile Pay also offers merchants’ customers the security of EMV and PCI DSS compliance as well as convenience. Among other functionality, the mPOS supports fully customizable mobile receipts as well as paper copies.

Founded in 1996, Paysafe claims to be a leading global provider of end-to-end payment solutions. The company’s core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions.

Stripe Announces Launch in Malaysia

Payments platform Stripe announced on Monday it has launched its services in Malaysia. Stripe reported that businesses throughout the country may now easily accept and manage payments, as well as have access to the full Stripe stack, which includes Billing, Connect, Radar and Sigma.

“More than 80 percent of Malaysians already access the internet and as many as two-thirds of them do so via their smartphones. Despite the continued growth in connectivity, the country’s internet economy remains a small fraction of the overall GDP. With today’s launch, we want to help thousands more entrepreneurs and companies in Malaysia grow and scale their online businesses domestically and internationally.”

Stripe also revealed that since its beta launch earlier this year, it has been able to partner with several Malaysian companies to lead its payment charge. This includes e-commerce startups like FashionValet and Flower Chimp who serve customers around the region, companies with innovative new business models like dahmakan and RAGE Coffee, along with platforms and marketplaces like SOCAR and Easystore. Stripe went on to add:

“Through the feedback of these early partners and hundreds of others across the country, we’ve shaped our products to meet the local needs of Malaysian businesses.”

PayRue Announces New Partnership With TokenMarket For European Expansion

PayRue, a European based wallet focusing on exchange, transfer, and storage of cryptocurrencies, announced on Friday it has teamed up with global investment platform TokenMarket to continue its European expansion. PayRue reported that as part of the partnership, it has acquired TokenMarket’s decentralized crypto exchange that will launch under PayRue’s Estonian license. It was also reported:

Parties have also agreed on long term, exclusive marketing and promotional activity, combined with the integration of services across their respective platforms that totals 200,000 users.”

Speaking about the partnership, Mikael Olofsson CEO of PayRue, stated:

“Working with TokenMarket on a cryptocurrency trading platform is an exciting development for PayRue. Some may see the exchange market as crowded, but our view is that regulated decentralized exchanges are the next evolution and very few companies are prepared for this. We believe that our users will benefit from the security and transparency that centralized exchanges are currently failing to deliver, as showcased with the continuous hacks and fake trading volume.”

Ransu Salovaara, CEO of TokenMarket, also shared:

“We are excited to work with PayRue as we believe there will be a monumental shift to regulated wallets and exchanges. This partnership allows us to put all our focus on token issuance and the tokenized securities market, which we expect will be a billion-dollar business in the coming years.”

As previously reported, PayRue was created to support the growth and mass adoption of cryptocurrency. To do this, the company offers an application that allows users to exchange, hold, and transfer cryptocurrency.

PayRue is offering services that will support the growth for cryptocurrency as a new emerging asset class. With already built and working technology and growing user base we feel we are well positioned to further expand our user base whilst adding on new services and cryptocurrencies.”

The partnership comes just a couple of weeks after PayRue closed its equity crowdfunding campaign on Seedrs. The platform secured a total of £118,098 in funding through the funding round. PayRue TokenMarket Exchange will launch its non-custodial exchange in October 2019 supporting cryptocurrencies, utility tokens, and stablecoins.

Payment Technology Platform InComm Teams Up With Mizuho Bank to Expand J-Coin Pay in Japan

InComm, a payments technology company, announced on Monday it has partnered with Mizuho Bank to expand its payment service J-Coin Pay to its retail network in Japan. InComm reported that through the partnership, a network of more than 18,000 retail locations, which including pharmacies, supermarkets, home appliance retailers and discount stores will be able to accept J-Coin Pay.

“J-Coin Pay is a unique digital wallet, or a bank digital currency platform, created by 57 financial institutions. It allows customers to make payments, send and receive transfers, and perform other financial transactions on their smartphones. Customers are also able to use the smartphone app to move funds between their J-Coin Pay accounts (also known as peer-to-peer or P2P payments) and their deposit accounts at their financial institutions for free, anytime and anywhere.”

