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PayPal continues its spending spree with Hyperwallet acquisition

PayPal continues its spending spree with Hyperwallet acquisition

International money transfers colossus PayPal has announced the acquisition of fintech e-commerce money transfers firm Hyperwallet Systems Inc. for approximately $400m. The deal expands PayPal’s already huge offerings to businesses seeking solutions for processing and managing their mobile and online payments.
By Andrea Barnes | Thursday, June 21st, 2018 | US
Payments not cheaper via Ripple, Western Union claims

Payments not cheaper via Ripple, Western Union claims

Western Union has claimed that low cost payments made via Ripple (XRP) and the financial benefits promised are unfounded. After testing Ripple’s xRapid for six months, Western Union arrived at the conclusion that payments via the technology are not cheaper.
By Daniel Webber | Wednesday, June 20th, 2018 | UK
InstaReM expands to Europe with London Head Office

InstaReM expands to Europe with London Head Office

Southeast Asia’s biggest digital international money transfers platform InstaReM has reached into the European market, headquartering its front of house operations in London. The firm’s European ambitions are identical to its successfully-realised ambitions in Southeast Asia, namely to bottom out the market and become the continent’s “price champion” – an accolade it secured for itself with remarkable speed in its region of origin (it only launched in 2014).
By Andrea Barnes | Tuesday, June 19th, 2018 | Australia
Revolut app debuts new look

Revolut app debuts new look

The product designers and engineers of UK-based fintech platform Revolut, a digital banking alternative that makes international money transfers in 25 currencies easy, have been working hard to improve their app.
By Daniel Webber | Monday, June 18th, 2018 | UK

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