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UK-based fintech myPOS has become authorised as an Electonic Money Institution (EMI) by the Central Bank of Ireland.
payments , online payments, payment methods, expansion, e-money, EMI licence, ecommerce, POS
Credit card fintech Moss has announced receiving an e-money license from BaFin.
banking license, e-money, banking, virtual card, payment processing
Smart money app Plum has expanded to a new market in Europe, announcing its official launch in Belgium.
mobile money, e-money, investment, mobile payments, expansion, financial services, financing , financial inclusion
Philippines-based superapp Grab has said that GrabPay USD 0.27 InstaPay transfer fee will be implemented on 8 August 2022.
money transfer, instant payments, digital wallet, e-money, e-wallet
Global money transfer platform Western Union has announced a new agreement with South American ecommerce giant MercadoLibre to allow digital remittances to Mexico.
partnership, ecommerce, ecommerce platform, remittance, money remittance, money transfer, e-money, bank account
Link4 received an export grant through the Government of South Australia, allowing the firm to expand its services abroad, including the US to its list of international presence, after the UK, New Zealand, Singapore, and Saudi Arabia.
e-invoicing, e-money, cross-border payments, reconciliation
UK-based NatWest Bank has acquired fintech pocket money app Rooster Money in October 2021 and has recently relaunched as NatWest Rooster Money.
product launch, financial services, financial inclusion, digitalisation, investment, prepaid card, e-money, debit card
Global luxury fashion group Lanvin has announced a commercial agreement with Canada-based multinational ecommerce provider Shopify, to build a North American digital commerce platform.
ecommerce, ecommerce platform, online platform, e-money, partnership, luxury goods, online shopping
Payments platform Paysafe has announced that it is live and supporting private iGaming operators with payments in Ontario, Canada.
Paysafe, expansion, partnership, e-money
Lithuania-based electronic money institution Genome has provided Google Pay services on its virtual cards.
e-money, product upgrade, virtual card, Google Pay, contactless payments
US-based Gemini, a cryptocurrency exchange, has received a new e-money licence from the Central Bank of Ireland, the country’s financial services regulator.
e-money, digital wallet, e-wallet, cryptocurrency exchange, banking license
Revolut has launched payment services to refugees, regardless of nationality, fleeing Ukraine following the Russian invasion, the company states in a blogpost.
Revolut, Russia Ukraine War, online banking, e-money, FX
Elrond Network, a layer 1 blockchain, has acquired Romania-based payments firm Twispay, and with it the approval to issue e-money by the National Bank of Romania.
acquisition, e-money, banking license, blockchain, merger
Pakistan-based fintech platform NayaPay has raised USD 13 million in seed round led by Zayn Capital.
digitalisation, payment processing, e-money, banking license, online banking, funding, crowdfunding, online payments
The National Bank of Ukraine has issued new rules outing how banks will operate after the Martial Law declaration on 24 February 2022.
Russia Ukraine War, central bank, digital currency, e-money, cash, FX , cash flow
Electronic money company Aircash has teamed up with Paysafe to enable its users to top up their accounts directly with cash, using the Paysafecash solution.
Paysafe, partnership, product upgrade, mobile payments, digital wallet, money transfer, e-money
NPCI, State Bank of India, and Department of e-Governance, Government of Karnataka have partnered for enabling and implementing e-RUPI, a cashless and contactless payment solution for Indian students.
NPCI, central bank, e-money, digitalisation, QR code, POS
Facebook Messenger has announced that it is testing a new split payments feature that allows users to share the cost of expenses and bills directly through the app.
product upgrade, Facebook, online payments, mobile payments, e-money, QR payments, QR code
UK-based e-money institution Frost has received full authorisation from the Financial Conduct Authority (FCA) to provide financial services to customers in the UK.
FCA, e-money, digital banking
The European Central Bank’s Governing Council has announced a new framework for electronic payments.
European Commission, regulation, e-wallet, e-money, central bank, crypto asset, online payments