MUFG Bank, Ltd., one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS network, the largest private-sector high-value clearing and settlement system in the world.
The Canadian government has promised open banking legislation by the end of the year and confirmed that the Financial Consumer Agency of Canada (FCAC) will oversee the new system.
A full-service payment solutions provider, Aurora Payments launches ARISE Payment Platform, a cloud-based, payment-agnostic modern payment system designed specifically for SMBs (Small and Medium-sized Businesses).
Toku, an all-in-one recurring payments platform announced today it has raised $9.3 million USD in its latest round of funding. Gradient Ventures led the round with participation from existing investors F-Prime Capital, Clocktower, Y Combinator, Wollef and Funders Club.