Articles with tag: transfers

Found 138 results in 171 milliseconds.

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

Nutmeg to launch open banking payments

30 Jul 2020 | Payments General

UK-based wealth manager Nutmeg has announced the launch of open banking payments, allowing customers to make payments directly from their bank or building society.  

Nutmeg, open banking payments, open banking, banks, payments, bank transfers, financial API, TrueLayer, mobile banking, online banking, TPPs, payment initiation

Center reveals Credit Card Programme and QuickBooks Online Connector

30 Jul 2020 | Cards

Center has unveiled two new product offerings: the Center Corporate Credit Card powered by Mastercard and the QuickBooks Online Connector. 

Center, accounting, accuracy, launch, credit card, QuickBooks, integration, audit, payments, cards, transfers, fraud monitoring

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

Westpac to form new group operating office, following money laundering accusations

28 Jul 2020 | Digital Identity, Security & Online Fraud

Westpac has announced the creation of a new group operating office, following money laundering accusations.

Westpac, money laundering, Austrac, banks, fraud prevention, international funds transfers, human error, Australia

Mode introduces bank transfers powered by Open Banking technology

22 Jul 2020 | Online & Mobile Banking

Mode, the digital banking app, has extended its partnership with payments provider Modulr to launch its first feature powered by ‘Open Banking’, as part of a commitment to deliver a digital banking app. 

Mode, bank transfers, banking, Open Banking, payments, app, digital banking

Global Processing Services partners with fintech sync.

16 Jul 2020 | Online & Mobile Banking

Global Processing Services (GPS) has partnered with UK-based fintech, sync., to power the payments processing function of sync.’s debit cards. 

Global Processing Services, partnership, payments, sync., Europe, GPS, UK, fintech, debit cards, cards, user-to-user transfers, banks

Educational Systems Federal Credit Union goes live with Finastra

16 Jul 2020 | Payments General

Educational Systems Federal Credit Union (FCU) has gone live with Finastra’s Fusion Digital Banking to deliver digital experiences for the credit union’s more than 85,000 members.

Educational Systems Federal Credit Union, FCU, Finastra, open banking, open APIs, banking, fintech, software, digitalisation, P2P transfers, A2A payments, US, Fusion Digital Banking

Rapyd reveals full-stack integrated local payment solution in Mexico

10 Jul 2020 | Online Payments

Fintech-as-a-Service company Rapyd has announced the launch of a single ‘full-stack’ integrated local payment solution in Mexico. 

Rapyd, launch, payments, Mexico, payment method, API, bank transfers, cards, retail, ATM, withdrawals, account, digital wallets

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

PSR's Confirmation of Payee goes live

02 Jul 2020 | Online Payments

Six UK-based banking groups, covering around 90% of bank transfers, have fully implemented the Payments Systems Regulator’ Confirmation of Payee with effect from 30 June 2020.

UK, United Kingdom, PSR, Payments Systems Regulator, Confirmation of Payee, CoP, bank transfers, banking groups, Lloyds, Bank of Scotland, Halifax, Royal Bank of Scotland, NatWest, Ulster Bank, HSBC, First Direct, Barclays, Santander, Nationwide, payments, TSB, Authorised Push Payment, APP scams

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

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

Bittrex, Mastercard partner to fund accounts

22 Jun 2020 | Cryptocurrencies

US-based crypto exchange Bittrex has announced it is accepting Mastercard as a source for funding user accounts.

Bittrex, Mastercard, cryptocurrency, crypto exchange, processing fee, funding limits, credit card deposit, payment transactions, authentication, 3DSecure, Visa, debit cards, wire transfers

Mastercard, Facebook extend partnership to allow money transfers using WhatsApp in Brazil

16 Jun 2020 | Online Payments

Mastercard has announced the extension of its partnership with Facebook to offer a new way for Brazilians to send and receive money on the WhatsApp application. 

Mastercard, partnership, Facebook, Brazil, WhatsApp, transfers, contactless, digital payments, credit cards, debit cards, tokenization

KogoPAY, Lightnet partner to launch mobile payment app

12 Jun 2020 | Mobile Payments

UK-based mobile payment company KogoPAY has partnered with Thailand-based fintech Lightnet to launch a mobile payments app.

KogoPAY, wallet-to-wallet transfers, mobile wallet, QR code payment, Asia, Thailand, unbanked population, international remittance ecosystem, money transfer operators, cross-border payments, cross-border payment providers, mobile payments

Revolut introduces new fees and limits for FX and weekend transfers

11 Jun 2020 | Payments General

UK-based digital bank Revolut has added new limits for its foreign exchange offering for its free plan while also doubling fees for weekend transfers starting with August 2020.

Revolut, FX, foreign exchange, fee, weekend transfers, interbank exchange rates, domestic transfers, euro transfers, Single Euro Payments Area

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

UK-based banks to launch Confirmation of Payee to avoid fraud

10 Jun 2020 | Digital Identity, Security & Online Fraud

UK-based banks have announced the launch of a new Confirmation of Payee system that checks the name of the person you’re transferring money to with the name on the account.

UK, Confirmation of Payee, banking, fraud, bank-to-bank transfers, money transfer