Remittance

08 Feb 16 @ 12:05

Stellar.org, a non-profit startup foundation that supports a universal financial platform, has been a part of the Fast Forward accelerator, which is funded in part by Google and BlackRock. The instant... read more

04 Feb 16 @ 14:02

Western Union and Viber, a mobile messaging app with 664 million unique users worldwide, have announced an agreement to offer cross-border money transfer

02 Feb 16 @ 14:40

The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account... read more

02 Feb 16 @ 11:29

MyBank has reported strong growth for 2015 both in the volume and value of transactions as well as in the number of merchants offering MyBank. More than €650 million worth of payment... read more

21 Jan 16 @ 12:18

R3 CEV is set to trial its first Blockchain experiment using Ethereum and Microsoft Azure’s Blockchain as a Service, and involving 11 of its member banks. The R3-managed private peer-to-peer distributed ledger... read more

20 Jan 16 @ 09:36

New FinTech innovators are challenging the traditional way that cross border payments have been done. But are businesses tapping into the new innovation – or staying with the status quo?... read more

11 Jan 16 @ 13:17

A new study has found that UK banks charge small and medium sized enterprises (SMEs) nearly £4bn in hidden transfer fees each year to make international money transfer payments. 96% of... read more

07 Jan 16 @ 15:54

Saxo Payments and SafeCharge announced a partnership which will see SafeCharge  gain a significant competitive edge, enabling it to offer its clients fast and cost-effective banking services in multiple currencies. The... read more

09 Dec 15 @ 14:16

Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement... read more

12 Nov 15 @ 08:47

The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments... read more

10 Nov 15 @ 13:27

Safaricom has reported a 24% jump in M-Pesa revenues to KES19.4 billion ($190 million) in H1 2015, as its active user base reached 15.7 million. Interestingly, the operator also revealed... read more

28 Oct 15 @ 11:06

Fintech companies are leading the way in disruptive innovation in financial services, helping to bridge a $2 trillion funding gap for millions of small and medium-sized enterprises (SMEs) seeking credit... read more