While sharing more details about the partnership, Takumaro Arai, Vice President and General Manager of InComm Japan

“J-Coin Pay was launched this year and its adoption rapidly grew among Japanese consumers, so being chosen to be a part of this is a great honor for InComm. Through this partnership, we’re not only helping shoppers pay in a modern and frictionless fashion, but also helping Japan achieve its goals towards digitizing payments.”
InComm went on to add that it is quickly expanding its payments technology product portfolio in Japan. Over the last few years, the company announced partnerships with the leaders in payment methods technologies, including QR and barcode payment services such as WeChat Pay, LINE Pay, d Payment (R), Alipay, Origami Pay, PayPay, auPAY, Resona Wallet, Rakuten Pay (App Payment) , Japan Post Pay, NAVER Pay, merpay, and PAYCO.

TransferWise for Banks Makes Debut in the U.S.

Fintech Unicorn and stealth bank Transferwise announced on Thursday it has brought TransferWire for Banks to the U.S. TransferWire reported that financial institutions of all sizes may now integrate with TransferWise and offer customers what TransferWire believe is cheaper, faster, transparent payments to more than 70 countries and over 40 currencies.

TransferWise for Banks lets financial institutions integrate with the TransferWise API so their customers can make international transfers at the same price and speed as TransferWise’s own 6 million customers. All transfers are sent using the real, mid-market exchange rate and cost only a small, upfront fee.”

TransferWise also revealed that Novo and Stanford Federal Credit Union are its first partners in the U.S.

“By integrating with TransferWise, both Novo and Stanford FCU are the first in the US to offer the TransferWise price and experience through their websites and apps.”

TransferWise went on to add that it has already launched in Europe and the UK by partnering with Monzo in the UK, Bunq in the Netherlands, LHV in Estonia, and N26 in Germany, and are working with BPCE in France.

Lendio Set to Double Sales Force; Announces Loan Product Offering Expansion

U.S.-based online lending platform Lendio announced this week it has plans to double the sales force at its Lehi, Utah, and Woodbury, New York, offices. The lender reported that it has hired 80 employees in 2019 and intends to add another 40 sales representatives by the end of the year, with plans to bring on another 40 in the first quarter of 2020.

Lendio also revealed it plans to showcase its selection of loan products for small businesses, with a 10% increase in the number of product offerings in the coming year.

“The company’s recent expansion and plans for growth are a direct response to the growing demand for capital among small business owners in the U.S. Lendio’s SMB Economic Insights report shows the demand for business loans in Q2 2019 increased by 57% over the previous three-quarter average. Additionally, more and more business owners are looking to online lending to meet their unique capital needs. According to the Federal Reserve 2019 Small Business Credit Survey, the number of applicants turning to online lenders has nearly doubled since 2016.”

Speaking about the expansion of both team and products, Brock Blake, CEO and founder of Lendio, went on to add:

“Business owners are hungry for growth capital. But they have unique requirements. Lendio’s specialized sales team takes the high-tech, high-touch approach to facilitating funding. They offer business owners a quick, tech-driven application and loan matching process, but also provide a hands-on, consultative service to help them select the best loan.”

Block.one Announces Opening of U.S. Operations in Washington D.C. Metro

Block.one, the creator of the EOSIO (EOS) blockchain protocol, announced earlier this week it has opened U.S. operations at its headquarters in Arlington, Virginia, which is located in the Washington D.C. metro area. According to Block.one, the new location is its fourth global site.

As previously reported,  Block.one is a software publisher specializing in high-performance blockchain technologies. Block.one’s first project, EOSIO, is described as an open-source blockchain protocol designed to enable secure data transfer and high-performance decentralized applications, has received global recognition as the first performant blockchain platform for developers, following its introduction in May 2017.

Speaking about the new location, Block.one CEO Brendan Blumer, stated:

“We are excited to be setting up Arlington, Virginia as our U.S. headquarters. The region boasts a rich combination of security, engineering, and IT skills that we seek, and its proximity to the nation’s capital positions us close to the policy innovation around digital assets and distributed ledger technology in the U.S. This expansion opens up important new avenues of talent expansions for us at a time when there is rapidly increasing demand for blockchain-based technologies.”

