Money Transfer

With US$40 Trillion Transfers in 2018, SWIFT Gpi is Working on New Features

SWIFT announced that more than US$40 trillion has been transferred over the SWIFT gpi service in 2018. Rapid adoption saw the share of cross-border messages using gpi soar from 15% at the start of 2018, to 56% by the end

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Swiss Money Transfer Comparision Page Monito Raises $2.5 Million Led by Tamedia

Monito, the Lausanne-based comparison website for international money transfer services, has raised US $2.5 million in Series A financing led by Tamedia, Switzerland’s leading private media group. B&Y Venture Partners, Silicon Valley-based serial fintech entrepreneur Alexandre Gonthier, as well as

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Salt Telco’s Fintech Arm Tackles Micro Lending in Africa—And Potentially Europe

Peer to Peer (P2P) Lending Market is projected to grow at a CAGR of 51.5% from 2016 to 2022, to reach $460,312 million by 2022. With a decade’s experience handling mobile money solutions under their belt, a thoughtful and agile expansion

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Revolut Lands on Malta’s Shores, Targets to Have 60,000 Users by Year End

Following a series of expansions in countries like Singapore and US, the European fintech unicorn has announced its debut into the Maltese market. According to Revolut, it has already signed up over 25,000 Maltese customers, around 6% of the population, and

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ING Invests 21Mio Euro in TransferMate

TransferMate cross-border B2B payments technology solution announces a €21 million investment from ING Group for a small minority equity stake in the Company. TransferMate and ING have also agreed to a strategic partnership, where TransferMate services will be available to all SME and

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Europe Identified As The Most Complex Payroll Region In The World

NGA Human Resources, a global payroll services, has released the 2017 Global Payroll Complexity Index (GPCI), a business intelligence report that identifies the top payroll process and compliance threats of 2017, per country and region. This is the third GPCI report

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Kostensenkung Im Zahlungsverkehr: Schweiz Auf Gutem Weg

Der Zahlungsverkehr ist ein erheblicher Kostenfaktor für die Kreditinstitute im SEPA-Raum. Jährlich fallen fast 7,5 Milliarden Euro für die Bearbeitung von Transaktionen, für Reklamationen und Vertriebskosten wie Mitarbeitergehälter an. Das sind Ergebnisse einer Benchmarkstudie von PPI und ibi research sowie

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Schweizer Fintech Devisenwerk AG macht den Devisenumtausch für KMU bis zu 90 Prozent günstiger

Schweizer Unternehmen, die Geschäfte mit Kunden im Ausland abschliessen, brauchen oder erhalten ausländische Währungen. Bei jedem Umtausch von Schweizer Franken (CHF) in eine andere Währung entstehen nicht unerhebliche Kosten, die für den Kunden sehr intransparent bleiben. Im Durchschnitt stellen Schweizer Banken eine Gebühr

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Revolut Expands Banking Offering; Launches Business Accounts in UK and Europe

London-based fintech startup Revolut has launched a new banking product targeted at companies in the UK and Europe. The company said that over 12,000 businesses had pre-registered to participate in the program prior to the public launch. These include Emirates

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7 Top Money Transfer Companies from the UK

The UK, and most particularly London, is undeniably one of the leading fintech hubs in the world. In 2015, VC-backed fintech investment reached an all-time high in the UK with US$962 million through 61 deals, according to KPMG and CB Insights. London

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