Articles with tag: money transfers

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United Overseas Bank launches AI-driven financial management app Mighty Insights

21 Oct 2020 | Online & Mobile Banking

United Overseas Bank Malaysia (UOB) has launched Mighty Insights, an artificial intelligence (AI)-based digital banking service.

United Overseas Bank, Malaysia, Mighty Insights, AI, finance, banking, payments, money transfers, finance management, product launch, savings, expenses, financial wellbeing

TransferGo partners with Visa to bring global real-time transfers to users

21 Oct 2020 | Online Payments

TransferGo has partnered with Visa to bring real-time international money transfers to consumers’ cards.

TransferGo, Visa, business partnership, real-time payments, international money transfers, cross-border payments, cards, push payments, Visa Direct

Enel X rolls out banking solution - Enel X Pay in Italy

20 Oct 2020 | Online & Mobile Banking

Enel X has entered the digital financial services and mobile banking sector with Enel X Pay, an online banking account from Enel X Financial Services.

pagoPA, SEPA, peer to peer money transfers, mobile banking, online banking, Enel X, prepaid card, Enel X Financial Services, Enel X Pay, Italy

Tinkoff includes financial messenger in super app

09 Oct 2020 | Online & Mobile Banking

Russia-based financial ecosystem Tinkoff has launched a financial messenger built into its super app for users to chat while making financial transactions. 

Tinkoff, financial messenger, super app, financial ecosystem, financial transactions, bookings, payments, chat bot, Tinkoff Investments, Tinkoff Business, Tinkoff Mobile, Tinkoff Junior, money transfers

Ripple launches Line of Credit to fund instant cross-border payments

09 Oct 2020 | Cryptocurrencies

Ripple has launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on demand to initiate cross-border payments at scale using the digital asset XRP.

XRP, RippleNet, cross-border money transfers, cross border payments, Ripple, ODL, credit, loan, DLT, SMEs, Line of Credit

ECOMMPAY rolls out new open banking payments system for UK market

30 Sep 2020 | Payments General

International payment service provider and direct bank card acquirer, ECOMMPAY, has launched its new payment system Open Banking by ECOMMPAY.

ECOMMPAY, cards, open banking, A2A payments, merchants, open payments, APIs, banks, money transfers, payment methods

areeba, Wallet Factory launched mobile wallet Zaky in Lebanon

17 Sep 2020 | Mobile Payments

areeba has partnered with payment technology provider Wallet Factory to enable mobile payments in Lebanon by introducing Zaky, the new mobile payment platform. 

areeba, Wallet Factory, Zaky, payment platform, mobile wallet, money transfers, in-app payments

Nium expands presence in Latin America through partnership with Teledolar

25 Aug 2020 | Payments General

Global fintech platform Nium has teamed up with Costa Rica-based fintech platform Teledolar.

Nium, Visa, remittances, cross border payments, corporate payments, payments platform, money transfers, mobile payments, LATAM, Teledolar

SPOKO enters the UK market by targeting South Asian migrant workers

13 Aug 2020 | Payments General

SPOKO, an app which offers instant international money transfers, has entered the UK market by targeting South Asian migrant workers looking to move money without the need for bank accounts and costly transfer payments.

SPOKO, app, money transfers, UK, migrant, payments, fintech

Up partners with TransferWise for international money transfers

11 Aug 2020 | Payments General

Australian neobank Up has partnered UK-based online money transfer service TransferWise to facilitate international payments.

Up, TransferWise, money transfers, payments

TerraPay enables instant money transfers to Pakistan

05 Aug 2020 | Payments General

Payments infrastructure company TerraPay has teamed up with Bank Alfalah to launch home remittance services to Pakistan.

TerraPay, money transfers, Pakistan, Bank Alfalah, remittances

Remitly raises USD 85 mln to fuel growth

30 Jul 2020 | Payments General

Remitly has raised USD 85 million in a funding round to accelerate its growth amid the growing demand for digital money transfers following Covid-19 pandemic.

Remitly, funding, digital money transfers, expansion

Trust Payments, SPOKO partner for money transfer solution for immigrants in Poland

29 Jul 2020 | Online Payments

Trust Payments has announced a partnership with SPOKO (previously known as Pay Ukraine) to enable it to offer its money transfer service to customers in Poland. 

Trust Payments, SPOKO, money transfer solution, Poland, immigrants, Pay Ukraine, multi currency payments, app, instant money transfers, bank account, Europe, UK, mobile payments, point of sale outlet

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

29 Jul 2020 | Payments General

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

Exclusive interview with Veronica Studsgaard, CEO and Founder of The International Association of Money Transfer Networks

07 Jul 2020 | Payments General

Veronica Studsgaard of IAMTN shares insights about the challenges specific to cross-border remittances, how COVID-19 affects migrants and international money transfers, and the future of this industry

Veronica Studsgaard, IAMTN, International Association of Money Transfer Networks, cross-border payments, remittances, COVID-19, migrants, international money transfers, remittance service providers

270 mln women worldwide are excluded from day to day banking, report

01 Jul 2020 | Payments General

UK-based fintech Paysend has released a report focusing on the empowerment of women in low-income countries through international money transfers.

banking, Paysend, fintech, UK, global, women empowerment, low-income countries, international money transfers, World Bank, digitisation

Ayannah, ECAP merge operations

10 Jun 2020 | Payments General

Philippines-based fintech Ayannah has merged operations with India-based PSP Electronic Cash and Payment Solutions (Ecaps).

Ayannah, Ecaps, Philippines, India, fintech, PSP, transaction, Singapore, South East Asia, South Asia, covid-19, digital transactions, payments, remittances, insurance, money transfers, bill payments, ticketing, recharges

MoneyGram, Al Rajhi Bank to support the cross-border payments market in Saudi Arabia

08 Jun 2020 | Payments General

MoneyGram has partnered with Al Rajhi Bank, a large Islamic bank, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.

MoneyGram, Al Rajhi Bank, cross-border payments, Saudi Arabia, remittances, money transfers, mobile payments, partnership

Zhongguo Remittance, Aleta Planet team up for digital money transfers to China

05 Jun 2020 | Payments General

Singapore-based fintech Aleta Planet and Zhongguo Remittance, a Singapore-based money-transfer company, have launched Aleta China Express (ACE).

Zhongguo Remittance, Aleta Planet, digital money transfers, Singapore, payments, cross border payments, partnership, China

Solving cross-border payments in APAC - interview with Nium

04 Jun 2020 | Payments General

Global fintech platform Nium announced its latest fundraise. Visa, a global digital payments provider, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia.

Nium, Visa, remittances, cross border payments, corporate payments, payments platform, Asia, Pacific, money transfers, mobile payments