Fintech News
MARCH 3, 2025
YouTrip, a Singapore-based multi-currency digital wallet, has launched a new service enabling users to send money internationally. The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries.
The Payments Association
JULY 18, 2025
Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change. Pilot innovative authentication methods – such as biometric or tokenised transaction models – within risk-based guardrails, with a focus on fraud performance and user experience metrics.
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Fintech News
JANUARY 2, 2024
Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. Moreover, a new transaction limit of S$1,000 for YouTrip Send has been set, adding an extra layer of security against unauthorised peer-to-peer transfers.
Fi911
AUGUST 1, 2023
As for transaction limitations, the Federal Reserve restricts transfer amounts to a ceiling of $500,000. They also set a default transfer limit of $100,000 for a financial institution, which can subsequently adjust this limit upwards or downwards. For now, FedNow only caters to domestic payments between U.S.
Segpay
MARCH 10, 2025
Transaction Fees & Chargeback Costs Understanding the fee structure is essential to managing costs. Evaluate transaction fees, chargeback policies, and currency conversion rates to prevent unexpected expenses and optimize revenue retention. A streamlined setup saves time and reduces technical challenges.
Clearly Payments
NOVEMBER 21, 2023
issuing banks) in Canada increased the transaction limits from $100 to $250 in 2021. As digital currency becomes more regulated, it will become more trusted and used by financial institutions and society. Of course, digital wallet technology is built on the foundation of contactless payments which is also growing significantly.
Nanonets
JUNE 29, 2023
Top features: Rewards and incentives in the form of cashbacks Easy-to-use cards, spend limits, approval flows, vendor payments Average savings of 3.5% Rippling Rippling is an all-in-one HR and employee management platform that includes expense management functionality.
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