The payment company FOMO Pay, which has its headquarters in Singapore, declared that it has earned its Business Identifier Code and joined SWIFT as an official member (BIC), also known as SWIFT Code: FOMPSGSG. This club marks a tremendous success for FOMO Pay in its pursuit to offer greater efficient, secure, and dependable price services.
The emergence of Fintech has significantly boosted financial inclusion in the country. Powered by cutting-edge technology and seamless digital experiences, financial services can be easily accessed anytime, anywhere by simply using a smartphone. One of the products that are gaining popularity with individuals is the fully digital personal loan. More than 70% of official credit
MoneyGram International, Inc., a global leader in the development of P2P digital payments, has announced the launch of MoneyGram Online in Brazil. Consumers can now use the company’s main website to send money from Brazil in near real-time to family and friends around the world. Recipients can receive cash through the company’s suite of options
Splitit, the only white label service that allows customers to pay in installments using the credit existing on their payment card at checkout, and Worldline, the world leader in payment services, announce the signing of entered into a partnership agreement with Worldline to provide card installment services with integrated payment solutions to Worldline’s vast network
Clarity AI, the leading global sustainability technology platform, announced a partnership with Refinitiv, a London Stock Exchange Group (LSEG), to develop the SFDR Reporting Specialist. The SFDR is an important part of the EU’s Sustainable Finance Action Plan, which aims to encourage capital inflows into companies and activities that support the EU’s social and environmental
Credit Karma, a consumer technology platform with more than 120 million members in the United States, has announced plans to offer a tax refund-focused experience with Intuit TurboTax. This experience will help members navigate each phase of the 2022 tax season, including helping them estimate refunds and provide personalized recommendations on how to optimize refunds.
Consumer Portfolio Services, Inc., an independent FinTech dedicated to providing indirect auto finance to people with credit problems, low incomes or limited credit histories, continues to aggressively deploy solutions. machine learning and artificial intelligence to provide more flexible and more efficient payment capabilities. processing car loans. The company ended the year with three major partnerships
Rakuten France announces the launch of a completely new integrated payment solution, Club R Pay, thus becoming the first e-commerce company to offer such a system on the market. A globally integrated payment solution, Club R Pay makes it easy for the 12 million members of the Club R loyalty program to shop at more
Cryptocurrency solutions are gaining traction across Europe. Ripple’s New Value 2022 Report shows that 70% of respondents at financial institutions in Europe expect blockchain, the ancillary technology that powers Ripple’s crypto solutions, to have a major impact or substantially to their business over the next five years. However, companies in France and Sweden will not
Depending on how much debt you have, 2023 could be the year you write off or significantly reduce those financial obligations. Either way, you can end the year on a stronger financial footing. No trick will do the job on its own, but organizing ideas can reduce debt dramatically. 1. Review your monthly budget Go
Copper, the go-to banking app that truly teaches teens and kids about money and sets them up for future financial success, announced its expansion to Copper Investing, a teen-centric Registered Investment Advisor (RIA). Copper Investing offers accessible, automated investing portfolios for teens to learn about (and actually start) building wealth in a safe environment. Its
Wipro Limited, leading technology services and consulting company, announced the launch of a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives. Regional macroeconomic trends, including diversification away