Block.one also reported that it is committed to creating 170 high-skills jobs in Arlington over the next three years. The company employs more than 80 engineering and research and development workers in Blacksburg, Virginia, which will remain a significant innovation hub for Block.one.

Block.one went on to add that it continues to scale its offices in Hong Kong, Los Angeles, and Blacksburg, Virginia.

Bithumb Global Announces Plans to Launch in India

Bithumb Global, the global platform for Bithumb, a South Korea- based digital asset exchange, has announced its plans of coming to India. Bithumb reported that it will now onboard Indian customers with a sign-up incentive along with the opportunity for Indian exchanges to become a partner, giving them a sound liquidity base to grow.

Founded in 2014, Bithumb currently has more than ten million registered traders with accumulative transaction volume exceeding $1 trillion. The platform currently owns 59.19% of the Korean market bitcoin transaction volume and accounts for the 15% of the global market.

As a launch offer, Bithumb reported that it has introduced an incentive strategy for new user sign-ups. It will give every new user who signs up and completes the first step of KYC (email verification) an incentive of $10. Bithumb then added:

“The Bithumb Global Partner program is now officially open to Indian users. The benefits of becoming a Bithumb Global Partners will include Bithumb Global support which means the India retail traders will have high liquidity since Bithumb has high volumes of top tokens and order book sharing. Additionally, there will be project staging opportunities that would be promoted by all Bithumb Global Partners along with a vast number of more benefits.”

Stripe Makes Debut in Eight More European Countries

Payments platform Stripe announced on Monday it has launched its services in eight additional European countries. The countries are Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, Greece, and Portugal.

Stripe claimed since its launch in 2011 tens of thousands of businesses across Europe has asked the payments platform to expand to their countries.

With today’s launch, we want to help thousands more entrepreneurs and companies in Europe grow and scale their online businesses. As just a couple of examples of the breadth of businesses building on Stripe already: Andcards from Poland uses Stripe to automatically bill their customers across the world in local currencies; Click & Grow from Estonia uses Stripe to sell a smart indoor garden to a global customer base. Thanks to the hundreds of companies that helped us shape our product during our beta.”

The European expansion comes just days after Stripe announced the launch of its new service, Stripe Capital, which allows internet businesses running on Stripe to access funding. As previously reported, with Stripe Capital, businesses will have the following:

  • “Quick” Access: No lengthy applications or collateral obligations; approved funds typically hit a business’s Stripe account the next day.
  • Eligibility is data-driven: Eligibility is determined based on a company’s history on Stripe.
  • Repayments are automated and flexible: Businesses repay money as they make money and they repay the loan with a fixed percentage of daily sales; there are no recurring interest charges or late fees.
  • Platforms can offer access to capital to their business users: Stripe Capital is also available to platforms and marketplaces on Stripe Connect. These B2B platforms can now offer their customers smart financing, with access powered by Stripe.

Will Gaybrick, Stripe’s Chief Product Officer, stated at the time of the service’s launch:

“Stripe Capital makes it easy for internet businesses to get the funds they need, when they need them. It’s important to think about financial inclusion not just in terms of consumers, but also in terms of businesses. Businesses, especially small businesses and startups, are the engines for job creation in our economy. It should be trivially simple and lightning fast for them to access the capital they need to smooth their cash flow and invest in their own growth.”

Klarna Announces Expansion of Existing Partnership With Online Fashion Platform boohoo group

Payment processing platform Klarna announced on Thursday it has expanded its existing partnership with online fashion platform boohoo group to include both the US and UK. Klarna reported that US online shoppers at boohoo group’s four brands, which are boohoo, boohooMAN, PrettyLittleThing and Nasty Gal, can benefit from Klarna’s flexible Pay in 4 payment option.

Klarna further explained that UK customers will have access to its Pay in 3 later this year, which will ensure they may buy their favorite clothes, shoes, accessories and beauty products in interest and fee-free installments.

