Substantial Growth in Payments & Transfers, Alternative Lending, E-Wallets and Digital Banking Sectors Over the Past Two Decades
- 1 year 9 months ago
- Money Transfers
It has been estimated that by 2022, the total amount of fintech businesses involved in Payments & Transfers, Alternative lending, E-Wallets and Digital-banking increased from 34 to 1254. This is a massive 3588% rise over the two decades, accounting for 15.4% of all operational fintech companies.
Nucleus365 Launches European Instant Payments - Rapid Transfer
- 1 year 9 months ago
- Money Transfers
Nucleus365, a UK-based payment institution offering a centralised platform for global payment processing, FX and connected banking, has launched Rapid Transfer payment options for its European merchants. Rapid Transfer allows customers to pay merchants instantly using their online banking details, providing same-day settlements of funds.
Wise Enters 2023 with 15 New Partners in 4 New Markets, Bringing Total to Over 60 Partners Worldwide
- 1 year 10 months ago
- Money Transfers
Wise, the global technology company building the best way to move money around the world, launched 15 new partnerships in 2022 and enters 2023 with a total of 60 partners globally. These partnerships are made possible through Wise Platform, which allows banks and businesses to embed the power of Wise into their existing platform. Almost 10 million new customers gained access to Wise, via Wise Platform, in 2022 alone.
payabl. Enters its Next Phase of Growth as it Joins Visa Direct Preferred Partner Program
- 1 year 10 months ago
- Money Transfers
Today payabl., the international merchant acquirer that enables businesses to take payments easily, reliably, and securely, announces it has joined the Visa Direct Preferred Partner Program, furthering its relationship with Visa. As a member of the Visa Direct Preferred Partner Program, payabl.
Brightwell Expands Partnership With Virgin Voyages, Providing Corporate Disbursements for Customers and Employees Globally
- 1 year 11 months ago
- Money Transfers
Following a successful integration with Navigator in 2019, Brightwell, a global payments technology company, has expanded its partnership with Virgin Voyages. With ReadyRemit, powered by Brightwell’s international payment partners, Virgin Voyages can now easily pay vendors, workers, and others, and provide customer-facing payouts like rebates, rewards, and refunds with one digital solution.
Fnality, HQLAX, Santander, Goldman Sachs and UBS Pave the Way for Settlement of Intraday Transactions Using DLT
- 1 year 12 months ago
- Money Transfers
Fnality and HQLAX announce the successful completion of the first proof of concept (PoC) delivery versus payment (DvP) repo settlement across the Fnality Payment System (FnPS) and HQLAX’s Digital Collateral Registry, bridging the distributed ledger technologies (DLT) of Enterprise Ethereum and R3 Corda, respectively.
Skedadle to Change the Game for Advertising with Currencycloud Partnership
- 2 years 1 day ago
- Money Transfers
Currencycloud, the experts simplifying business in a multi-currency world, has partnered with Scottish start-up app Skedadle to provide its users an easy, secure and seamless way to transfer money earned in-app while playing games on public transport.
Swift Go Sign-ups Triple as Cooperative Makes Significant Progress on G20 Goals to Enhance Cross-border Experience
- 2 years 2 days ago
- Money Transfers
Swift today reported significant progress in 2022 toward the G20’s goals for enhancing the cross-border experience, rapidly setting a new standard for low-value payments, transforming upfront payment processing to remove friction, bringing new levels of transparency to the securities industry, and delivering breakthrough innovation to integrate CBDCs into the financial ecosystem.
Flutterwave and World Record Holder, Tobi Amusan Collaborate to Launch $end Mobile for the African Diaspora
- 2 years 1 week ago
- Money Transfers
Flutterwave, Africa’s leading payments technology company, today unveiled $endmobile, an app to facilitate the faster and easier transfer of funds from the diaspora to the African continent. Flutterwave also signed Tobi Amusan, the Nigeria-born 100m Hurdles Women’s World Record Holder as $endmobile’s Ambassador; a decision the company says is due to their similarity in speed and resilience.
Wise Obtains Capital Markets Services Licence from Monetary Authority of Singapore
- 2 years 4 weeks ago
- Money Transfers
Wise, the global technology company building the best way to move and manage money around the world, today announces at the Singapore Fintech Festival that Wise has received a Capital Markets Services licence from the Monetary Authority of Singapore. This will enable Wise to bring its new investment product, Assets, to Singapore in the coming quarters.
Nium and the ICC Celebrate Innovation and Inclusion at the ICC Men’s T20 World Cup 2022
- 2 years 1 month ago
- Money Transfers
Nium, the global platform for Modern Money Movement and the Official Fintech Infrastructure Partner of the International Cricket Council (ICC), today announced the details of its involvement at the ICC Men’s T20 World Cup in Australia from 16 October to 13 November 2022.
Revolut Challenger Atlantic Money Launches in Ireland
- 2 years 1 month ago
- Money Transfers
New international money transfer provider, Atlantic Money, today announces its official launch in Ireland, continuing its expansion in Europe after Belgium and Germany. For the first time, consumers in Ireland can make international money transfers for a fixed fee of €3 at the current exchange rate for transfers up to €100,000.
Fintech TransferGo Sees All-time High - Reaching Five Million Customers - as Demand for Migrant Remittances Soars
- 2 years 1 month ago
- Money Transfers
TransferGo, one of the world’s fastest-growing money transfer companies, to
Form3 To Launch Cloud-Native API SWIFT Connectivity Solution
- 2 years 1 month ago
- Money Transfers
Form3, the leading cloud payment technology provider, today announces its plans to launch a cloud-native API solution to connect financial institutions globally to the SWIFT network. The Swift as a service solution will help banks, fintechs and payment service providers to gain API access to SWIFT for payments and cash management services.
Finaro Champions the ‘Five Nines’ that are Driving Partnerships and APM Momentum Throughout 2022
- 2 years 2 months ago
- Money Transfers
Finaro, the global cross-border payment provider and fully licensed bank making complex payments brilliantly simple, has announced that it is on track to surpass over $1 billion of transaction volume processed in 2022, with its gateway platform incentivising new commercial partnerships and rapid merchant uptake of alternative payment methods (APMs).