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myPOS receives EMI licence from the Central Bank of Ireland

News | Online Payments | 21 Sep 2022

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 receives BaFin license

News | Online & Mobile Banking | 19 Sep 2022

Credit card fintech Moss has announced receiving an e-money license from BaFin.

banking license, e-money, banking, virtual card, payment processing

Plum rolls out personal finance app in Belgium

News | Mobile Payments | 20 Jul 2022

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

GrabPay postpones InstaPay transfer fees

News | Mobile Payments | 19 Jul 2022

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

MercardoLibre and Western Union partner for digital remittances to Mexico

News | Online Payments | 12 Jul 2022

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

Australian fintech Link4 expands to the US

News | E-invoicing, SCF & E-procurement | 27 Jun 2022

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

NatWest announces new pocket money product

News | Cards | 31 May 2022

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

Luxury fashion brand Lanvin partners with Shopify for digital commerce

News | Ecommerce | 27 Apr 2022

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

Paysafe intensifies Canadian iGaming presence with Ontario market launch

News | Online Payments | 04 Apr 2022

Payments platform Paysafe has announced that it is live and supporting private iGaming operators with payments in Ontario, Canada.

Paysafe, expansion, partnership, e-money

Genome becomes Google Pay compatible

News | Cards | 25 Mar 2022

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

Gemini gets Irish e-money licence

News | Cryptocurrencies | 24 Mar 2022

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 launches payment services for Ukrainian refugees

News | Online & Mobile Banking | 14 Mar 2022

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 acquires Twispay

News | Cryptocurrencies | 10 Mar 2022

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

NayaPay receives USD 13 mln in seed round to boost Pakistan's digital payments

News | Online Payments | 25 Feb 2022

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

National Bank of Ukraine clarifies how banks will operate under Martial Law

News | Payments General | 25 Feb 2022

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

Paysafe partners with Aircash for cash-based money transfers

News | Mobile Payments | 03 Feb 2022

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

Indian state initiates e-RUPI payment for scholarship fees

News | Online Payments | 03 Jan 2022

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 to introduce split-bill option

News | Mobile Payments | 06 Dec 2021

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

Frost secures FCA authorisation

News | Online & Mobile Banking | 02 Dec 2021

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

Eurosystem changes framework for electronic payments

News | Online Payments | 23 Nov 2021

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