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Cashmallow, RCBC Partner to Enhance Cross-Border Remittance and Enable Cardless ATM Withdrawals in the Philippines

Fintech Finance

Cashmallow has partnered with Rizal Commercial Banking Corporation (RCBC) , one of the Philippines’ leading banks, to enhance cross-border remittances and enable cardless ATM withdrawals for foreign travelers in the Philippines. You may also check out RCBCs ATM network to find out its different locations.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes. This can be on-prem, or hosted in any private or public cloud.

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Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Fintech Finance

Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money , one of Africa’s leading cross-border money transfer operators, and Access Bank , to launch new WhatsApp-powered bank card that stands out for its innovative use of WhatsApp banking.

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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.

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WeChat Pay Service Simplifies Cross-Border Tuition For Chinese Students

PYMNTS

The move is an attempt to make it easier for those students to make cross-border transactions. Although mobile payments are very common in China, simple cross-border transactions are not. Rival Alipay has a similar functionality that allows tourists to link their own bank cards to its app.

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Germany to develop state-run European digital identity wallet

NFCW

Germany’s EUDI wallet will enable citizens to store their ID card digitally on a smartphone app similarly to how they securely carry their bank card or travel tickets. It will allow them to prove their identity or age and sign with a qualified electronic signature.

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New Report: Can Flexibility Cut X-Border Costs?

PYMNTS

Cross-border trade is poised for a big boost in the coming years as more U.S. This increase in cross-border trade also brings new challenges and opportunities, including in the logistics market. What does it take to help keep billions of dollars’ worth of goods moving smoothly across borders?