Remitly, preparing to go public, detailed a cross-border payments opportunity worth in the trillions of dollars annually, and said that the global remittance market is ripe for a tech-led overhaul toward mobile channels. Get the Full Story Complete the form to unlock this article and...
With its central bank effectively leaderless and the Afghani dollar in a nosedive, geopolitical aspects of the Taliban takeover are being overshadowed by the collapse of Afghanistan’s financial system, and the toll of drastic money shortages on a nation of over 39 million people. Get...
Mobile-first FinTech authentication platform Entersekt is teaming up with Norway’s electronic identification solution BankID to offer financial institutions (FIs) in Norway a unified approach to managing identification protocols. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Second-hand smartphone broker EZE Wholesale is aiming to change how Nigeria buys and sells refurbished devices as the appetite for electronics grows amid a weak economy and a high population of poor households, Techcabal reported on Tuesday (Aug. 31). Get the Full Story Complete the...
American Express (Amex) is ditching support for Samsung Pay in India, which was launched in 2017 to back credit and debit cards from financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fino Payments Bank is contemplating merging with its holding company, subject to approval from the Reserve Bank of India (RBI), according to a Monday (Aug. 30) CNBC report. The possible reverse merger comes on the heels of RBI’s authorization for the reverse merger of two...
The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled by the country’s Communist Party, reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Today in payments around the world: UnionPay gives tuition refunds to international students studying in Australia, and Visa and Arab Money Fund work on expediting cross-border payments. Plus, Britain raises the contactless payment limit, and Thunes and Bank Alfalah team up for a real-time payments...
In a statement released on Friday (Aug. 27), Singapore-based FinTech company Thunes said it has partnered with leading Pakistani retail bank Bank Alfalah to enable real-time cross-border payments to consumers in Pakistan. Get the Full Story Complete the form to unlock this article and enjoy...
