Prospects of Money Transfer Apps
Many digital applications help people store and transfer their money securely, ensuring quick transfers, including international ones, without large commissions.
Many digital applications help people store and transfer their money securely, ensuring quick transfers, including international ones, without large commissions.
By the end of this year, up to 20 countries can join the pan-African payment system.
Currently, in Latin American countries, a significant part of non-bank households does not demonstrate either the desire or any readiness to switch to real-time payment in their actions related to handling finances, but experts believe that in the near future in some parts of this region, the corresponding service will be scaled.
Plaid has introduced a new solution called Plaid Link, which will facilitate consumers’ access to real-time data on the movement of money.
DoorDash is a highly popular and convenient app that allows users to easily order food or groceries from a vast selection of stores and restaurants throughout the United States.
E-commerce company Shopify has announced the beginning of an open banking partnership with Volt.
The Central Bank of Thailand has launched a retail pilot project using the central bank’s digital currency (CBDC).
The blockchain analytics platform Chainalysis last Monday, June 12, announced the integration of the crypto-payment platform Coinbase Commerce.
Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.
PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.
SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.
The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.
The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked
Apple Cash users will be able to set up weekly, biweekly, or monthly payments from its Apple Cash digital card
A global leader in white-label payment software, Akurateco, has announced its strategic direct integration with Skrill, a renowned EU-based digital payment solutions provider and a part of the Paysafe Group.
In Australia, the era of paper checks is gradually coming to an end.
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