The expansion of partnership with boohoo group comes just after the duo’s successful collaboration across Germany, the NetherlandsDenmarkSwedenNorway, and Finland,

“With a focus on improving every part of the shopping experience for their customers, boohoo group continues to push boundaries to make shopping smoother and more convenient for their customers.”

Speaking about the partnership, Michael Rouse, Chief Commercial Officer of Klarna, stated:

“Shoppers today expect more from brands and 76% of retailers told us that they are working harder than ever to win customer loyalty. In this challenging environment it’s never been more important for retailers to get the customer experience right, and flexible payment options are a key part of this — 30% of millennial and Gen Z shoppers say payment choice is a top driver of loyalty for them. Working together with boohoo group, we’re waving goodbye to the idea that there’s a one size fits all‘ method where payments are concerned, and instead creating solutions that suit their customers’ needs and drive growth — both in the UK, Europe and the U.S.”

John Lyttle, Chief Executive at boohoo group, added:

“Our customers in Germany, the NetherlandsDenmarkSwedenNorway and Finland love the convenience and control that Klarna’s payment options offer them, so expanding our partnership to include the UK and the US was the obvious next step. This move will not only help us cement customer satisfaction and loyalty — it will also ensure we retain our competitive edge and are well positioned for future growth globally.”

IBM Announces Expansion of Cloud Capabilities in Latin America

IBM (NYSE: IBM) announced earlier this week it is expanding its cloud capabilities to Latin America by late 2020. According to IBM, the new IBM Cloud multizone region (MZR), which will be in Brazil, is set to become IBM’s first in Latin America and will help clients in the region quickly deploy mission-critical workloads and applications across hybrid cloud environments.

“Located in São Paulo, Brazil, the new MZR will be designed to provide clients with a consistent set of IBM public cloud services, from enterprise-grade infrastructure to AI services. The MZR will help increase disaster recovery capabilities by interconnecting three independent availability zones – each of which contains independent cooling, networking and power — within the same geography.”

Alejandro Florean, Consulting Vice-president of IDC Latin America, stated:

“As organizations seek to increase their pace of innovation to stay competitive, they are looking to open source, hybrid multicloud environments that can ignite a new wave of digital innovation from new projects and modernization of legacy systems. IDC expects that by 2022, over half of Latin American GDP will be made digital, heavily enabled by enterprises advancing in their journeys to the cloud. With this new cloud multizone region, IBM is well positioned to help enterprises in Latin America differentiate themselves in their industries by capitalizing on this emerging hybrid multicloud world.”

Ana Paula Assis, General Manager of IBM Latin America, added:

“The cloud market is being redefined as hybrid. As companies shift more of their business applications to the cloud, they are looking to build efficiencies and maintain security as they look to manage data, services, and workflows across a hybrid multicloud environment. The new IBM Cloud multizone region is being designed to bring a portfolio of enterprise-grade infrastructure and services to deliver our best possibilities and benefits of hybrid cloud to clients in Latin America.”

Fintech Unicorn TransferWise Launches Debit Mastercard in Australia & New Zealand

Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand.  Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when they spend money overseas.

Traditional bank cards weren’t built to travel. You’re charged foreign transaction fees every time you tap or swipe abroad — on top of the bad exchange rates your bank might give you. We don’t think that’s fair. So we’re proud to launch the TransferWise Platinum debit Mastercard for people and businesses in Australia and New Zealand. It’s time to say goodbye to foreign transaction fees and crazy exchange rates. For good.”

Transferwise noted the debit card is part of its multi-currency account, which allows users to spend money with the real exchange rate, receive money for free and convert currencies with what Transferwise claims to be low fees.

Transferwise then added that users may manage everything from their phone or computer, and keep track of all their spending with push notifications.

“And if you leave your card at a cafe or in your Uber, not to worry — you can freeze and unfreeze your card with a click of a button.”

The Mastercard launch in Australia and New Zealand just a little over a month after Transferwise launched the card in the U.S.

