Can I Really Manage My Finances From A Smartphone App?
So long as you don’t download too many and keep it simple, personal finance apps can really help you save, budget, and avoid defaulting on payments.
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London & Hong Kong’s Financial Bodies Join Forces To Support Global Fintech Innovation
The UK’s Financial Conduct Authority (FCA) and its Hong Kong equivalent, the Securities and Futures Commission (SFC) have signed a co-operation agreement that will promote information sharing between the two regions that will make it easier for approved, fintech startups to set up operations.
How To Use The Money Cloud To Transfer Money To Malaysia
You may be a business paying a Malaysian supplier, or setting up an office there. You may be paying for a holiday in advance. You may be paying for tuition. You may be buying a property there.
The World Bank Releases Latest Guide To Remittances Prices Worldwide
Remittance Prices Worldwide (RPW), a subsidiary of the World Bank, has released its quarterly report on the costs of sending money across major remittance “corridors”.
TransferWise Chooses Singapore As Asia Pacific Hub
The Monetary Authority of Singapore (MAS) have secured a coup by persuading TransferWise, the peer-to-peer money transfer service headquartered in London, to choose the city as its new hub for the Asia Pacific region.
Ghana To Offer $2.6m Worth Of Grants To Companies Developing Innovative Remittance Products
UAE Exchange, a leading global remittance, foreign exchange and payment solutions service provider, in partnership with Oberthur Technologies (OT), announced the launch of a “gocash” prepaid card that they say is the first ever contactless payment via wearables device.
UAE Exchange & Oberthur Technologies Create Contactless Payment Wearable Device
UAE Exchange, a leading global remittance, foreign exchange and payment solutions service provider, in partnership with Oberthur Technologies (OT), announced the launch of a “gocash” prepaid card that they say is the first ever contactless payment via wearables device.
Can Airwallex Become the Transferwise Of International B2B Money Transfer?
A new Melbourne based Fintech startup has completed a USD$13 million Series A investment from Tencent, the company that owns WeChat.
Prudential Bank To Partner With Ria Money Transfer In Ghana
Ria is the third largest provider of Money Transfer services worldwide, with more than 300,000 locations worldwide, whilst Prudential bank has a strong footprint in Ghana, so the deal makes sense.
TerraPay Launches Mobile Wallets In Tanzania
The mobile first international payments service TerraPay has received regulatory approval from the Bank of Tanzania to launch an International Money Transfer Service for mobile wallets based in Tanzania.
US To Tax Growing Caribbean & Latin American Remittance Market To Build Mexican Wall
Alabama congressman announced the introduction of a bill that will impose a 2% fee on all remittances made from the US to Latin American and Caribbean countries, in order to pay for the Mexico / US border wall.
How to compare money transfer companies
Together, or co-founders Emmanuel and Huw launched the first ever money transfer comparison site all the way back in 2004. Before you transfer, compare. That’s our message and our mission, and it is beginning to sink in!
Why Do We Send Money Abroad And Where Can We Find The Best Rates?
In 2010, the World Bank estimated that the amount of “remittances”, i.e. money sent from international migrant workers between countries for that year stood at around USD $440 billion.
PricewaterhouseCoopers Report Reveals Banks Fears About Losing Revenues To Fintech Firms
88% percent of banks globally are becoming increasingly concerned about losing business revenues to Fintech challenger firms according to PricewaterhouseCoopers.
BBVA's Distributed Ledger Technology Successfully Completes First Pilot
The Spanish banking giant BBVA has completed the first successful trial of a new Distributed Ledger Technology (DLT) known as Ripple.