Remove Accounts Remove Bank Card Remove Card Services
article thumbnail

Korean banks let consumers make ATM cash withdrawals and deposits with their smartphones using QR codes

NFCW

SCAN: Availability is being expanded from NFC on Android phones to QR Codes on all smartphones Consumers in Korea can now make cash withdrawals and deposits at ATMs by scanning a QR code with their Apple or Android smartphone rather than needing to use a physical bank card.

ATM 120
article thumbnail

Mama Money Launches WhatsApp Banking Card to Simplify Access to Finance

The Fintech Times

Paymentology , the global issuer-processor has partnered with Mama Money , the African cross-border money transfer operators, and Access Bank , to launch a new bank card service that will utilise WhatsApp banking.

article thumbnail

Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case

PYMNTS

The ringleader was reportedly a Bucharest-based car wash owner, Bogdan-Stefan Popescu, who would transfer the illicit funds out of bitcoin and into bank accounts under the names of friends and family.

Bitcoin 80
article thumbnail

The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

To determine the best banks of 2024 from Asia and elsewhere, participants assessed banks where they currently have or had a checking or savings account within the past three years, or were familiar with through family or friends. CHINA #1 China Merchants Bank China Merchants Bank Co.,

article thumbnail

Senders As Issuers: A New Space For Cards In Global P2P

PYMNTS

The essential value proposition it offers customers on both sides of the house is simple: InstaReM can move funds (or in a bank’s case, its customers’ funds) instantly and digitally from account to account (retail or corporate) across borders for a nominal cost that the user can see before ever clicking send.

Issuers 75
article thumbnail

Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

In 2017, Andreessen Horowitz general partner Alex Rampell said that of all the tech giants that could make a major move in financial services: “Amazon is the most formidable. If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Approximately 24.2M US households, composed of 48.9M

article thumbnail

PayPoint and Lloyds Bank Announce Major Strategic Partnership Expansion

Fintech Finance

The expanded partnership, going into pilot in Q2 FY24/25, with a full launch expected in Q3 FY24/25 (subject to regulatory approval), will offer merchants a market-leading banking and card services proposition combining card payments, a 12-month fee-free Lloyds bank business account and a connected competitive commercial card offering.