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The local currency credit line is financed by Morgan Stanley, Citi, Goldman Sachs and HSBC.
The product, which combines instant A2A deposits, and instant withdrawals and refunds, has launched in France, Germany and Spain.
Volt’s Jordan Lawrence called the partnership a “turning point” in the relationship between fiat currencies and digital assets.
The new partnership will make it “effortless” for US customers to switch their payroll to Douugh.
The Open Banking Expo Awards in association with Comma will take place on 7 July 2022.
Ripsy Bandourian joins Plaid to spearhead its expansion across Europe, and “help companies across the region make sense of Open Banking”.
Adyen is working with Apple so that its customers can use their iPhones to make contactless payments.
He will join the Open Payments gateway, after almost a decade at PayPal, to drive the adoption of its Open Banking products with merchants and PSPs.
Chile’s Paygol and Colombia’s Pago Digital have been acquired by the company.
The partnership aims to boost the Open Banking experience in European markets.
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