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HSBC Bolsters Cross-Border Payment Capabilities in Partnership With Dandelion

The Fintech Times

.” Send like a local HSBC’s ‘Global Money Transfers’ offering looks to enable customers to ‘Send Like a Local’ with same-day or next-business-day delivery to most destinations through its mobile banking app.

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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

The fintech sector in Armenia is growing at a compound annual growth rate (CAGR) of 25 per cent, with mobile banking becoming increasingly prevalent. Armenia is also exploring blockchain and cryptocurrency, with substantial investments in crypto mining and ongoing discussions about developing a central bank digital currency ( CBDC ).

FinTech 69
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Virgin Money Rewards New M Power Customers with a £25 Bonus

Fintech Finance

It is designed for savvy young savers and spenders alike, featuring no monthly fee, fee-free debit card spending in the UK and abroad (some ATMS may charge a fee), a dedicated mobile app to help children make the most of their money and a distinctive red debit card made from recycled plastic.

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What is ACH Credit and ACH Debit and How Do They Work?

Stax

Understanding ACH credit payments means understanding the way in which different types of ACH payments are processed in the US banking system. ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments.

ACH 88
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Aion Bank and Vodeno Find European Retailers Offer More Payment Options Than UK Counterparts

The Fintech Times

As a result, European merchants have started offering five payment methods at checkout on average, although many are looking to increase this, according to new research by Aion Bank , the subscription-based, digital bank, in partnership with Vodeno , the API-based, cloud-native platform.

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NBK Unveils Payment Verification Service on Its Mobile Banking App

Fintech Finance

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

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Mobile Banking Firm Chime Gets $14.5B Valuation With New Funding

PYMNTS

Mobile banking upstart Chime has completed funding that has provided the firm with a $14.5 Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. billion valuation, CNBC reported.