Several challenger banks have emerged in the United Kingdom, but Monzo is probably the most popular one. Built entirely from scratch onto a mobile native app, Monzo offers a series of improvements to traditional banks, such as notifications every time you make a...
What you need to know TransferWise has created a virtual assistant on Facebook to send money to people in different countries. TransferWise’s new Facebook service is currently available to Messenger users in the U.K., U.S., Canada, Australia and Europe. However,...
What you need to know After buying US based Moneygram and investing in Thai Ascend Money and Philippine Mynt, Ant Financial are investing in another payments network. This time it is investing in Kakao Pay from South Korea. It will help expand its services into...
What you need to know: The Bank of Tokyo-Mitsubishi UFJ is working on a proof of concept to digitalise their checks process, from issuing, through transfer to collection. This can work well to reduce settlement times, reduce back office processing and to reduce crime...
What you need to know: Paypal is the biggest online payments provider. It has a market capitalisation of $41 billion, more than eBay, the company that is was spun off from. TIO Networks processed about $7 billion in bill payments last year for its 14 million...
