Optimal Payments , a leading global payments provider, has announced a partnership with Revolut for the launch of its innovative currency exchange solution set to bring change to the foreign exchange market this summer. The solution is an innovative multi-currency MasterCard and mobile app that allows people to both spend and send money abroad at
Xoom Corporation, a leading digital money transfer provider, announced the launch of its money transfer service to Hong Kong. This bank deposit service allows immigrants from Hong Kong and other individuals to conveniently send money online to bank accounts in Hong Kong with their U.S. bank accounts, credit cards, or debit cards. “We are thrilled
CanadianForex, one of the world’s leading technology-driven international money transfer providers, announced the launch of “Forex Money Transfer,” the latest advance in currency transfer apps. Forex Money Transfer enables consumers on-the-go to send money in 48 currencies to friends, family and merchants around the globe. CanadianForex is a wholly-owned subsidiary of The OzForex Group, a
The Bank of Tanzania (BoT) said that the USA’s Financial Crime Enforcement Network (FinCEN) final ruling will have an effect for the future of FBME Bank. The FinCEN recently ruled that FBME was linked to money laundering and that prohibits the US financial institution from opening or maintaining correspondent accounts or payable on behalf of
Emerging Markets Payments (EMP), the leading electronic payments processing company in Africa and the Middle East, is pleased to announce that it is now working with Premier Bank, its first customer in Somalia. Working together, EMP will deliver debit and prepaid issuing services, as well as ATM aquiring throughout the Premier Bank network. As a
NCR Corporation, the global leader in consumer transaction technologies, announced that Vodat International is using Authentic, an intelligent payments platform from Alaric, an NCR business. Vodat is using the platform to underpin its Unified Payment Service, which is providing retailers with a managed, PCI-compliant card processing solution. This has enabled Vodat’s clients to significantly reduce
Airbnb, the world’s leading community-driven hospitality company, announced that its CEO, Brian Chesky will attend GES 2015 to meet with entrepreneurs from around the world and explore the sharing economy’s impact and expansion, particularly on the African continent – which represents a huge opportunity for the company. In the last twelve months alone, Airbnb has more
iVeri Makes Payment Collections Convenient for Incoming Tour Operators in Sub-Saharan Africa In a new report “Payment Methods for Incoming Tour Operators in Sub-Saharan Africa” iVeri Payment Systems , a top payments technology company in Africa, looks at the unique challenges faced by incoming tour operators in Sub-Saharan Africa when it comes to payment systems.
BPC Banking Technologies, the leading provider of Open System payment solutions, together with Palestine Monetary Authority (PMA) announces the launch of the National Switch of Palestine. The National Switch, based on SmartVista, is considered a cornerstone for the Electronic Retail Payments in Palestine. The implementation of the National Switch is part of PMA’s strategy in
FBME, one of Tanzania’s largest commercial banks, has been cut off from accessing the US financial system on suspicions that the bank has facilitated money laundering, terrorist financing and organised crime. However, in an exclusive interview with the ‘Sunday News’ yesterday, the Treasury Registrar, Mr Lawrence Mafuru, allayed fears that the bank will cease to
