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.
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.
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.
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.
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”.
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.
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, 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.
A new Melbourne based Fintech startup has completed a USD$13 million Series A investment from Tencent, the company that owns WeChat.
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.
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.
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.
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!
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.
88% percent of banks globally are becoming increasingly concerned about losing business revenues to Fintech challenger firms according to PricewaterhouseCoopers.
The Spanish banking giant BBVA has completed the first successful trial of a new Distributed Ledger Technology (DLT) known as Ripple.