Search Results for: electronic money institution

OwlTing Group Leverages Dow Jones Watchlist for OwlPay to Achieve Robust Global Regulatory Compliance
B2B News

OwlTing Group Leverages Dow Jones Watchlist for OwlPay to Achieve Robust Global Regulatory Compliance

Fintech News Desk
by Fintech News Desk0
Global cross-border transactions are increasing in demand. According to Juniper Research, a UK-based market research company, the total amount of global B2B cross-border transactions will grow from 34 trillion USD in 2021 to 42 trillion USD by 2026. With alternative transactions gaining popularity, the financial regulations in various countries become stricter. In light of......
Derivative Path Teams Up with Goldman Sachs to Deliver FX and Global Payments to US Regional and Community Banks
Banking News

Derivative Path Teams Up with Goldman Sachs to Deliver FX and Global Payments to US Regional and Community Banks

Fintech News Desk
by Fintech News Desk0
Derivative Path, a leading provider of capital markets technology and derivatives execution services to regional and community banks, announced it is collaborating with Goldman Sachs Transaction Banking (TxB) to offer an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments. Using TxB’s API-based platform,......
Small Business Platform Autobooks Announces $50Million Series C Led by Macquarie Capital Principal Finance
Finance News

Small Business Platform Autobooks Announces $50Million Series C Led by Macquarie Capital Principal Finance

Fintech News Desk
by Fintech News Desk0
Autobooks, an emerging payment and accounting platform secures long-term capital provider to accelerate distribution into 1/3 of U.S. banking market. Autobooks, the payment and accounting platform used by more than 800 financial institutions, announced it has raised $50 million in a Series C round led by Macquarie Capital Principal Finance.......
What is a Fintech Company?
Fintech Fintech Primers

What is a Fintech Company?

Fintech Staff Writer
by Fintech Staff Writer0
A Fintech company is a software development and service provider. The Fintech company synchronously offers Cloud-based solutions and integrations to financial services companies. Fintech companies use emerging technologies such as Artificial Intelligence, RPA, Machine learning-based document processing, NLP, and business analytics. Big banks, insurance companies, digital wallets, and AI-based Mobile......
Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients
Investments News

Futu Holdings Achieves Solid First-Quarter Growth Amid Market Volatility with 67.9% YoY Increase in Paying Clients

Fintech News Desk
by Fintech News Desk0
– Flagship trading apps moomoo and Futubull have acquired 18.1 million global users as of quarter end Moomoo parent company Futu Holdings Limited a leading tech-driven online brokerage and wealth management platform, reported solid performance for the quarter ended March 31, 2022, with US$209.5 million (HK$ 1641.0 million) total revenues, and US$79.4 million (HK$622.2 million) non-GAAP......
Hawaii State Federal Credit Union Names Lumin Digital as Enhanced Digital Banking Services Partner
Banking News

Hawaii State Federal Credit Union Names Lumin Digital as Enhanced Digital Banking Services Partner

Fintech News Desk
by Fintech News Desk0
Lumin Digital, a PSCU company, announced that Hawaii State Federal Credit Union (Hawaii State FCU) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Once Hawaii State FCU goes live on the platform in June 2022, Lumin Digital will support the credit......
India Surges Ahead as the World's Leader in Real-Time Payments – Boosting Economic Growth – ACI Worldwide Report
Digital Payments News

India Surges Ahead as the World’s Leader in Real-Time Payments – Boosting Economic Growth – ACI Worldwide Report

Fintech News Desk
by Fintech News Desk0
Real-time payments are forecast to boost Indian GDP by US$45.9 billion in 2026 as real-time payments transaction volumes set to exceed 206 billion, according to Cebr economic impact study India has extended its global leadership in real-time payments, hitting a staggering 48.6 billion transactions in 2021, which helped unlock $US16.4......
Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash
Commerce Digital Payments News

Nium Signs Definitive Agreement to Acquire Socash

Fintech News Desk
by Fintech News Desk0
Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network for a modern approach to digital commerce in emerging markets Nium, the global platform for modern money movement, announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions......
OPay Was Approved by The Central Bank of Egypt to Issue Prepaid Cards to Help Digital Finance Reform in Emerging Markets
Digital Payments Fintech News

OPay Was Approved by The Central Bank of Egypt to Issue Prepaid Cards to Help Digital Finance Reform in Emerging Markets

Fintech News Desk
by Fintech News Desk0
Emerging market fintech unicorn OPay has received preliminary approval from the Central Bank of Egypt (CBE) on April 13 to partner with Masria Digital Payments (MDP), Egypt’s largest card provider, to issue prepaid cards in Egypt. OPay plans to issue 200,000 prepaid cards in the first phase, which will provide Egyptian users with convenient and fast non-bank......
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