Fintech Spoko.app and Sumsub Provide Money Transfers with Liveness Technology
- 3 years 11 months ago
- Digital Identity, Money Transfers
Instant money transfers company, fintech Spoko.app, announced their partnership with Sumsub, an ID verification company with bank-grade security. Through this partnership, Spoko.app will fortify fraud protection and reduce user verification time down to one minute - all in efforts to support the 1,7 billion adults worldwide with no access to bank accounts.
QR Code Payments to Hit $2.7T Value by 2025, China to Generate 85% of All Transactions
- 4 years 2 days ago
- Payments, Money Transfers
Over the years, QR code payments have witnessed impressive but fragmented global growth, with significant transaction value differences between the regions. Their ability to combine payments and loyalty makes them ideal for retailers seeking to leverage valuable transactional data, while their low-cost nature is expected to drive growth in the years to come.
Digital Commerce Spend to Exceed $11.6 Trillion in 2021, as Transition to Digital Channels Accelerates
- 4 years 2 days ago
- E-Commerce, Money Transfers
A new study from Juniper Research has found that digital commerce spending will rise to over $11.6 trillion by the end of 2021, from $10.5 trillion last year; a growth of 11.5% in a single year.
Paysend Joins Forces with Open Finance Platform Plaid for Faster and Easier Money Transfers Worldwide
- 4 years 1 week ago
- Payments, Money Transfers
Global FinTech Paysend today announced a collaboration with Plaid, a leading open finance platform and financial data network, to provide customers with a more streamlined experience in connecting and transacting from their bank accounts to Paysend’s money transfer app.
TransferGo Defies Remittance Predictions with All-time Highs
- 4 years 2 weeks ago
- Payments, Money Transfers
TransferGo, one of the world’s fastest growing money transfer companies, today showcases the strength and importance of digital remittances by hitting new milestones in total transactions and in cross-border payment flows. It has now recorded over £3billion in international money flows and over 10 million customer transactions, demonstrating both its resilience and value in keeping its global migrant customers connected with loved ones during a... more
Western Union to Release First Quarter Results on May 4, 2021
- 4 years 2 weeks ago
- Payments, Money Transfers
The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, announced today that Chief Executive Officer Hikmet Ersek and Chief Financial Officer Raj Agrawal will host a webcast and conference call to discuss 2021 first quarter results on May 4, 2021 at 4:30 p.m. ET. A press release highlighting the financial results will be issued at approximately 4:00 p.m. ET the same day.
PagoFX Launches Fast, Secure and Low-Cost International Money Transfer Service in Spain
- 4 years 4 months ago
- Money Transfers
PagoFX, the low-cost international money transfer service, is now available in Spain. As the service is open to Spanish residents no matter who they bank with, anyone will have access to PagoFX’s fast and secure international payments. PagoFX is a part of PagoNxt, a new autonomous business created by Banco Santander to bring together its most disruptive payments businesses to compete with global digital payments platforms.
Paysend Resolves 97% of Support Queries Within 24 Hours During COVID-19
- 4 years 5 months ago
- Covid-19, Payments, Money Transfers
As the world continues its race towards total digitalisation, embracing customer feedback is essential to ensure positive engagement, and to improve services by fine tuning them to customer preferences. UK-based global FinTech firm Paysend has reported that 97% of issues raised with its Customer Service team are resolved within 24 hours, despite additional pressure from the global pandemic, including remote working environments.
As Nearly Half of 16-25 Year Olds Could Be Plunged Back Into ‘lockdown Loneliness’, Supporting Human Connections is Critical During Pandemic, Says Paysend
- 4 years 5 months ago
- Covid-19, Money Transfers
As nearly half of 16-25 year olds could be plunged back into ‘lockdown loneliness’, supporting human connections is critical during pandemic. • Mental Health Foundation data: 44% of 16-25 year olds experienced loneliness during lockdown • 1 in 4 UK adults felt lonely during lockdown, way up from 1 in 10 before the pandemic • Paysend money transfers aiming to connect friends and families during lockdown to help this
Prime Bank launches International Money Transfer Service SimbaPay
- 4 years 5 months ago
- Money Transfers
Prime Bank (www.Primebank.co.ke), a leading private bank in Kenya, has partnered with London-based FinTech SimbaPay (
India Embraces Digital P2P Money Transfers During Pandemic, Fuelling 1M New Users on Paysend
- 4 years 6 months ago
- Covid-19, Money Transfers
Following coronavirus outbreak, Paysend facilitated more than double the volume and value of payments to Indian bank accounts.
TradeCore and Plato to Bring More Efficient Money Transfers to Market
- 4 years 6 months ago
- Money Transfers
Fast growth fintech TradeCore today announces a partnership with Plato, supporting the payments business in bringing quicker, easier and more cost-effective payment transfers to customers.
African Money Transfer Boost as World Bank Aims for Full Digitalisation by 2030
- 4 years 7 months ago
- Money Transfers
In the wake of a 2019 report by the World Bank setting out plans to digitalise the entirety of Africa by 2030, UK-based money transfer provider Paysend has continued to strongly increase its digital coverage across Africa. Paysend will now allow its 2 million users to send money to new countries like Benin, Madagascar, Malawi, Mozambique, Niger, Uganda and Zambia. This will bring the total amount of countries to 18, covering 30% of the total... more
MFS Africa Drives Cheaper African Remittances with PaySii
- 4 years 8 months ago
- Payments, Money Transfers
Pan-African cross-border payments leader MFS Africa has today announced its partnership with global money transfer start-up PaySii to help facilitate remittances in Africa. The partnership with MFS Africa will enable PaySii to extend its services to customers who want to send money to mobile wallets in Nigeria, Ghana, Uganda, Cameroon, Rwanda, Ethiopia, Côte d'Ivoire, Zambia, Madagascar, Malawi, Congo, Niger and Benin.
Paysend Enters Technology Partnership With Alipay for Global Remittances
- 4 years 8 months ago
- Money Transfers
Paysend, the global Fintech corporation based in UK, announces a technology collaboration with Alipay to provide Paysend's users with cross-border money transfer that brings more convenient and inclusive services to consumers globally.
