As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients.  Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]

The post How global Fintech companies are reacting to Russia’s invasion of Ukraine appeared first on Fintech News.

PayPal is boosting its humanitarian efforts in Ukraine. The payments company is expanding upon its P2P money transfer services, waiving fees, and facilitating funds transfers to payments cards. These efforts are being made in addition to the company’s Cash Pick-Up and Mobile Phone Reload tools. Citizens across the globe have donated millions of dollars in Read more...

The post PayPal’s 3 Moves Help with Humanitarian Efforts in Ukraine appeared first on Finovate.

The Monetary Authority of Singapore (MAS) has granted in-principle approval to Digital Treasures Center (DTC), a payment company based on distributed ledger technology. With a license under the Payment Services

The post Digital Treasures Center Gets In-Principle Approval for Digital Payment Token Services appeared first on Fintech Singapore.

SWIFT is a key component to any country’s progress in terms of bank transfers, locally and internationally.

The post What is SWIFT? | Payments, Sanctions, and Role in Global Money Transfer appeared first on BitPinas.

In this post, we demonstrate how to create an automated email response solution using Amazon Comprehend. Organizations spend lots of resources, effort, and money on running their customer care operations to answer customer questions and provide solutions. Your customers may ask questions via various channels, such as email, chat, or phone, and deploying a workforce […]

The list includes patents in the financial technology industry, including patents related to securities, business transactions, financial instruments, financial and transactional security and cryptography. #1 US Patent No. US 11,270,276 (State Farm) Title: SYSTEMS AND METHODS FOR BLOCKCHAIN-BASED PAYMENTS Inventor/Assignee: STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY Abstract: Methods and systems for processing a blockchain comprising […]

The post This Weeks Top 10 Fintech Patents – 3/10/22 appeared first on The Rapacke Law Group.

Digital wallets, which are becoming popular throughout the world as an alternative to credit and debit cards and cash, are a handy method to make payments. But which digital wallet application is the most reliable and trustworthy for you? The selection of the most appropriate wallet should be your priority, and to do so, it […]

The post The Best 20 Popular Online Wallets In The World appeared first on Fintech News.

High remittance fees charged by the existing fintech ‘challenger’ platforms are some of the issues that prompted Atlantic Money to launch its money transfer service. The platform promises to facilitate cheaper and more efficient remittances. (Read More)

Tips to Banks for Optimizing Security Level in their Mobile Banking Apps The popularity of mobile banking services is on top of in-branch banking systems. Nearly 75% of bank account holders are installing banking apps...