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PayPal Fires up “Ripple-Killer” Xoom App for International Payments
The mobile payments app offers next-day money transfers at fees lower than its main payments platform PayPal. According to the website, transfers on Xoom cost around $4 in Europe and $9 to countries further afield.
- Categories
- Finance
- Region
- Europe & Eurasia
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The “Financial Inclusion Compass 2019”: e-MFP to Launch 2nd Annual Survey of Financial Inclusion Trends
A positive reception to the survey and the Compass has meant that, one year on, e-MFP is ready to launch the second annual survey.
- Categories
- Finance
- Region
- Europe & Eurasia
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What Counts as a “Green” Investment, Anyway?
To plug the gap, “sustainable investing” is spreading from a niche area of the financial sector into the mainstream. Investing along environmental, social, and governance (ESG) criteria is one of the fastest-growing strategies in finance.
- Categories
- Environment, Investing
- