Today in FinTech: P2P Payments; Ant in Singapore; Health Payments by Text

In today’s FinTech news, university students in India will have a new way to make payments for classes abroad via a collaboration with Cashfree and EasyTransfer. Plus, Luma Health’s LumaPay makes it possible to make payments for medical visits over text.

Cashfree Teams with EasyTransfer to Facilitate Indian University Payments Abroad

Cashfree and EasyTransfer are partnering to offer university students in India an easier way to make fee payments for classes abroad. The partnership between the two companies enables students to make educational payments directly through their existing bank accounts without having to set up a new account just to make payments.

Luma Health Debuts LumaPay, Patients Can Pay Via Text

Luma Health introduced a healthcare-focused service called LumaPay, the first module in the company’s financial product, LumaFinancial, part of the company’s Patient Success Platform. LumaPay powers patients to pay their bills through text messages or their providers’ websites. The Patient Success Platform gives healthcare providers an integrated portal that links the clinical, operational, access and financial aspects of a patient’s journey.

Ant Group Intros ANEXT Bank in Singapore

China’s Ant Group is launching ANEXT Bank in Singapore after receiving approval from the  Monetary Authority of Singapore (MAS). Ant Group, controlled by billionaire Jack Ma, already had one of the first banking licenses issued by MAS, which gave it the green light to deliver financial services to financial institutions and corporations.

CoinZoom Instant Debuts Outside US Through Visa Direct

FinTech platform and cryptocurrency exchange CoinZoom is partnering with Visa to integrate the real-time push payments network Visa Direct. The integration means that customers with eligible cards in 194 countries outside the U.S. can get real-time disbursements.

Payrailz Partners With Q2 for P2P Payments

Digital payments company Payrailz is aligning with Q2’s digital banking platform to offer banks and credit unions a better payment experience. Q2 Holdings offers digital solutions for banking and lending and will integrate with Payrailz to provide peer-to-peer (P2P) payment services within Q2’s Partner Accelerator Program.