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 […]

Tesco Bank has announced that it’s the first financial institution  in the United Kingdom to introduce technology that allows its 2.6 million credit card customers to more easily manage and pay their balances.  The new service is powered by Mastercard’s Open Banking Connect solution. It allows Mobile and Online credit card customers to make payments directly […]

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 […]

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 […]

Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced Payoneer for Banks, a new program which helps financial institutions provide businesses of all sizes with a seamless way to make or receive cross-border payments. The program includes partnerships with ten banks and eWallets in ten countries, with many more in the works. […]

Emirates Digital Wallet LLC, along with First Abu Dhabi Bank (FAB), Mashreq Bank, National Bank of Fujairah and Mastercard today announced the launch of klip, Emirates Digital Wallet’s Digital Cash Platform. Through Klip users can transfer money to others via a mobile number and allowing users to seamlessly pay for goods in-store using the existing […]

Cred, a global digital asset lending and borrowing platform, has announced that the firm has joined Visa’s Fast Track program, speeding up the process of integrating with Visa.  According to co-founder and CEO of Cred, Dan Schatt, the firm’s acceptance into Visa’s program would allow Cred more leverage on the market reach, capabilities, and security […]