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Brazil-based financial services platform Nubank has connected its infrastructure to the blockchain network of Banco Central do Brasil to initiate testing with Drex, the Brazilian digital currency.
partnership, banking, fintech, financial services, paytech, CBDC, digital currency, tokenization, digital assets, DLT, e-money
Global payments infrastructure company TerraPay has announced it has secured an Electronic Money Institution (EMI) license to operate in Italy.
remittance, EMI licence, cross-border payments, digitalisation, financial inclusion, money transfer, money remittance, e-money, expansion, digital wallet, e-wallet, payout, B2B payments
Singapore-based fintech Tazapay has received in-principle approval for a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS).
payments , MPI licence, Monetary Authority of Singapore (MAS), fintech, cross-border logistics, ecommerce, merchants, money transfer, payment institution, financial services, e-money, trade finance, B2B payments, digital payments, API
Giovanni Angelini, President for Europe and Africa at Western Union, shares his expertise and insights into the future of digital wallets and real-time cross-border payments and what we should expect from this field in 2023.
digital wallet, e-wallet, cross-border payments, cross-border logistics, credit card, money transfer, money remittance, e-money, financial inclusion, digitalisation
Spain-based travel technology company Amadeus has applied for an e-money licence with the aim to embed fintech and payment services in the travel industry.
travel payments, fintech, investment, e-money
Zennon Kapron, Director at Kapronasia, talks about Indonesia’s latest real-time payments platform and how can it be used to drive financial inclusion for over 90 million underbanked people.
SMEs, online payments, QR code, QR payments, digital payments, digitalisation, financial inclusion, mobile payments, mobile money, cross-border ecommerce, cross-border payments, e-wallet, e-money
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