Articles with tag: electronic money

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Bank of Japan explores the potential offline use of a digital yen via CBDC

08 Jul 2020 | Cryptocurrencies

The Bank of Japan (BoJ) has published a research paper exploring the potential offline use of a digital yen using central bank digital currency (CBDC).

CBDC, central bank digital currency, decentralised CBDC, electronic money, smartphone, distributed ledger, SIM, cards, payments, Bank of Japan, Japan, BoJ

E-payment network Paysera expands to Kosovo

29 Jun 2020 | Online Payments

The electronic payment network Paysera has announced it is expanding to Kosovo, allowing reduced transfer prices and no crediting fees. 

Pan-Baltic, electronic payments, Paysera, Kosovo, transfers, fees, online payments, safety, online banking, mobile payments, electronic money, payment gateway

Uzbekistan substantially updates payments services regulations

11 May 2020 | Online Payments

Uzbekistan has updated its regulations regarding payments systems, to clarify whether companies need to be licensed for providing payment services in the country.

Uzbekistan, Central Bank of Uzbekistan, Rules on the Issuance and Circulation of Electronic Money, e-money, electronic money, online payments, payments regulation

SadaPay teams up with Mastercard for issuing debit cards

07 May 2020 | Online & Mobile Banking

SadaPay has partnered with Mastercard to equip SadaPay e-wallet holders with Mastercard debit cards which can be used locally and internationally on ecommerce, POS, and ATMs.

SadaPay, Mastercard, partnership, digital payments, payments, Pakistan, e-wallet, debit cards, ecommerce, POS, ATMs, Electronic Money Institution, EMI, State Bank of Pakistan, fintech, transactions

TransferGo, RDC extend collaboration to fight financial crime

04 May 2020 | Digital Identity, Security & Online Fraud

TransferGo, a global money transfer provider, has extended its partnership with RDC, a global compliance screening provider.

money transfer, compliance, financial crime, TransferGo, RDC, risk scoring, risk filtering, electronic money institution, AML

Electronic money and payment institutions on the rise in Lithuania

20 Mar 2020 | Payments General

At the end of 2019, a total of 115 electronic money (EMI) and payment (PI) institutions operated in Lithuania.

electronic money, payment institutions, Bank of Lithuania, payments, licences, study, Lithuania

Ghana's Payment Systems Advisory Committee to offer guidance on payment system

09 Mar 2020 | Online Payments

Ghana has gotten its first Payment Systems Advisory Committee to guide the Bank of Ghana on regulation and oversight, operational and technical stands of the payment systems. 

Ghana, payment systems, regulations, mobile payments, electronic money, banks, accounts

Paga, Flutterwave, links users to international merchants

06 Mar 2020 | Online Payments

Nigeria-based fintech Paga has collaborated with merchant payments platform Flutterwave to allow Paga users to access products from merchants on the Flutterwave service.

Flutterware, Paga, online payments, Africa, electronic money, electronic payments, payments infrastructure, merchant payments platform,

Payoneer authorised as an electronic money institution by Central Bank of Ireland

13 Feb 2020 | Ecommerce

Payoneer, the digital payment platform, has announced its continued global expansion with the establishment of a new office in Dublin, Ireland.

Payoneer, electronic money institution, Central Bank of Ireland, commerce, small businesses, marketplaces

Tradeshift intermediated supply chain transaction for IKEA using e-money

02 Oct 2019 | E-invoicing, SCF & E-procurement

US-based supply chain payments service Tradeshift has announced the completion of a purchase from IKEA Iceland using the Ethereum blockchain.

Tradeshift, IKEA, blockchain transaction, e-invoicing, Ethereum, e-money, Monerium, fintech, supply chain finance, dynamic discount, electronic money,

How the fintech revolution can come from outside a post-Brexit UK – interview with GlobalNetInt

20 Jun 2019 | Interviews

Liudvikas Kulikauskas, CEO of Globalnetint, UAB, shares how an electronic money institution can thrive in the post-Brexit fintech climate, perspectives on alternatives, and expansion plans

Liudvikas Kulikauskas, Globalnetint, electronic money institution, Brexit, Lithuania, fintech, banking, Bank of Lithuania, SEPA, SWIFT, Jekaterina Govina, EU passporting rights, EMI licencing,

Bank of Russia ponders over launching a digital currency

18 Jun 2019 | Cryptocurrencies

The Bank of Russia has been investigating the possibility of launching its own digital currency, according to the head of Russia’s central bank.

Bank of Russia, cryptocurrency, digital currency, Russia, cashless, electronic money

Prepaid Financial Services receives Irish license

10 Apr 2019 | Payments General

Prepaid Financial Services (PFS) has secured an electronic money license from the Central Bank of Ireland, as it gets ready for a Brexit contingency plan.

Prepaid Financial Services, license, electronic money, payments

Ripples Partner MoneyNetint offers travel payment service

19 Mar 2019 | Cards

UK-based electronic money institution MoneyNetint has launched PayTicket, a payment service for foreign motorists who receive tickets while traveling.

MoneyNetint, Ripple, launch, traveling, UK, payments, electronic money, online fines, payment solutions, cross border, banks, transfers, credit card, online payment, fines, debit card

Paydoo joins Electronic Money Association

21 Nov 2018 | Payments General

Paydoo Payments UAB, a Lithuania-based e-money Institution, has become a member of the Electronic Money Association.

Paydoo, Electronic Money Association, payments, payment service provider, e-money, European Union, payments regulation, fintech regulation, fintech