Edfundo Hyper Protects Youngsters’ Finances Thanks to IBM
- 2 years 9 months ago
- Management, Money Transfers
Edfundo, the world’s first teacher-built money management app for kids and teens, has fast-embraced the intelligence offered by IBM’s Hyper Protect Accelerator Program to enable the fast-build of market-leading security for the Edfundo Money Management App. “Not only is best-in-class security a prerequisite for our users of the Edfundo platform, but participation in the IBM programme has also received a huge boost of confidence from the fintech... more
INVESTMENTSPlum Snags $13.9M in Series A Funding
- 2 years 9 months ago
- Fundraising News, Management, Money Transfers
London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money management app.
Bankera Becomes a Member of an International Association Against IBAN Discrimination
- 2 years 9 months ago
- Transaction Banking, Money Transfers, Banking
Although bank transfers in the Single Euro Payments Area, or SEPA, take the same amount of time regardless of the country where the account is issued, some companies don't want to go through the extra trouble and refuse to serve customers from other countries entirely. So Lithuanian fintech company Bankera, together with several other fintech companies operating in the EU, has joined an international initiative to fight the IBAN discrimination.
Azimo and Trustly Bring Open Banking to Migrant Workers Across Europe
- 2 years 9 months ago
- Open Banking, Money Transfers
Azimo, Europe’s leading digital money transfer service, has partnered with open banking payment provider Trustly to meet growing demand for cross-border payments in Europe. The partnership will let customers pay in a fast, simple, and secure way and is yet another sign of the shift towards digital remittances.
UK’s First Savings Account Underpinned by Gold Launches Today, Offering a Market-leading One-year 2% Fixed-rate Return
- 2 years 10 months ago
- Payments, Money Transfers, Banking
A market-leading product for deposits from £1,000 to £20,000 Unlike traditional banks, the customer’s savings are never loaned, leveraged, or invested, meaning no bank lending risk to customers Because deposits are not used to create more money through writing new loans, it’s also the first-ever bank account that doesn’t contribute to inflation
Money, Inflation, and Debt
- 2 years 10 months ago
- Blockchain, Money Transfers, Infrastructure
This January, the Government Blockchain Association (GBA), will present The Future of Money, Governance, & the Law, live in Washington DC., and streamed globally. Congress just passed a $1.2 trillion spending package, aimed at mending the US roads and transport infrastructure.
PPS Powers Suits Me – the Personal Account for Everyone
- 2 years 10 months ago
- Money Transfers, Alternative Finance
PPS, an Edenred subsidiary and a one-stop-shop for prepaid and fintech programmes, today announces its partnership with alternative e-money provider for the financially excluded Suits Me, following its migration from Banking as a Service Provider, Contis.
PPS and ViaBill Join Forces to Bring BNPL to Shoppers In-store and Online
- 2 years 10 months ago
- Payments, Money Transfers, Banking
The BNPL provider will utilise the issuer processor’s in-depth pan-European experience to drive its expansion into new EMEA markets. PPS, an Edenred company, today announces that it is supporting ViaBill with the rollout of its card-based BNPL solution, offering customers access to ViaBill credit through physical and virtual Mastercard cards.
Money Management App Uses AI to Link Spending Habits and Environmental Impact
- 2 years 11 months ago
- Artificial Intelligence, Platform Technology, Management, Money Transfers
Carbon footprint money management app CREED has launched after working with Brainpool.ai to develop the AI solution engine behind the app’s intelligence. CREED is a new secure open banking app that tracks spending and carbon footprint, helping users to understand the environmental impact from their spending habits and to get closer to being carbon neutral.
Tap Happy: Almost Half of Transactions to Be Contactless by the End of 2022
- 2 years 11 months ago
- Transaction Banking, Payments, Money Transfers
The use of contactless payments is set to make up 47% of all UK payments between 2021-2022, and will be the most common type of transaction Contactless payments are up by nearly a third (30%) since the start of the pandemic, when chip & pin payments were still the most popular way to pay Between 2021 and 2022, cash payments will account for just over one tenth (11%) of all purchases Forecasts show almost three quarters (72%) of payments ... more
Paynetics Secures Visa Ready Certification to Help Simplify Payments Across Europe
- 2 years 11 months ago
- Payments, e-Payments, Money Transfers
The Visa Ready Program helps enable partners to build and launch payment solutions that meet Visa’s global standards The partnership will enable Paynetics to accelerate the expansion of its innovative banking-as-a-service solution By collaborating with Visa, Paynetics is continuing its mission to “make payments simple everywhere”
Vested Finance Makes Deposits for US Investing Easier with SBM Bank India's Smart Banking Solution
- 2 years 11 months ago
- Investment, Money Transfers, Banking
● Vested Finance launches Vested Direct – An innovative fund transfer solution ● Seamless, easier & faster way to transfer funds to your U.S. investing account Vested Finance, an online investment platform that enables Indian investors to invest in the US stock market in a smooth and hassle free manner, today announced its partnership with SBM Bank India, to enable an easier, faster & seamless experience to deposit... more
Gold Investing Reinvented with First Ever Yield
- 2 years 11 months ago
- Investment, Money Transfers, Alternative Finance, Risk Management
By distributing profits from transaction fees, Kinesis provides a genuine low-risk alternative to investors at a time of uncertainty and heightened risk among traditional investments Today, Kinesis Money, the monetary system based on 1:1 allocated gold and silver, launches its Holder’s Yield, whereby a portion of the yield pool, currently valued at $17.5 million, will be distributed every month to people who hold gold and silver with Kinesis.
Reasons Why So Many People Want To Invest In Cryptocurrencies
- 2 years 11 months ago
- Payments, Money Transfers, Cryptocurrencies
Cryptocurrencies have completely changed the way we look at online transactions and making a profit online. These digital assets managed to revolutionize the financial industry and present people with a futuristic payment method. They have quite a lot of advantages which is why they are considered superior to regular payment methods. That is the topic that we wanted to discuss in this article. We are going to name these advantages and use them... more
Claro Encourages Brits to Reduce ‘buy Now, Pay Later’ Reliance in Exchange for Free Financial Coaching
- 2 years 11 months ago
- Payments, Money Transfers
Financial coaching app Claro launches a campaign encouraging the public to reduce their Buy Now Pay Later reliance in exchange for a free financial coaching session Using the app, people can speak to a financial coach, create a financial plan, set goals and grow their money
