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Tag: money transfer

Why KYC is an effective tool against Digital Fraud in Money Services Businesses (MSB) (Philip Chethalan)

MSB services have come to the rescue of many, who can’t access banks immediately and want to transfer money or carry out trade exchanges....

Ripple Price Prediction 2023-2025: This is When XRP Price May Reach $1

Cryptocurrencies are becoming more popular by the day. Adoption has increased significantly, particularly now that alternative payment solutions are available. When it comes to...

Why Africa’s Telecoms Must Actively Collaborate to Combat Fraud

With the digital transformation of the post-pandemic world, Africa is seeing a massive technology revolution, especially in the telecom industry, which has shifted network...

How Much Does It Cost To Develop P2P Payment Apps Like Venmo/PayPal?

Venmo: How Much Does It Cost To Build A Money Transfer App Like Venmo / Paypal?  ...

Ripple on XRP-Powered ODL’s ‘Rapid Growth’ in 2022

Earlier this week, FinTech firm Ripple took a closer look at the rapid growth this year of its On-Demand Liquidity (ODL) solution. In a...

Varo Bank Adds Zelle, Bringing Safe and Secure Money Transfers to its Mobile Banking App

San Francisco, California-based digital bank Varo has added popular money transfer solution Zelle to its mobile banking app.The integration will bring safe and...

10 common Zelle scams – and how to avoid them

Fraudsters use various tactics to separate people from their hard-earned cash on Zelle. Here’s how to keep your money safe while using the...

How to Develop a Money Transfer App Without Starting from Scratch?

With the way our society is moving, it is time for new money transfer apps to take over. The old-school methods of payment are...

Oh Canada! OneVest Secures $3.9 Million; Square Loans Arrives; CBDCs Garner Political Opposition

This week on Finovate Global we’re taking a look at some recent fintech developments in Canada. On the fundraising front, embedded wealth management platform OneVest announced a $3.9 million (CAD $5 million) seed funding round this week. The investment was led by Luge Capital and takes the Canadian fintech’s total funding to $5.5 million (CAD Read more...

The post Oh Canada! OneVest Secures $3.9 Million; Square Loans Arrives; CBDCs Garner Political Opposition appeared first on Finovate.

How global Fintech companies are reacting to Russia’s invasion of Ukraine

  As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients.  Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]

The post How global Fintech companies are reacting to Russia’s invasion of Ukraine appeared first on Fintech News.

PayPal’s 3 Moves Help with Humanitarian Efforts in Ukraine

PayPal is boosting its humanitarian efforts in Ukraine. The payments company is expanding upon its P2P money transfer services, waiving fees, and facilitating funds transfers to payments cards. These efforts are being made in addition to the company’s Cash Pick-Up and Mobile Phone Reload tools. Citizens across the globe have donated millions of dollars in Read more...

The post PayPal’s 3 Moves Help with Humanitarian Efforts in Ukraine appeared first on Finovate.

Digital Treasures Center Gets In-Principle Approval for Digital Payment Token Services

The Monetary Authority of Singapore (MAS) has granted in-principle approval to Digital Treasures Center (DTC), a payment company based on distributed ledger technology. With a license under the Payment Services

The post Digital Treasures Center Gets In-Principle Approval for Digital Payment Token Services appeared first on Fintech Singapore.

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