Sending money to family or friends in India is quite easy these days. There are many inexpensive options for transferring funds abroad safely and quickly, including wire transfers, Western Union, PayPal, or a personal check. Some options are more secure, while others are faster and more convenient.

Western Union

A new study from Juniper Research has found that the number of digital identity apps in use will exceed 6.2 billion in 2025, from just over 1 billion in 2020.

Contour, the Singapore-based global trade finance network has today announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution. The news follows Contour’s transition to full production, with the network supporting electronic bills of lading as part of digital transformation of trade.

Global technical body EMVCo has published a white paper which provides guidance to merchants, card issuers, acquirers and processors on how FIDO Authentication Data can be used in EMV

Salesforce, the global leader in CRM, today released the fourth edition of its State of the Connected Customer report which reveals that while a string of crises has affected all facets of life, including a fundamental shift in how customers connect with brands, factors like empathy, personalization, convenience, and digital transformation are the keys to customer relationships.

Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce™, establishing the first joint network for online merchants and banks to instantaneously block fraud and enable legitimate consumers to operate freely.

PPS, formerly PrePay Solutions and subsidiary of Edenred, the everyday companion for people at work, today announces its partnership with Yolt, the smart money app, following the inaugural launch of its contactless debit Mastercard.

TORA, the provider of industry leading trading technology, has today announced the launch of their new Portfolio Management System (PMS). The revitalized system is fully integrated with their OEMS platform including ‘single sign on’ to provide a completely unified user experience for all fund trading requirements.

Almost three-quarters of British adults used online banking and 50 percent used mobile banking in 2019, according to UK Finance. With the coronavirus pandemic closing physical branches and the use of cash falling of a “fiscal cliff”, digital transactions have become even more crucial for the economy. The latest forecasts predict mobile banking is set to be more popular than visiting a high street bank branch by the end of 2021, but that could well prove to be too conservative in the Covid-19 world.

Fintech and payment service provider Paynetics AD, digital banking platform provider phyre and commercial bank Bulgarian American Credit Bank (BACB), have announced today the launch of new digital wallet product B@CB Pay.