Digital payments and banking technology firm i2c Inc. has joined forces with mobile app BEYON Money to roll out a digital wallet in Bahrain that enables retail, bill and peer-to-peer payments for users, connects to bank accounts via open banking, offers financial insights and provides...
Latin American consumers are steadily gaining access to digital financial services, but many still are flocking to alternative payment tools such as mobile wallets to make online purchases. According to a recent study, nearly 60% of the region’s online purchases were made via mobile device...
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Small but mighty is one way to characterize Nordic countries when it comes to payments innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Mobile wallet infrastructure startup Citcon raised $30 million in a Series C funding round led by Norwest Venture Partners and Cota Capital, and with participation by Sierra Ventures and Sonae IM, according to a press release emailed to PYMNTS on Friday (Oct. 22). Get the...
Facebook is debuting its Novi digital wallet as part of a pilot program in Guatemala and the U.S., according to a Tuesday (Oct. 19) company announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
MoneyGram’s recent announcement that it will be partnering with the Stellar Development Foundation, a nonprofit organization, on an eWallet offering with near-instant settlements in Circle’s U.S. Dollar Coin (USDC), is an indication of the growing use of cryptocurrency in the cross-border remittance industry. Get the...
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NayaPay has become the first electronic money institution (EMI) in Pakistan, after the company was granted commercial approval to operate by the country’s central bank, according to a company announcement Thursday (Sept. 2). Get the Full Story Complete the form to unlock this article and...
