Thursday, March 28, 2024
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

BBVA completes cross-border instant payments

BBVA completes its first cross-border real-time payments using Ripple's blockchain technology with eyes on B2B payments. Read more: www.pymnts.com

Amazon acquires Indian mobile payment license

In another attempt to secure a firm grasp on the Indian market, Amazon has turned towards mobile wallets for its next venture. Read more: www.crowdfundinsider.com

National Bank of Canada takes stake in Myanmar’s ONGO

The National Bank of Canada (NBC) is taking a 22% stake in Myanmar-based mobile payments business ONGO. Read more: www.fintechroundup.com

WorldRemit partners Wafacash for money transfers to Morocco

Digital money transfer service WorldRemit has partnered with leading Moroccan financial company Wafacash. Read more: www.finextra.com

Slight gains for payments stocks

Payments stocks were weighted just a bit to the upside as earnings season got officially under way. Read more: www.pymnts.com

AccessPay nabs £2m to take cloud payments platform to the US

Manchester, UK-based cloud payments service AccessPay has picked up £2m in debt financing to drive its state-side expansion plans. Read more: www.fintechroundup.com

Square picks up struggling Yik Yak’s tech team for $3m

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m. Read more: www.fintechroundup.com

Treasury and risk management, clearly, in the clouds

Jean-Luc Robert, chairman and CEO at Kyriba, talks about his approach to innovation and what is critically important about payments in today’s market. Read more: www.pymnts.com

One third happy to ditch cash as Europe looks to future

Cash may still be king for most Europeans, but more than one in three would be happy to abandon it altogether. Read more: www.bloomberg.com

Should central banks open up payment systems to non-banks?

The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems. Read more: www.finextra.com

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