“The TransferWise debit Mastercard can be up to 4x cheaper than other debit cards. It’s also 6x cheaper to take out cash from ATMs in other countries. Travelers, immigrants, and entrepreneurs like Tan France, the star of Netflix’s Queer Eye, already love the money they’re saving when they spend in different currencies around the world. Not to mention the pop of bright green that the card brings to his outfits.”

Transferwise recently raised $292 million at a valuation of $3.5 billion. Crowdfund Insider’s JD Alois recently asked TransferWise when it is going to launch interest-earning accounts and the company answered with the following tweet. 

Stripe Expansion: Digital Payments Platform Announces Opening of Mexico City Office

Digital payments platform Stripe announced on Tuesday it has launched its newest office in Mexico City. According to Stripe, the office is its first in the region and will be home to teams focused on building products for the most ambitious technology companies in Latin America.

“With our office in Mexico City, we’re going to hire across a wide variety of roles, including engineering. Our initial focus will be expanding and adapting Stripe’s global payments and treasury network across the region. Over time, we expect teams in Mexico to build entirely new products in order to accelerate the growth of Latin America’s internet economy.”

Stripe also noted that Mexico has a strong engineering culture and a lot of highly-trained local talent. The platform added:

“By hiring in Mexico City, alongside the 14 other countries Stripe is hiring in today (including our remote hub), we plan to continue to adopt a truly global development model. Our aspiration is to build a world-class team here—tightly integrated with our global engineering organization to build products for entrepreneurs and businesses in Latin America and the rest of the world.”

Wirecard Announces Expansion of Cooperation With lastminute.com For Global Digital Payments

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it is expanding its collaboration with lastminute.com and is taking over payment acceptance for the online travel and leisure retailer as one of its acquiring partners. Wirecard reported that in addition to the issuing of B2B and B2C travel cards, payments carried out on lastminute.com will be handled through its digital financial commerce platform.

Speaking about the collaboration, Jan Rübel, Head of Sales Travel & Mobility at Wirecard, stated:

“We are excited to expand our cooperation with lastminute.com and bring them in to our digital financial commerce platform,” said. “We have a long and successful track record of providing lastminute.com with tailor-made digital financial services. Now that payments are completely seamless, digital and reliable, consumers can concentrate on preparing for their dream vacation.”

Rübel went on to add:

“We look forward to continuing the expansion of our business relationship with lastminute.com on a global scale.”

Illiquid Assets Network LiquidX Announces New Partnership With Asian Bank DBS; Expands Singapore Office

LiquidX, a global network for illiquid assets, announced on Tuesday it has welcomed DBS Bank to its network. According to LiquidX, DBS is a financial services group in Asia that has successfully completed a primary receivables transaction with one of its key relationship clients through the LiquidX network in the second quarter of 2019.

While sharing more details about the collaboration, Jim Toffey, CEO of LiquidX, stated:

“Our partnership with DBS marks another step towards building digital ecosystems that enable businesses to deliver efficient and easily scalable solutions to its customers across borders. DBS’ strong digital agenda also makes the bank an ideal partner as they share a common vision that digitization will play a key role in transforming the transaction landscape for trade finance and other adjacent working capital asset classes.”

Sriram Muthukrishnan, Managing Director and Group Head of Trade Product Management at Global Transaction Services of DBS Bank, also commented:

“We are excited to be working with LiquidX to bring new working capital solutions for our clients. We believe DBS’ and LiquidX’s innovative technology platform, streamlined legal framework, client network, and digitization strategy will be complementary and deliver superior and scalable solutions across multiple customer segments. We welcome such partnerships where focus is placed on improving the overall customer journey.”

LiquidX then noted that in addition to the partnership with DBS, it is expanding its office in Singapore. Rohit Goyal, head of Asia at LiquidX, went on to add:

“Asia is a key growth market for LiquidX and we see a tremendous amount of opportunity across our entire product set. Singapore has a vast and vibrant Fintech community, which coupled with governmental support for trade and commerce makes it a strong hub for our business. We have hired an exceptional team who bring a wealth of experience across asset management, commodities, trade finance and working capital. Our presence in Singapore puts us in position to benefit from the growth of digital trade networks in Asia.”

