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Wegagen Bank Teams With WorldRemit; Hatton National Bank Unveils eWallet

PYMNTS

Coverage includes Wegagen Bank ’s tie-up with WorldRemit for a digital money transfer service for Ethiopia. In Ethiopia, Wegagen Bank is working with WorldRemit for a digital money transfer service, according to reports. With the offering, money transfers can be facilitated to the bank’s Ethiopian branches or over 1.2

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

PYMNTS

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated. billion).

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EU Consumers Can Create eWallet, Manage Mobile Payments In New Visa, Vipps Deal

PYMNTS

Visa is teaming with Norwegian digital wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International. Together we are enabling issuing banks to offer smarter and simplified digital payment services to their customers in Europe and beyond.

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Mastercard And Ethoca Help Merchants, Issuers Improve Online Transaction Clarity

PYMNTS

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

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Alipay+ Expands to Help European Merchants Connect With Asian Travellers in Build Up to EURO 2024

The Fintech Times

To ensure that tourists travelling to Germany and Europe for UEFA EURO 2024 enjoy a seamless travel experience, Alipay+ is expanding its cross-border mobile payment acceptance and merchant coverage by enabling more payment partner apps to be accepted across Germany and other popular European destinations.

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Mercari Teams With Line For Payments; Telco M1 Connects With DISA For eWallet Protection

PYMNTS

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. And the number of non-bank eMoney issuers rose from 37 in 2017 to 47 last year.

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