The banks are working on a digital wallet for e-commerce transactions that will be tied to a customer’s debit or credit card. The banks have already secured 150m Mastercard and Visa credit and debit cards for the wallet’s debut. Customers won’t have to enter those card details, a feature that has become synonymous with PayPal, Cash App, and Apple Pay, to name a few. Instead, an email address and mobile number at the till will suffice. 

Read more: AltFi

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The Neobank will include features of both traditional and crypto banking, so that users can maintain their fiat money and crypto tokens under a single platform, and exchange one for the other seamlessly. 

Read more: EINPresswire.com

The post Zeeves Partners with Striga to Launch European Crypto Neobank appeared first on FinTech Ranking.

Read more: Manila Bulletin

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This integration with WhatsApp comes six weeks after the company launched a pilot for the crypto wallet and will not interfere with the messaging app’s privacy features, according to Kasriel. The service is initially only available to a limited number of users in the United States. 

Read more: The Block

The post Meta’s crypto wallet Novi launches on WhatsApp appeared first on FinTech Ranking.

New investors U.S. fund Warburg Pincus and venture capital firm Insight Partners led the third funding round for Mynt, which owns the hugely popular GCash mobile wallet. The move underscores the company’s position as the Philippines’ lone unicorn.

Read more: Nikkei Asia

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Novi, which is being rolled out in a small pilot program in the U.S. and Guatemala to start, will enable people to send and receive money abroad instantly, securely and with no fees, according to the statement.

Read more: CNBC

The post Facebook’s Novi will launch a pilot with Coinbase appeared first on FinTech Ranking.

Established in 2017, BigPay provides money transfer, microinsurance, bill payment, and budgeting services on top of offering a prepaid debit card that works with Visa- and Mastercard-compatible portals. The company currently has operations in Malaysia and Singapore, with the goal of setting foot in Thailand and then other Southeast Asian countries.

Read more: Tech in Asia

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Leading mobile wallet GCash has partnered with leading fintech Ayannah to launch GCash Padala, a new remittance service that allows GCash’s more than 40 million users to send money to non-app users.

GCash Padala is a faster, easier and more affordable way for GCash users to send money to their loved ones straight from their mobile phone even if the recipients do not have an e-wallet or mobile bank account. To reduce travels and keep activities to only the essentials, GCash Padala allows senders to save time and effort from physically going to remittance centers, providing them the convenience of doing  this through their mobile phones. The recipients can claim their cash through thousands of remittance agents belonging to Ayannah’s large and growing network of remittance partners. GCash Padala recipients can claim their cash at over 2,000 participating Tambunting, Panalo Express and VIP Center branches, with Ayannah adding thousands more across the country in the coming weeks.

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Beginning this week, customers outside the United States will have access to 35 cryptocurrencies in total, the company said. Crypto buy and sell services are also available in 48 U.S. states and territories.

Read more: Cointelegraph

The post Global payments brand Skrill expands crypto wallet services appeared first on FinTech Ranking.

Operated by Payments Network Malaysia Sdn Bhd (PayNet), DuitNow QR is Malaysia’s National QR designed to encourage nationwide adoption of cashless payments and the digital economy through the use of an interoperable QR code. DuitNow QR will provide consumers with a safe, easy payment method for in-store purchases, and give merchants access to the millions of consumers who have adopted the digital-first lifestyle. 

Read more: Grab

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