Klarna & ASOS Expands Global Payments Partnership to the U.S.

Payment processing platform Klarna announced on Monday it and global fashion brand ASOS have expanded their payments partnership to the U.S. According to the duo, the partnership will extend into the U.S. market in order to offer flexible payment options to shoppers. Customers may now choose to pay with four equal payments collected bi-weekly with no interest or fees. 

“This benefits the ASOS customer considering that 22% of shoppers say they struggle to afford the latest trends and would like an option to pay in installments or pay later – increasing to 37% for Gen Z and 30% for Millennials. A third said having the option to pay for their online purchases in four equal payments would help them better manage their finances and a quarter (24%) said it would mean they could buy more high-end products they could not usually afford. A fifth (21%) said it would allow them to ultimately spend more. With Klarna, these topical trend woes are solved with flexible, and more importantly, responsible spending solutions.”

While sharing more details about the partnership, Eve Williams, Brand Experience Director of ASOS, stated:

“At ASOS we want to give our customers choice in everything we do whether that is in the broad range of ASOS Design and branded products, smooth and fast delivery options or payment options.  We know these are all important to our customers – the addition of Klarna as a payment method in the US will help provide the best customer experience for our US customers.”

Michael Rouse, Chief Commercial Officer of Klarna, went on to add:

“Extending the ASOS partnership into the US speaks to Klarna’s global reputation among both its brand partners and customers. ASOS offers an accessible shopping experience. Paired with Klarna’s smoooth user experience and capabilities, customers in both the US and UK are now able to experiment and express themselves in the latest fashions with confidence.”

Visa’s Fintech Fast Track Program Launches in the U.S.

Visa announced on Wednesday it is launching its Fintech Fast Track program in the U.S. According to Visa, Fast Track aims to speed up the process of integrating with Visa, to allow startups the ability to more “easily leverage” the reach, capabilities and security VisaNet, which is Visa’s global payment network, offers, thereby helping fintechs scale “more quickly”

“Fast Track is possible in the U.S. thanks to collaborations with leading companies who provide services across the payments spectrum – from card issuance, to push payments integration, to Payment Card Industry (PCI) Compliance, as well as Know Your Customer (KYC) and Anti-Money Laundering (AML) support. Visa is launching Fast Track in the U.S. in collaboration with Alloy, BBVA Open Platform, Cross River Bank, Galileo, GreenDot, Marqeta, Netspend (TSYS’ Consumer Segment), Stripe, TabaPay, TSYS, Q2, and Very Good Security. Visa DPS will also support certain partners’ participation in the program.”

While sharing more details about the expansion, Terry Angelos, SVP and Global Head of Fintech of Visa, stated;

“In markets across the world, Visa has successfully rolled out the Fast Track program, linking arms with fintechs to provide a clear path towards getting to market, leveraging Visa’s scale, security, reach and strong network of partners. By launching Fast Track in the U.S., we are continuing our support for fintechs across the globe, with the goal of accelerating the growth of digital payments and creating better ways to move money everywhere.”

Visa’s Fast Track program, already available in Europe, Africa, the Middle East, Latin America and Asia Pacific, has successfully helped Visa propel the growth of the fintech industry around the world.

ADVFN Announces Expansion of Global Cryptocurrency Platform

ADVFN, a global stocks, shares and crypto information website, announced on Tuesday the expansion of its global cryptocurrency platform. According to ADVFN, the platform now covers more than 6000 cryptocurrencies, connects to all of the top global cryptocurrency exchanges (by volume) for trading data and has added a number of cryptocurrency tools. 

“On the site, crypto traders and investors can view a wealth of charts, data, news and toplists for thousands of mineable/non-mineable and listed/unlisted coins – and tokens – and be alerted to new ones entering the market. The site’s crypto lists split out the entire cryptocurrency market by numerous types and features, including platform and algorithm.”

