Articles with tag like: money transfer

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South African banks to charge more for instant payments

News | Payments General | 11 May 2021

South African banks have little choice but to charge extra for processing immediate electronic payments between clients of different banks, according to Business Insider.

real-time payments, banks, payments infrastructure, instant payments, money transfer

Twitter is testing the Tip Jar feature that allows users to send money to their preferred accounts

News | Mobile Payments | 07 May 2021

Twitter has started rolling out the Tip Jar feature on its Android and iOS apps, which reportedly allows users to send money directly to their preferred accounts.

Twitter, product launch, money transfer, mobile payments

Thought Machine integrates Wise Platform for international payments

News | Payments General | 30 Apr 2021

Thought Machine, a cloud native core banking technology company, has selected global payments company Wise, formerly known as TransferWise, by integrating Wise Platform into Thought Machine’s core banking engine, Vault.

partnership, money transfer, banks, fintech, cross-border payments, API, Thought Machine

ACE Money Transfer expands to Australia

News | Mobile Payments | 21 Apr 2021

UK-based ACE Money Transfer has announced expanding its global money transfer services to Australia.

expansion, remittance, money remittance, money transfer

JP Morgan to use blockchain for better money transfers

News | Online & Mobile Banking | 12 Apr 2021

US-based financial services firm JP Morgan has announced it will be using blockchain technology to improve its funds transfers solutions for banking institutions globally.

product launch, blockchain, money transfer, banks, JP Morgan

PurplePay launches mobile payment solution

News | Mobile Payments | 12 Apr 2021

PurplePay has launched its mobile payment solution, with Nigeria as the pioneer leading country.

product launch, mobile payments, QR code, e-wallet, money transfer

Travelex, Nium expand into Australia and Singapore

News | Payments General | 12 Apr 2021

UK-based Travelex has partnered with global payments platform Nium to extend digital remittance services to their users.

partnership, Nium, Travelex, remittance, money transfer

ipaymy and Wallex deliver international payments solution

News | Cards | 25 Mar 2021

ipaymy has partnered with Wallex to offer an international payment service for individuals and business users.

partnership, money transfer, credit card, cross-border payments

Worldline supports PSA to roll out an advanced payment ecosystem in Austria

News | Payments General | 16 Mar 2021

Worldline and Payment Services Austria (PSA) have announced extending their collaboration, working together at the heart of Austria’s payment system.

Worldline, partnership, payment processing, money transfer, account-to-account payment, cashless

Ria Money Transfer partners with Pos Malaysia for international money

News | Payments General | 11 Mar 2021

Ria Money Transfer and Pos Malaysia have partnered to deliver international money transfer and payments services to customers of Pos Malaysia outlets nationwide.

partnership, money transfer

British online remittance service Azimo using USU's customer service solution

News | Online & Mobile Banking | 10 Mar 2021

Germany-based customer service solution USU has announced it is equipping the online money transfer service Azimo with a knowledge management solution for customer service.

remittance, remittances, money transfer, online banking, partnership

First Bank reveals new fund transfer option for Africa

News | Payments General | 10 Mar 2021

First Bank, a Nigerian commercial bank, has unveiled a new cross-border payments service called First Global Transfer.

money transfer, cross-border payments, cash

Nium assists customers to remit funds into four major African markets

News | Mobile Payments | 09 Mar 2021

Nium, a global payments platform, has announced that its clients are able to send funds to their business partners located in Ghana, Kenya, South Africa, and Tanzania.

mobile money, money transfer, remittances, e-wallet

The Central Bank of Nigeria to introduce new scheme for diaspora remittances

News | Payments General | 09 Mar 2021

The Central Bank of Nigeria has explained that its new Naira 4 Dollar Scheme seeks to make remittance through formal bank channels more convenient for Nigerians in the diaspora.

remittances, banks, money transfer

TerraPay expands into bank account payments in the US and Canada

News | Online Payments | 08 Mar 2021

TerraPay, a global payments infrastructure company, has announced its expansion into bank account payments in the US and Canada.

TerraPay, remittances, money transfer, bank account, online payments

How fintechs are taking their stake in cross-border payments

Voice of the Industry | Online Payments | 02 Mar 2021

Peter Theunis of Radar Payments elaborates on why fintechs are chosen over banks and the advantages that make them proficient in the realm of cross-border payments

Peter Theunis, Radar Payments, cross-border payments, fintech, money transfer

JOOR expands payment capabilities with SEPA and ACH partnerships

News | Online Payments | 23 Feb 2021

JOOR, a wholesale management platform for fashion, beauty, and home, has partnered with SEPA (Single Euro Payments Area) and ACH (Automated Clearinghouse Network).

JOOR, SEPA, ACH, business partnership, instant payments, retail, money transfer, online payments

SadaPay, IDEMIA join forces to expand digital payment services in Pakistan

News | Online Payments | 19 Feb 2021

SadaPay has chosen IDEMIA’s Global Fintech Accelerator Card Program in order to scale-up its operations and offer a superior payment experience, powered by state of the art technology. 

Sadapay, partnership, IDEMIA, expansion, digital payments, financial services, fintech, money transfer

South Africa-based Mama Money grows 500% during the pandemic

News | Payments General | 16 Feb 2021

South Africa-based money transfer fintech company Mama Money has observed growth of over 500% in volumes during 2020, according to the official press release. 

South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance

Azimo, HBL to launch money transfer service in Pakistan

News | Payments General | 10 Feb 2021

Digital money transfer service provider Azimo has partnered with commercial bank HBL to launch a new service in Pakistan, according to the official press release.

Azimo, HBL, money transfer, remittance, digital money transfer, Pakistan, Commercial Bank, cross-border payments