Iwoca lands £270m debt funding package from Citibank and Barclays
The lender says it plans to use the funding to expand its operations in the UK and Germany.
The lender says it plans to use the funding to expand its operations in the UK and Germany.
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
Citi figures suggest $5trn could be added to US economy in doing so.
US lender plans big infrastructure changes in the final months of the year.
US investment bank installs tech to reduce duplication.
US firm to use money for in-school student lending businesses.
Xero unveils the first wave of new features at Xerocon Atlanta.
After launching in 2016 in Singapore, Australia and Mexico, Citi Pay has arrived in the US.
Citibank and mobile operator 3 Hong Kong have co-launched an NFC mobile wallet in the form of a sticker for iPhone and mobile app for Android.