Global payments disruptor PaySend which now has over 350,000 customers across Europe and beyond has signed a strategic partnership agreement with Vietcombank Remittance Company (VCBR), which dominates all inbound money transfers in Vietnam. This partnership will let people from anywhere in the world send money directly to any bank account, NAPAS card, Visa or MasterCard issued in Vietnam.
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SMEs make up the vast majority of businesses across the UK and with many focused on rapid and dynamic expansion, they present mass growth opportunities for commercial banks. However, to really untap this potential and gain trust and creditability with small and medium-sized businesses, banks must begin to adapt their offering specifically for the SME marketplace to complement existing real-time spend programmes. Fortunately, there are several ways in which they can do this.
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and JD Digits, a leading digital technology company in China with 400 million individual custo
The software solution for transaction routing and management of payment terminals network TransLink.iQ, developed by ASHBURN International, which is part of the Penki Kontinentai Group, received the gold medal of the annual Product of the Year competition.
The rise of digital identities
The meshing of the physical and digital world will bring significant changes to how we think about our identities. In 2019 we’ll see a global shift towards digital identification systems, driven by banks, mobile operators, OEMs, service providers and governments.
NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced a global collaboration with IOTA Foundation, a non-profit foundation focused on distributed ledger technology (DLT) and permission-less ecosystem development. NEXT and the IOTA Foundation will work together to develop Internet of Things (IoT) solutions integrating NEXT’s leading fingerprint sensor technology and IOTA Foundation’s open-source protocol.
Against the backdrop of numerous national currencies affecting trade and growth on the continent, the AFRO provides a reliable, safe and secure solution suited to Africa’s development challenges.
VERMEG the banking and insurance software solution leader has announced today that Australian Challenger Bank, Judo Capital have selected VERMEG’s AgileREPORTER package, to meet its’ Australian Prudential Regulation Authority (APRA) reporting requirements as part of its’ full banking licence application.
Temenos (SIX: TEMN), the banking software company, today announced that Banque de l’Habitat (BH) has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management. Banque de l’Habitat selected Temenos for its best-in-class technology, superior functionality, and the lowest total cost of ownership over a five-year span.