Users have access to real-time, streaming market data on listed cryptocurrencies and tools including a Mining Profit Calculator, Cryptocurrency Converter, crypto to fiat converter and crypto to crypto converter, and The Crypto Trader, which is content for traders, featuring tutorials, the latest crypto news and analysis, and investment ideas. While sharing more details about the platform’s expansion, Clem Chambers, CEO of ADVFN, added:

“Our cryptocurrency platform is going from strength to strength and we’re delighted to see an ever-increasing interest in cryptocurrencies amongst our global userbase of 36 million. Cryptocurrencies and blockchain technology are here to stay and we feel we’re in an exclusive position as the only publicly-listed cryptocurrency information platform out there.”

Ripple Announces Expansion of University Blockchain Research Initiative Program to Japan

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it has expanded its University Blockchain Research Initiative (UBRI) to Japan. According to Ripple, the expansion brings on new partners including Kyoto University and the University of Tokyo. While sharing more details about the expansion, Eric van Miltenburg, SVP of Global Operations at Ripple, stated:

“University partners will continue to increase positive awareness of the transformative impact that blockchain technology will have across various industries. As the industry matures, the academic community plays a pivotal role in paving the road for innovative companies and entrepreneurs leveraging blockchain technologies and digital assets. Expanding the UBRI network across the globe to a wide range of university partners will only continue to promote and accelerate the development of blockchain technology and use cases.”

Emi Yoshikawa, Senior Director of Global Operations at Ripple, also commented:

“Japan is quickly becoming a leading force in crypto assets and blockchain. The region has always been forward thinking and exploring ways to improve the current financial system. We have seen high levels of interest from the academic community on topics around blockchain and crypto. Ripple is committed to engaging and inspiring students to become part of the workforce of the future, across areas such as blockchain, distributed computing, banking and fintech.”

Ripple then noted that UBRI has partnered with the world’s top universities to support on research, curricula development, conferences and events, and scholarships. Each university partner determines its own research topics and areas of focus. Ripple added:

“In addition to providing financial resources, Ripple is committed to collaborating with universities by providing subject matter expertise and technical resources as needed.”

Glint Pay Launches Gold Currency Products in the U.S.

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, announced on Monday it is launching its gold currency products in the U.S. and the selection of Boulder, Colorado as its U.S. headquarters.

As previously reported, Glint was founded in 2015 and is now on a mission to reintroduce gold as money into the global payments system. In 2018, the fintech released its mobile app and Mastercard to allow users to buy, store, and spend physical gold alongside national currencies and also built a proprietary technology platform providing real-time gold payments and multi-currency wallets with scalability in mind. Glint raised more than £2.1 million through its Crowdcube funding round in 2017. 

While sharing more details about the launch, Jason Cozens, Founder and CEO of Glint, stated:

“Our mission is to bring a reliable gold currency to the fingertips of everyone in the world. We are excited to introduce Glint to the U.S. market and continue our steady growth towards democratizing gold. Welcome to money’s new standard. Gold has a crucial historic role as money, and we see it defining a future whereby people can take control over their own income streams and not leave them to the mercies of banks. As the world inexorably moves to being cashless, Glint provides the perfect future-proofed solution to 24/7 globalized living.”

Clay Wilkes, CEO of Galileo, which is powering Glint’s integration with Mastercard in the U.S., went on to share:

“We welcome Glint’s innovation in the U.S. market, giving consumers the choice to use gold—rather than dollars—to support everyday financial activities like buying a cup of coffee, paying bills or even getting cash from an ATM. Our robust APIs provide the flexibility for Glint to make gold-based transacting in the U.S. as simple and convenient as using a debit card. Glint identified an untapped opportunity and we’re delighted to work together to deliver a scalable solution that leverages the Mastercard payments network.”

Glint also noted that its U.S. office has a team of six people leading Operations, Compliance, Customer Service, Sales and Marketing. Cozens commented:

“We decided on Boulder, CO for our U.S. headquarters due to the state’s rich history in gold mining, vibrant culture and pristine natural surroundings. Boulder has also become a leading location for technology innovation, so the local talent pool will help us achieve our growth goals.”

Glint added that to date it has more than 50,000 app downloads, tens of thousands of registered users and more than $50 million in transacted volume.