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In partnership with HomeSend, a global remittance hub jointly developed by MasterCard, eServGlobal, and BICS, Azimo has added ten countries in Africa and the Asia-Pacific to the roster of nearly 200 countries its European customers can send money to. HomeSend CEO Stephen Doyle credited Azimo’s “convenience, security, competitive pricing, and near-instant delivery” in explaining why Read more…
On Finovate.com: Bankbazaar Scores $60 Million in Funding Led by Amazon. i-exceed Teams Up with Kris FinSoftware to Promote the Mobile Internet in the Philippines Around the web: Wealth Help to launch advanced PFM tool using the eWise Money Manager solution. Lufthansa Industry Solutions to use Kony to enhance its mobile portfolio. ayondo purchases additional insurance for Read more…
Advanced Merchant Payments (AMP), a company that provides banks technology to offer loans to their small business customers, pulled in an undisclosed amount of funding today from Route 66 Ventures. The new installment is a follow-on round to the $5 million Series A round received in November 2014 from SBT Venture Capital. Hong Kong-based AMP enables banks and merchant acquirers Read more…
TransferTo’s mobile remittance platform allows users to send money across borders in real time, and for a specific purpose. The San Francisco-based company aims to solve two pain points in remittance payments: 1) Small remittances incur large fees of up to 50%, making wire transfers an inefficient way to send money under $50. TransferTo specializes in low dollar Read more…
Navy Federal Credit Union partners with Cachet Financial Solutions to offer Cachet’s Select Mobile Money with the its new GO Prepaid Card. Azimo customers can now send money to the Philippines. Pacific Marine Credit Union hires Insuritas to open and manage turnkey insurance solution. Bezinga profiles “cloud-based virtual advisor” iQuantifi. Deutsche Kreditbank AG and Blackhawk Network’s Read more…
Yesterday, as we began looking forward to FinovateEurope, we heard news from a 2014 alum, Advanced Merchant Payments (AMP). AMP, a company that provides banks with alternative lending options for small-and-medium (SMB) businesses, pulled in a fresh $5 million this week. The funding, a first for the Hong Kong-based company, comes from SBT Venture Capital. Read more…
The 2014 FinTech Innovation Lab Asia Pacific has announced the latest set of fintech startups to participate in its accelerator program. And FinovateAsia 2013 alum Advanced Merchant Payments is among them. Advanced Merchant Payments specializes in providing short-term, unsecured financing for small and medium-sized businesses. AMP also provides SMEs with accounts receivable financing and cash-flow Read more…
TSYS to license payment transaction processing platform to Metrobank Card Corporation in the Philippines. Payoneer partners with Gosocet to bring cross-border e-invoicing capabilities to Latin American businesses. American Banker interviews Green Dot CEO, Steve Streit, on the relationship between fraud and reload cards. PYMNTS column on what to expect in the 2nd half of 2014 Read more…
TSYS to license payment transaction processing platform to Metrobank Card Corporation in the Philippines. Payoneer partners with Gosocet to bring cross-border e-invoicing capabilities to Latin American businesses. American Banker interviews Green Dot CEO, Steve Streit, on the relationship between fraud and reload cards. PYMNTS column on what to expect in the 2nd half of 2014 Read more…
This post is part of our live coverage of FinovateAsia 2013. Next, Advanced Merchant Payments (AMP) launched its online lending solution that helps banks provide a short-term lending product to their small business customers: “AMP’s small business lending solution offers an efficient and scalable managed solution by which banks can readily originate and manage a Read more…
Capital Access Network named one of the top financial services companies of the year at the 11th Annual American Business Awards. American Banker looks to Zigrhra, GoodApril, Realty Mogul, Entrepreneurial Finance Lab for innovation. Lead411 names Cartera Commerce to Hottest Companies in Boston list. TIBCO and Western Union partner to leverage Big Data to anticipate Read more…
Next, Figlo demonstrated how its consumer portal can help FIs engage customers: “Figlo announced the global launch of their tablet solution for Financial Product Advice. Figlo offers insurance companies a leading edge tablet application for financial product advice which gives a quick overview of the client financial situation and facilitates product advice and sales. The tablet Read more…