John Collison, is an Irish entrepreneur, and is best known for having co-founded Stripe, a US technology company operating in over how many countries, that allows both private individuals and businesses to accept payments over the Internet?
John Collison John Collison (born 1990) is an Irish entrepreneur. He is best known for having co-founded Stripe with his brother, Patrick. The brothers are worth at least $1.1 billion each, after San Francisco-based Stripe raised $150 million from CapitalG, an investment division of Google parent company Alphabet, and General Catalyst Partners.
Cross-Border Inter-Bank Payments System The Cross-Border Interbank Payment System (CIPS) is a payment system which, offers clearing and settlement services for its participants’ in cross-border RMB payments and trade. It is a significant financial market infrastructure in China. As planned, CIPS will be developed in two phases. On 8 October 2015, CIPS (Phase I) went live. The first batch of direct participants includes 19 Chinese and foreign banks which were set up in mainland China and 176 indirect participants which cover 6 continents and 47 countries and regions. On 25 March 2016, CIPS signed an MoU with SWIFT with mutual understanding of deploying SWIFT as a secure, efficient and reliable communication channel for CIPS’s connection with SWIFT’s members, which would provide a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardised and reliable environment. CIPS is sometimes referred to as the China Interbank Payment System.