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PayPal Partners With TerraPay to Enable Real-Time Fund Transfers Across MENA

The Fintech Times

PayPal , the global digital payments and commerce giant, has joined forces with TerraPay , the global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. Expanded financial connectivity, empowering millions of customers to transact internationally with ease.

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FOMO Pay Adds Vietnam to Cross-Border Network with Launch of VND Accounts

Fintech News

The company facilitates business-to-business fund transfers across more than 100 countries and continues to grow its local payment network in key markets across Southeast Asia and beyond. This expansion follows FOMO Pays recent rollout of United Arab Emirates Dirham (AED) payment capabilities.

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Trust Bank Adds New Security Feature ‘Trust Lock’ to Combat Scams

Fintech News

Unlocking your money Unlike some banking features that require in-person visits to unlock funds, Trust Lock is fully app-based. Customers can create and lock up to five Savings Pots, which continue to earn interest and count toward Trust+ eligibility. There are no limits on how much money can be locked.

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The Journey of Payments and Clearing Systems in India

Finextra

Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable. This democratized electronic fund transfers for individuals and small businesses.

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Airtel Payments Bank Expands Women Business Correspondents Network to 100,000, Advancing Financial Inclusion and Empowerment

Fintech Finance

The women business correspondent (BC) network has been instrumental in providing doorstep banking services, including account opening, fund transfers, bill payments, and micro-loans, to people who previously lacked or had limited access to basic banking services.

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Empowering Financial Institutions: An Interview with the CEO of Almond FinTech

Fintech Review

What’s more, financial barriers continue to impact quality of life for people globally. Inspired by innovation, our product will continue to scale alongside developments in blockchain — ensuring we’re using best-in-class solutions that deliver the greatest impact. Today’s cross-border payment solutions also lack transparency.

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Skyee Receives In-Principle Approval (IPA) for Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS)

Fintech News

Skyee Group, established in 2016, has consistently adhered to its mission of linking the global financial network, building a new payment system, and providing all-around convenience for cross-border fund transfers.