Search Results for: money markets

Money Markets Network Instimatch Global Sees Clients Up 50% in H2 2019
Banking Fintech News

Money Markets Network Instimatch Global Sees Clients Up 50% in H2 2019

Fintech News Desk
Instimatch Global, the digital network for institutional money market lending, has announced its performance highlights for the second half of 2019: Trade intent grew to $195 billion, up 44% on H1. The number of counterparties on the company’s international money markets network has grown to 80, up 50% compared to......
Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027
Analytics Digital Payments News

Juniper Research: Mobile Money Transactions to Exceed $2 Trillion in Emerging Markets for the First Time by 2027

Business Wire
A new study from Juniper Research, the foremost experts in the payments market, found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023. “Vendors must implement sophisticated MFS in an effective way, or they will......
Altman Solon Survey Reveals Trust in Mobile Service Providers Drives Mobile Money Adoption in Emerging Markets
Digital Wallet News

Altman Solon Survey Reveals Trust in Mobile Service Providers Drives Mobile Money Adoption in Emerging Markets

Fintech News Desk
Extensive survey across 17 markets found strong interest in mobile financial services among consumers, new opportunities for mobile money operators and telecom providers Consumers across Africa, the Caribbean, Latin America, and Southeast Asia are bypassing traditional banking services in favor of less expensive and more convenient Mobile Finance Services (MFS)......
Juniper Research: Mobile Money Transaction Values to Exceed $870 Billion in Emerging Markets by 2026, as the Payments-as‑a‑Platform Model Accelerates
Digital Payments News

Juniper Research: Mobile Money Transaction Values to Exceed $870 Billion in Emerging Markets by 2026, as the Payments-as‑a‑Platform Model Accelerates

Fintech News Desk
A new study from Juniper Research has found that the total value of mobile money transactions in emerging markets will exceed $870 billion in 2026, up from $555 billion in 2021; representing growth of almost 60%. Mobile money in emerging markets includes microinsurance, microloans, microsavings and mobile money transfer. Latest Fintech Insights: German......
Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets
Banking Guest Posts

Mobile Money and the Unbanked: How Mobile Payments Can Support Financial Inclusion in Emerging Markets

Brad Hyett
The shift to a cashless society was already underway before the pandemic hit. Nevertheless, the COVID-19 has accelerated years’ worth of digital transformation within the space of a few short months. From contactless spending to the rise of e-wallets, it’s an exciting time for consumers as digital innovation offers easier......
New Study from MoneyRates Shows the Job Markets Best Weathering the Pandemic
Economy Fintech News

New Study from MoneyRates Shows the Job Markets Best Weathering the Pandemic

Fintech News Desk
Utah’s job market has endured the coronavirus better than other states. Kansas, Nebraska, Wyoming and South Dakota have also held strong. With the coronavirus battering nearly every business sector and costing about twenty million jobs so far, MoneyRates.com examines the pandemic’s toll on each state’s job market. The personal finance resource......
Paxos to Acquire Finnish E-Money Institution Membrane Finance
Blockchain Finance Fintech News

Paxos to Acquire Finnish E-Money Institution Membrane Finance

Somesh Utkar
Will extend Paxos’ regulated platform into the EU and issue MiCA compliant stablecoins Paxos, the leading regulated blockchain and tokenization infrastructure platform, today announced it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon......
MoneyGram Appoints Josh Gordon-Blake as Chief Digital Officer
Finance Fintech News

MoneyGram Appoints Josh Gordon-Blake as Chief Digital Officer

PR Newswire
Gordon-Blake will spearhead the Company’s digital strategy with a focus on the growth and global expansion of MoneyGram Online The MoneyGram digital business continues to thrive, largely driven by MoneyGram Online, which serves millions of consumers worldwide MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company......
Chainlink Introduces Digital Assets Sandbox: A Turnkey Solution for Accelerating Innovation in Capital Markets
Blockchain Finance Fintech News

Chainlink Introduces Digital Assets Sandbox: A Turnkey Solution for Accelerating Innovation in Capital Markets

PR Newswire
This new sandbox enables financial institutions to conduct tokenization trials and collaborative PoCs within days, not months. Chainlink—the essential infrastructure for the tokenized asset economy—announced today the launch of the Chainlink Digital Assets Sandbox (DAS), designed to accelerate digital asset innovation within financial institutions. The Chainlink DAS is the ideal solution......
Bitget Wallet Announces Investment in New Asset Trading Platform Tomarket, Targeting Trillion-Dollar Markets Beyond DEXs
Finance Fintech Investments News Trading

Bitget Wallet Announces Investment in New Asset Trading Platform Tomarket, Targeting Trillion-Dollar Markets Beyond DEXs

PR Newswire
Leading Web3 wallet and DeFi platform Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform for emerging asset classes. Developed by industry experts from prestigious firms with the likes of Binance and Microsoft, Tomarket is designed to address markets and user needs beyond those......
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