TransferMate, the cross-border B2B payments provider, has announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice Connect – the platform for U.S.-based international businesses looking for a simpler, more cost-effective solution for receiving payments from their global customers. Read more »
Social media giant Facebook is set to roll out its own cryptocurrency dubbed “GlobalCoin” in 2020. The news and broadcasting organisation said on Friday that Facebook is planning to launch the cryptocurrency-based payments system in “a dozen countries” by the first quarter of 2020 and is looking to start trials by the end of this year. Read more »
Blockchain Technology is rapidly growing in different continents and many more people beginning to see the importance and relevance of cryptocurrency and blockchain technology in their different fields of life. Nations and companies are gradually adopting cryptocurrency in exchange for goods and services instead of fiat. However, the African continent seems to be lagging behind in the adoption of this upcoming technology resulting from the lack... more Read more »
InstaReM, a leading digital cross-border money transfer company with a global presence,has announced that it will now power cross-border payments for the clients of KASIKORNBANK(KBank), Thailand’s leading banking group, across select markets. InstaReM already powers payments for three of the top ten Southeast Asian Banksand leading financial institutions across the globe. This partnership with KASIKORNBANKhelps InstaReM further entrench itself... more Read more »
More than 1-billion people in over 180 countries use WhatsApp to stay in touch with friends and family, anytime and anywhere. It is this very reason that has driven Wari (www.Wari.com) to integrate with the WhatsApp Business solution to enable customers – through strategic partnerships - to request its financial services around the world on WhatsApp. Read more »
International payments platform Currencycloud has today ann Read more »
Modulr, the Payments as a Service API Platform for digital businesses, today announced that it has completed an investment of £14m. The investment round has been led by new investors Frog Capital as well as further investment from existing investors including Blenheim Chalcot. Read more »
Having transformed how consumers see ‘payments’, Klarna the Pay later company has turned its sights on the high street. It aims to show retailers how building a positive ‘play-area’ for buyers can inject new life into bricks and mortar outlets. At the same time, it wants to create new opportunities for pure-play digital brands to get hands-on with customers and create even closer engagement. Read more »
PXP Financial, a global payments expert delivering frictionless acquiring solutions built for merchants by merchants, has strengthened its expert team by welcoming new Chief Commercial Officer (CCO), Sumit Arora. Read more »
CULedger has expanded its partnership with enterprise software firm R3 to further support domestic and cross-border payments for credit unions, also known as financial cooperatives, worldwide, on the Corda blockchain platform. Corda will serve as the underlying basis for CULedger’s new electronic funds transfer (EFT) product, CU Pay. Read more »
FSS (Financial Software and Systems), a global payments technology company, today, released a report titled – India Payment Trends 2018, that highlights key Indian consumer payment trends in 2018 and analyzes their spending habits and patterns. FSS Payment Gateway processed 58% of India’s e-commerce transaction value amounting to USD 32.7 Billion. The key highlights from the report include: Read more »
The Swedish company, Cyclebit, has signed a global partnership agreement with Tangem. Tangem smart note holders will soon be able to use their crypto for retail payments through more than 200,000 POS terminals within Cyclebit network. The terms of the agreement will simplify purchase of Tangem notes for individuals, and reload crypto into Tangem notes via the Cyclebit payment terminals and network. This will lead to a global increase in crypto... more Read more »
CryptoCompare, the leading provider of cryptocurrency data and indices, today announced that Thomas J Lee, Co-Founder and Managing Partner of Fundstrat Global Advisors, will be giving the afternoon keynote speech at this year’s CryptoCompare Digital Asset Summit, taking place on the 12th June in London. Read more »
PrePay Solutions (PPS), subsidiary of Edenred, the global leader in payment solutions for the working world, is powering the Rugby Football Union’s (RFU) gift card programme. In partnership with Voucher Express, a specialist gift card provider, PPS is launching a one-stop closed loop gift card that can be used for purchases at the England Rugby Store. The new gift programme includes both physical and digital cards. Read more »
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with UK-based digital money solutions provider, Wirex. The partnership will help Wirex offer International Bank Account Numbers (IBANs) to deliver effective cross-border payments. Read more »
