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MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced four mobile wallet and fintech partnerships that give the Company access to mobile wallets in 28 markets in Africa, creating the largest footprint in the industry. As mobile money adoption rapidly grows in Africa, these new partnerships with Airtel, Thunes, InTouch and MFS Africa will help drive strong digital growth as the Company continues to execute its customer-centric digital transformation. Airtel, a leading...

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Hubpay is excited to announce its Seed funding round led by a leading US venture capital firm – Signal Peak Ventures.  The investment raised will support the launch of Hubpay’s digital wallet in the Middle East market.  Managing Partner of Signal Peak Ventures, Brandon Tidwell, commented: “Hubpay represents Signal Peak’s first investment in the Middle East.  We recognise the enormous potential the market has and have great confidence in Hubpay’s team to capitalise on this unique opportunity.” Additionally, a UAE angel investment group – the Falcon Network,...

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UnionPay International announces today that it has rolled out the mobile payment product of Huawei Pay in Pakistan in partnership with Huawei and the National Bank of Pakistan (NBP), one of the largest commercial banks in Pakistan. The new service allows local Huawei/Honor phone users to pay via both contactless and QR code payments and is the card scheme’s first mobile-wallet service to feature dual payment options overseas. The dual payments function of UnionPay’s mobile payment products adds QR code-based payment onto...

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Maxonrow’s MAX-Wallet has added a new feature that aims to reduce data inaccuracy, cut costs, and effortlessly integrate with other platforms while being updated on the latest international KYC and AML standards. MAX-Wallet is proud to present MAX-Register, a seamless and straightforward sign-up login solution that redefines KYC, making the tedious repeating logins and registrations on different platforms a thing of the past. Every year companies around the world spend huge amounts of resources managing...

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Huobi Group’s multi-chain light wallet product now offers full functionality and customer support in Japanese and Korean as well Huobi Wallet, Huobi Group’s professional-grade multi-chain light wallet, now offers Korean and Japanese language versions. “A growing number of Huobi Wallet international users are from Japan and South Korea, so this was a natural move in terms of serving customer demand,” said Livio Weng, CEO of Huobi Global. “Moreover, Japan and South Korea are two of the most advanced crypto markets in the world, so...

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The money transfer organization witnessed a record 37% growth in transfers to Mobile Wallets in Africa While Africa continues to be driven largely by cash transactions, it is a known fact that the mobile wallet segment is growing year on year within the region. With the pace at which the segment is growing it is safe to assume that Africa will soon be driven by mobile money in the next few years. According to the financial inclusion survey by World...

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Today, Zeux, a disruptive company which seeks to integrate several key financial services including payments, banking and investment into one app, announced that it will list Hedera’s HBAR tokens, once openly available, in its digital payment wallet, to allow users to spend HBAR for all POS payments. Zeux is a world-first. Pioneering an integration of all financial services for its users, you can see and manage everything in one single app. Aggregated mobile payments, transfers and banking means...

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