The platform has made its electronic money transfer system exclusive to banks and credit unions under its network.

Kraken became an Electronic Money Institution (EMI) with a new UK license. The exchange, focused on the European market, is adding new licenses to continue with fully regulated services.

PayFuture Group, a rapidly growing payment provider specialising in emerging markets, has secured an Electronic Money Institution (EMI) license by the Malta Financial Services Authority (MFSA) under ...

Setting up direct deposit isn't just a safer way to ensure you get your tax refund — it's faster, too. According to the IRS, ...

On 26 March, the Supervision Committee of Latvijas Banka issued an electronic money institution operating licence to AP OPERATIONS SIA. The licence empowers the holder to issue electronic money, make ...

Quantoz Payments has recently announced the expansion of its stablecoins EURQ and USDQ to the Algorand (ALGO) blockchain.

The State Bank of Pakistan (SBP) has granted in-principle approval (IPA) to PaySa to operate as an Electronic Money Institution (EMI), marking a pivotal advancement in Pakistan’s digital ...

"Marqeta agrees to buy e-money institution TransactPay " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been ...

Some of these devices simply combined a printing electronic calculator with a cash drawer. More elaborate registers not only tracked accumulated receipts, like a traditional cash register, but handled ...

On the other hand, wire transfers are direct transfers of money from one institution to another. They're faster and usually cost a larger fee. An ACH transfer is an electronic transfer of funds ...