Articles with tag: electronic money

Found 23 results in 171 milliseconds.

The Central Bank of Ireland grants Modulr an EMI licence

21 Oct 2020 | Payments General

UK and Ireland-based fintech Modulr has secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited (638002), (hereafter referred to as Modulr Europe).

The Central Bank of Ireland, Modulr, EMI, electronic money institution, licence, fintech, payments

ECB should plan digital euro issuance, board member says

02 Oct 2020 | Online & Mobile Banking

A board member of the European Central Bank has declared that the bank should prepare to issue a digital euro to complement banknotes, according to Reuters.

ECB, European Central Bank, Europe, digital euro, banknotes, banks, central banks, digital currencies, electronic payments, private tokens, Bitcoin, Facebook, Libra, electronic money, commercial bank, Bluetooth, pre-paid cards, banking system

Ziglu opens crowdfunding round

21 Sep 2020 | Cryptocurrencies

Challenger and FCA-authorised Electronic Money Institution Ziglu have opened a crowdfunding round to the public. 

Ziglu, crowdfunding, challenger, FCA, authorisation, Electronic Money Institution, product development, global challenger, investors, crypto exchange, cryptocurrency, p2p payments, digital payments, UK account, digital assets, cyber-attacks, fiat currencies, 5th money laundering directive, crypto assets

Ziglu rolls out peer-to-peer payments for crypto and fiat currencies

08 Sep 2020 | Cryptocurrencies

Ziglu, an-FCA authorised Electronic Money Institution, has launched peer-to-peer payments for all currencies across the Ziglu app.

Peer-to-peer, P2P, cryptocurrency, payments, dinner bill, UK, Ziglu, fiat, digital currency, Electronic Money Institution

Global fintech platform Nium receives EMI licence in UK

01 Sep 2020 | Payments General

Nium, a global financial technology platform, has received the Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA) in the United Kingdom to issue e-money and provide cross-border digital payment services in the UK.

Nium, fintech, financial technology platform, Electronic Money Institution, EMI licence, FCA, UK, e-money, cross-border digital payment services

Intrasoft International teamed up with Salt Edge to broadcast PSD2 and SCA compliance

18 Aug 2020 | Digital Identity, Security & Online Fraud

Salt Edge has partnered with Intrasoft International to help banks and electronic money institutions with PSD2 and SCA compliance.

Intrasoft International, Salt Edge, PSD2, SCA, compliance, open banking, Salt Edge Authenticator, secure payment, electronic money institution, Europe, Greece

Fintech Bnext raises USD 13 mln in funding round

06 Aug 2020 | Payments General

Spain-based Bnext, a provider of alternative banking services, has secured USD 13 million in a capital investment round led by its existing investors.

Spain, fintech, startup, Bnex, banking, DN Capital, Redalpine, Speedinvest, Founder Future, Enern, Digital Horizons, Kreos Capital, Cometa, Latin America, Electronic Money Issuer, Bank of Spain, banks, cards

NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

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