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Tag Archives: Money Transfers

National Bank of Uzbekistan launches mobile application

The National Bank of Uzbekistan has officially launched Milliy, its free-to-use mobile banking application. The mobile application allows users to access payment/money transfer systems as well as be able to view balances and other information on UzCard, Visa NBU and other accounts and loans with the Bank. The main feature …

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Converse Bank launches new mobile application

Yerevan-based Converse Bank has introduced its free-to-use mobile application called Converse Mobile, which allows customers to manage their accounts at any time of day from anywhere in the world. Using the application, customers can, among other services, make international money transfers, pay utility fees, pay traffic fines, exchange currencies, repay …

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British “neobank” Revolut expands to include cryptocurrencies

British company Revolut is working to ensure that its customer can buy and store cryptocurrencies in their accounts. The company was initially created to allow customers to easily exchange traditional currencies; however, it recently collected USD 66 million in investments to expand its offering to include digital currencies. In addition …

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Russia ranks third in Fintech activity use

According to a survey conducted by audit and consulting company EY, Russia is third among the top 20 largest world markets in terms of the penetration of financial and technological services, just behind the United Kingdom and Brazil and just ahead of China and India. The most popular services for …

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Digitalization changing how finance works in Kazakhstan

In an increasingly digital world, people are expecting more from the technologies they use every day, and customers are increasingly becoming “hybrid”, i.e. using both online and offline solutions. As part of this digital revolution, the government is concentrating efforts to aid in this transition. The top priority is to …

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Terabank’s e-banking just got more convenient

For many Georgians, banking just became a little easier via ebanking.ge. The site, operated by Terabank, has been redesigned with a new interface and system that now allows users to make transfers, pay utilities, purchase tickets, control banking assets and more, all from the comfort of home or wherever they …

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New project to boost access to digital finance

The ‘Electronic and Digital Financial Services’ project is being launched by the International Finance Corporation (IFC) to boost financial inclusion in Azerbaijan by improving access to digital financial services for individuals and smaller businesses, helping them to grow and create jobs. The three-year project will help introduce modern e-banking services …

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Humo launches revolutionary mobile application

The microcredit deposit organization Humo has launched its mobile application, Humo Online. The service provides access to bank accounts, transfers and payments as well as allows for the monitoring of credit and deposit accounts and the payment of utilities and communication services. The application also features the ‘Smart Transfer’ service, …

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New version of Unibank Mobile has been launched

Unibank has launched a new version of its Unibank Mobile application for iOS and Android tablets. This last version adds few more functionalities to the previous version. Now the application allows users to: Access any account information Complete any C2C money transfer Block/Unblock cards Pay any service fee (ex: loan …

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BLender secures E-Money license in Lithuania, paving way to Europe

BLender, an Israeli-based lending platform active in Italy, Israel and Lithuania, is planning to expand its operations to two additional Baltic countries and Southeast Asia this year. BLender funds loans through peer-to-peer, balance sheet and partner institutions, whichever is appropriate for the particular circumstances. BLender secured an e-money license from …

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VTB Bank deploys 5,000 quick pay terminals in Georgia

VTB Bank’s express money transfer system now includes Nova quick payment terminals. All across Georgia, five thousand Nova terminals have been placed, allowing money to be sent within minutes. Transfer amounts via the terminals range from as small as GEL 5 to up to GEL 1,000. There is a fee …

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First payments through Telegram Messenger in Kazakhstan

Digital-only B1NK, part of Capital Bank Kazakhstan, has unveiled the region’s “first” chat and payments bot – using Telegram Messenger. Gani Uzbekov, CEO, Capital Bank Kazakhstan, confirms that people of Kazakhstan are “tech-savvy and ready to embrace technological innovations”. He expects high potential for the payment service usage, as it …

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