Articles with tag like: digital money

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Russia's financial watchdog to present new concept of national digital currency

News | Cryptocurrencies | 19 Feb 2021

Russia’s financial watchdog has said it will present a more detailed concept for the national digital currency by summer, according to online publication RT.

Central Bank of Russia, digital money, cash, electronic money, digital wallet

CBDCs could be distributed through PayPal's digital wallets

News | Cryptocurrencies | 15 Feb 2021

Central bank digital currencies (CBDCs) could be distributed through PayPal’s digital wallets, Dan Schulman, the company’s CEO said, according to CoinDesk.

central bank digital currencies, CBDCs, PayPal, smart contracts, tokenization, digital money, US, digital wallets, Central banks

The untapped potential of digital money in cross-border payments and trading

Voice of the Industry | Payments General | 27 Jan 2021

The Paypers' Mirela Ciobanu dives deeper into how digital money can affect cross-border payments, and the challenges merchants have to face when trading internationally

The Paypers, digital money, cross-border payments, trading, COVID-19, ecommerce, currencies, supply, payment methods, regulations, global merchants, payment ecosystem, PSP, CBDC, crypto, stablecoin

Use of cash has decreased, while PaaS platforms increase during the COVID-19 pandemic

News | Online Payments | 27 Oct 2020

A report from Grand View Research has revealed that the global payments as a service market size is expected to reach USD 25.7 billion by 2027.

Grand View Research, report, research, Payments-as-a-Service, PaaS, merchants, digital money, contactless payments, e-wallets, digital wallets, COVID-19, pandemic, cash transactions, payee

Digital money should be part of the school curriculum

News | Payments General | 30 Sep 2020

Research from UK fintech Paysend has highlighted the need for the education system to incorporate the concept of digital money into the school curriculum.

digital money, financial literacy, cash payments, card payments, financial literacy, digitalisation, Paysend, UK

Airtel Africa, WorldRemit partner to grow money transfer business

News | Payments General | 20 Jul 2020

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

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

News | Mobile Payments | 26 May 2020

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

News | Cryptocurrencies | 27 Feb 2020

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

News | Cryptocurrencies | 30 Jan 2020

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

News | Payments General | 10 Dec 2019

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

News | Cryptocurrencies | 30 May 2019

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

News | Digital Identity, Security & Online Fraud | 26 Nov 2018

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