TranSwap Launches E-Remittance Services for Foreign Domestic Workers
- 6 years 5 months ago
- Payments
TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDW's families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send money home and support their families.
HDBank Joins Contour Network to Improve Letters of Credit Issuance
- 6 years 5 months ago
- Banking
HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
1pm Accredited Under the Coronavirus Business Interruption Loan Scheme (CBILS)
- 6 years 5 months ago
- Covid-19
1pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, has today been approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS), term loan and asset finance variants on Tuesday, May 5. The British Business Bank has approved 1pm Finance (UK) Ltd, a wholly-owned subsidiary of 1pm plc, which trades as Onepm Finance (“Onepm”), to be an accredited...
Marriage Care Roll Out MobiCash to Enable Charitable Donations
- 6 years 5 months ago
- Payments
Marriage Care, a UK relationship counselling service charity, are rolling out MobiCash, a mobile payment service, to all of their centres that provide counselling across England and Wales.
Bitcoin Halving to Attract More Investment, Says eToro's Simon Peters
- 6 years 5 months ago
- Investment, Bitcoins, Cryptocurrencies
Bitcoin, the world’s best known and arguably most successful crypto, will undergo a halving on the 12th May. According to Simon Peters, analyst at investment platform eToro, the halving could not only see the price of bitcoin rise, as it has done following previous halvings, but it could also result in a whole new brand of crypto investors. The halving, which will be the third time it has happened on bitcoin, will see the block halve from 12.5...
Leyton Group Receives £1.3M Facility From Nucleus Commercial Finance
- 6 years 5 months ago
- Fund Management, Wealth Management
Nucleus Commercial Finance has provided a £1.3m facility to steelwork specialist firm Leyton Group, enabling the business to take on larger projects and expand across the UK. Founded in 2011, Leyton Group is a leading specialist in steel staircase design, manufacture and installation, currently operating mainly across London and the south. The business has completed significant key projects; including the PwC HQ at One Embankment Place,...
MEA Retail Banks Strongly Believe in a Cashless Society According to Temenos Research
- 6 years 5 months ago
- Payments, Online Banking
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The in-depth survey conducted in 2019 by the Economist Intelligence Unit (EIU) on behalf of Temenos reveals that 6 in 10 Middle East and African banking executives think cash will dip below 5% of retail transactions in the next five years, compared...
Genome is Waiving Service Fees for All Low-Risk Businesses as a Support Act During the COVID-19 Pandemic
- 6 years 6 months ago
- Covid-19, e-Payments, Money Transfers, Banking
Genome is an Electronic Money Institution, licensed by the National Bank of Lithuania, founded in 2018. Specializes in online financial services for personal and business needs: the opening of business, settlement and merchant accounts with dedicated IBAN’s, providing SEPA and SWIFT transfers with a possibility to do currency exchange and also payment processing via credit cards and all other alternative payment methods. The fintech company has...
Video Banking Helps to Maintain Financial Services Provision During COVID-19
- 6 years 6 months ago
- Covid-19, Banking
Remote tellers broaden customer banking options RBR’s Teller Automation and Branch Transformation 2019 report reveals that video banking technology is increasingly being adopted to extend banking services both within and beyond the branch. The study, which covers 23 key global markets, shows that the uptake of video teller machines is rising, as institutions seek to boost customer access and cut costs.
N26 Raises More Than $100M in Extension of Its Series D Funding
- 6 years 6 months ago
- Banking, Mobile Banking
N26 has today announced an extension of its Series D funding round to $570M, with a further increase of more than $100M coming from all of the company’s major investors. To date, N26 has raised close to $800M, keeping its valuation at $3.5B. N26 is today one of the highest valued and most well-funded FinTech companies globally.
Form3 and Barclays Enable Access to the SEPA Instant Payment Scheme for FinTechs, With Ebury as the Launch Client
- 6 years 6 months ago
- Payments, Banking, Cloud
Form3, the leading cloud-native, payment technology provider, and Barclays, a leading provider of financial services to regulated payment institutions, have announced a combined directly connected access solution to the SEPA Instant payment scheme with Ebury as launch client.
additiv Digital Investment Management Solution Goes Live at PostFinance
- 6 years 6 months ago
- Investment Management, SaaS
PostFinance, one of the leading retail financial institutions in Switzerland, and additiv, a leading SaaS provider to the wealth management industry, today announce the successful implementation of a new, 100% digital investment platform for PostFinance customers.
Worldpay from FIS Enables One-Click Google Pay Integration for Merchants
- 6 years 6 months ago
- Payments
FIS™ (NYSE: FIS), a global leader in financial services technology, today announced the addition of Google Pay to its Hosted Payment Page (HPP) product for online merchants. Because Worldpay from FIS has made the technical integration within their HPP offering, merchants can simply “turn on” Google Pay to enable express online checkouts.
MCO and Governor Software Announce Strategic Partnership
- 6 years 6 months ago
- Data
MCO (MyComplianceOffice) announced today a strategic partnership with Governor Software Ltd. to unite the dynamic data collection and workflow capabilities of MCO’s flagship product, MyComplianceOffice, with the visual mapping of global regulations to compliance governance available in Governor Software.
OpenPayd Bolsters Team With Former VP of Sales at Currencycloud
- 6 years 6 months ago
- APIs, People Moves
OpenPayd, the API-led Banking-as-a-Service provider, today announces the appointment of Digby Try as the new Head of Sales. With over two decades of cross-border payments experience, Digby will bring invaluable insight to the team driving OpenPayd’s next phase of growth.
