Saturday, December 1, 2018

European Central Bank launches TARGET Instant Payment Settlement system, making it easier for EU banks to compete with PayPal and other global tech giants (Stefano Bernabei/Reuters)

Stefano Bernabei / Reuters:
European Central Bank launches TARGET Instant Payment Settlement system, making it easier for EU banks to compete with PayPal and other global tech giants  —  FRASCATI, Italy (Reuters) - The European Central Bank launched on Friday a new system aimed at letting banks settle payments instantly across Europe …



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...