Articles with tag: digital money

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Remitly raises USD 85 mln to fuel growth

30 Jul 2020 | Payments General

Remitly has raised USD 85 million in a funding round to accelerate its growth amid the growing demand for digital money transfers following Covid-19 pandemic.

Remitly, funding, digital money transfers, expansion

Airtel Africa, WorldRemit partner to grow money transfer business

20 Jul 2020 | Payments General

Telecom and mobile money services company Airtel Africa has partnered with digital money transfer service provider WorldRemit for instant money transfer services expansion across Africa.

Airtel Africa, WorldRemit, money transfer, mobile money, digital money, instant money transfer, RDC, Uganda, Zambia, Tanzania, Malawi, Niger, Mobile Money accounts, Rwanda, Airtel Money, payments, mobile wallets, mobile financial products, fintech

Zhongguo Remittance, Aleta Planet team up for digital money transfers to China

05 Jun 2020 | Payments General

Singapore-based fintech Aleta Planet and Zhongguo Remittance, a Singapore-based money-transfer company, have launched Aleta China Express (ACE).

Zhongguo Remittance, Aleta Planet, digital money transfers, Singapore, payments, cross border payments, partnership, China

Samsung to expand its mobile payments platform with a new payment card

26 May 2020 | Mobile Payments

Samsung has unveiled that it is currently developing a payment card that will be associated with its Samsung Pay mobile payments platform.

Samsung, debit card, mobile payments, cards, money management, digital money, management account, transactions, POS, terminals

Bank of Canada to consult with stakeholders on digital currencies

27 Feb 2020 | Cryptocurrencies

The Central Bank of Canada has announced plans to consult with stakeholders on the possibility of launching a digital currency due to potential mass adoption of private digital currencies.

Central Bank of Canada, digital currencies, central bank digital currency, innovation, digital money, Canada

Uphold reveals commission-free crypto trading and user interface

30 Jan 2020 | Cryptocurrencies

Digital money platform Uphold has introduced zero-commission trading on cryptos, to open up affordable access to new asset classes for millions of retail investors.

Uphold, commission-free, cryptocurrency, trading, digital money, retail, ETF, investors, exchange, accounts, withdrawal, credit cards, debit cards

Token launches digital money company, M10 Networks

10 Dec 2019 | Payments General

Open Banking platform provider Token has announced the formation of M10 Networks, a new spin out company focused on developing digital money solutions.

Token, digital money, M10 Networks, payments, money transfers, settlements, remittances

Central German bank cautions over rolling digital central bank money

30 May 2019 | Cryptocurrencies

Bundesbank President Jens Weidmann has warned central banks to exercise caution in introducing digital currencies that could potentially destabilise the financial system during times of crisis.

Bundesbank, digital money, cryptocurrency, banks, financial crisis, Germany

Venmo seeks measures to deal with payments fraud

26 Nov 2018 | Digital Identity, Security & Online Fraud

After the wave of payments fraud earlier this year, Venmo has decided that, in order to diminish losses, they will shut down some user features to control the damage.

Venmo, PayPal, payments fraud, money losses, digital money, money transfer, fraudulent charges, bank accounts