Articles with tag like: money transfer

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Al Ansari exchange taps RippleNet Cloud cross-border remittances to Malaysia with MoneyMatch

News | Online Payments | 21 Oct 2021

UAE-based foreign exchange Al Ansari has joined global payments network Ripplenet, connecting it with money transfer technology company MoneyMatch for same-day remittances to Malaysia.

Ripple, partnership, cross-border payments, money transfer, blockchain

Nigeria's startup Baxi acquired by MFS Africa

News | Online Payments | 21 Oct 2021

Nigerian fintech startup Baxi has been acquired by the pan-African payments company MFS Africa to enable the latter’s expansion into Nigeria.

digital payments, money transfer, cross-border payments, digital wallet, acquisition

Coda Payments announces acquisition of BAASH

News | Mobile Payments | 18 Oct 2021

Singapore-based payment service provider Coda Payments mobile esports platform BAASH.

acquisition, expansion, mobile payments, money transfer, bank transfer

MX releases study regarding the future of banking

News | Online & Mobile Banking | 18 Oct 2021

US-based data platform MX has released a white paper, exploring the use of financial product and services by Millennials, Gen Z, and baby boomers.

research, Gen Z, online banking, digital banking, fintech, money transfer, BNPL

Instarem announces corridor from Hong Kong to China

News | Mobile Payments | 15 Oct 2021

Singapore-based cross-border payments platform Instarem has announced that consumers and SMEs in Hong Kong can now send money to China in Chinese Yuan on their upgraded Instarem app.

mobile payments, expansion, SMEs, cross-border payments, money transfer

Kiwi-owned company launches instant payment app

News | Mobile Payments | 12 Oct 2021

New Zealand has launched its first digital wallet, Dosh, which allows Kiwis to pay each other instantly using a smartphone app.

digital wallet, banks, money transfer

AptPay and NRT Technology launch payout service

News | Online Payments | 04 Oct 2021

AptPay has partnered with NRT Technology and Mastercard to enable casinos and online gaming sites to disburse winnings into a bank account, prepaid card, or mobile wallet for players.

NRT Technology Corp, Mastercard, gambling, online payments, money transfer

TransferGo raises USD 50 million in Series C funding

News | Online Payments | 30 Sep 2021

TransferGo, a UK-based money transfer company, has secured USD 50 million in funding to pursue accelerated programme of digital payments transformation.

funding, money transfer, fintech

Remitly aims to raise up to USD 332 million at USD 6.5 billion

News | Online Payments | 15 Sep 2021

Remitly, a US-based fintech, has aimed to secure USD 332 million if underwriters purchase additional shares.

online payments, money transfer, cross-border payments

PayNow to link with India's UPI for low-cost instant fund transfers

News | Online Payments | 14 Sep 2021

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India have announced plans to link Singapore's PayNow system with India's UPI real-time payment system.

PayNow, UPI, money transfer, money remittance

N26 enables SEPA real-time transfers

News | Online & Mobile Banking | 06 Sep 2021

Germany-based neobank N26 has introduced a new payment method for its customers.

product upgrade, SEPA Direct Debit, SEPA, money transfer, mobile payments

Bank of Africa to introduce North to South money transfers through SBS

News | Payments General | 02 Sep 2021

Sopra Banking Software (SBS) has partnered with Bank of Africa, to launch a new offering for North to South money transfers based on SBS Open Banking Platform, powered by Tink.

banks, money transfer, Tink , Open Banking, API

AMF, Visa to boost cross-border payments in the Arab region

News | Online Payments | 30 Aug 2021

The Arab Monetary Fund (AMF) and Visa have announced the signing of a Memorandum of Understanding (MoU). 

online payments, partnership, cross-border payments, money transfer

HSBC Qatar launches mobile payments

News | Online & Mobile Banking | 24 Aug 2021

HSBC Qatar has announced the launch of mobile payments for both its retail and business customers as the bank looks to push on its digitalisation efforts as per the government policy.

HSBC, real-time payments, money transfer, e-wallet, mobile banking

MovoCash, Fiserv to boost money management portfolio

News | Online Payments | 24 Aug 2021

US-based fintech MovoCash (MOVO) has announced the addition of new money movement options enabled by payments and financial services technology provider Fiserv.

online payments, partnership, money transfer, cash management

Zepz raises USD 292 mln, achieves USD 5 bln valuation

News | Online Payments | 23 Aug 2021

Zepz, formerly WorldRemit, a digital cross-border payments platform has raised USD 292 million in new primary financing, achieving a valuation of USD 5 billion.

money transfer, money remittance, cross-border payments, digital payments, funding

The death of cards: why 2021 is a tipping point for Account-to-Account, and how it'll change the payments landscape forever

Voice of the Industry | Online Payments | 20 Aug 2021

Siamac Rezaiezadeh, Director of Product Marketing at GoCardless: The rise of A2A payments is great news for merchants. On the back end, it’s more efficient than cards, with fewer intermediaries, lower costs, and fewer points of failure

account-to-account payment, instant payments, money transfer, payment methods

Western Union and PERA HUB to offer digital money transfers with UnionBank

News | Online Payments | 11 Aug 2021

Cross-currency payments platform Western Union and Philippines-based fintech PERA HUB have integrated the former’s digital money transfer capabilities into the UnionBank banking platform.

partnership, money transfer, remittance, cross-border payments

Okcoin to open doors in Malta and Netherlands

News | Cryptocurrencies | 30 Jul 2021

Cryptocurrency exchange Okcoin has announced it may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.

cryptocurrency, cryptocurrency exchange, digital assets, money transfer, trading platform

Vyne partners RemitONE

News | Online Payments | 29 Jul 2021

Vyne, an account-to-account payments platform, has announced its integration with the technology and business services firm for the remittance world, RemitONE

partnership, money transfer, remittance, Open Banking