digital economy
areeba has partnered with Wallet Factory to launch Zaky, the new mobile payment platform, enabling mobile payments in Lebanon. Zaky is a mobile wallet app that allows consumers and merchants to send and receive instant payments. Zaky is the first digital wallet to be licensed and approved by the Central Bank of Lebanon. After downloading […]
ClearBank has stated that it has become the first clearing bank to offer multi-currency bank accounts via API. The clearing bank will be able to offer more than 30 multi-currency bank accounts in the Q4 2020. ClearBank will be providing customers with the ability to seamlessly move funds between accounts with real-time foreign exchange pricing based […]
Visa Canada has announced the extension of Click to Pay to Canada. The offering helps consumers make safe and fast purchases across different retailers and platforms, as a “digital-first explosion has ushered in the next generation of commerce.” “With the increasingly high numbers of online shoppers in the wake of COVID-19, we are committed to […]
Hong Leong Bank has introduced Hong Leong Bank Tap On Phone, which enables Android mobile devices to be used a card payment acceptance device. This new contactless feature is made possible through a partnership with Payments Network Malaysia (“PayNet”) powered by Soft Space, with an aim to bring down the cost of going cashless even […]
WorldRemit has launched The WorldRemit Transfer Tracker mobile App. This app allows recipients of the money to track their remittances. The WorldRemit Transfer Tracker App is now available through the Google app store in Nigeria, India, Mexico and Colombia. It will also be free to download through the app store in 90 countries in iOS and […]
Jumio announced the launch of the Jumio KYX Platform. Jumio KYX Platform is a unified platform that adapts to the unique needs and risks of organizations. It lets modern enterprises easily verify user identities for onboarding, safeguard existing accounts and mitigate financial crime risk. The platform enables organizations around the globe to manage compliance requirements, […]
Square announced the launch of two new features, On-Demand Pay for employees, and Instant Payments for employers. These new features will enable Square Payroll customers and their employees to more easily and effectively manage their cash flow. The new offerings, which leverage Square’s Seller and Cash App ecosystems, represent a major milestone in providing employees […]
Flywire, a leading vertical payment company, has announced a partnership with Mastercard to provide international students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard. The offer, which is to be available during the 2020 Fall is for students originating from Kenya, Ghana UAE, Saudi Arabia, Qatar, and Kuwait attending any school that […]
Visa has announced the expansion of Click to Pay in Canada, helping consumers make secure purchases across various merchants and platforms. Click to Pay is based on the EMV Secure Remote Commerce industry standard. Following a successful initial launch in the US, Visa is now transitioning Visa Checkout merchants in Canada to this solution for […]
Tangerine Bank, a direct bank that delivers simplified everyday banking to Canadians has announced that the bank is giving Chequing Clients a new, convenient and secure way to pay with Visa Debit later this fall. The new Visa debit will be available in two card designs for clients to choose from. Tangerine Bank will leverage Visa‘s […]