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Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card

Fintech Finance

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank , in collaboration with Mastercard , has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. Together, we are not just adapting to the future; we are defining it.”

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Omnipresent Chooses Mangopay to Power New Global Employment Product With Embedded Multi-currency Payments

Fintech Finance

Mangopay is providing pay-in, e-wallet, payout and FX infrastructure for the new addition to the Omnipresent platform, which will streamline contractor management in over 200 countries by ensuring seamless multi-currency payments, compliance, and administrative efficiency for businesses.

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Outpayce Selects Mambu to Support Multi-Currency Digital Wallet Launch for Travel Payments

The Fintech Times

Outpayce , an e-money institution licensed in Spain, has revealed it will leverage a cloud banking platform from Mambu to launch a multi-currency digital wallet offering to simplify the end-to-end travel payments experience. On Mambu’s modern core foundation, Outpayce can continue to deliver a steady pace of innovation.”

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India’s Digital Banking Revolution Fueled by Innovation, Regulatory Support and Advanced Digital Infrastructure

Fintech News

The banking landscape in India has undergone a major transformation, driven by significant investments in digital infrastructure and innovations by both incumbents banks and new fintech entrants, a new analysis by the Digital Fifth, a fintech consulting and advisory firm in India, says.

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Worldline Partners with BOCHK to Launch Open Platform Card Solution in Hong Kong

Fintech Finance

BOCHK will leverage Worldline’s innovative cloud-native application to further enhance customer experience and expand customer offering with its new Mastercard multi-currency debit card. The solution also supports Mastercard multi-currency card which facilitates global transactions with ease.

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Payoneer and Tech Mahindra Collaborate to Advance Global Crowdsourcing Payments

Fintech Finance

This collaboration aims to optimize payment capabilities for Tech Mahindra’s innovative crowdsourcing platform, Populii, and revolutionize the way businesses engage with the global crowdsourcing industry and manage financial transactions. million by 2030, according to a Nasscom Aon report.

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RAKBANK Completes International CBDC Transaction Using eCNY and Digital Dirham

The Fintech Times

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. Launched in 2021, it is a collaborative effort between the CBUAE, the BIS Innovation Hub , the Bank of Thailand , the Digital Currency Institute of the People’s Bank of China , and the Hong Kong Monetary Authority.

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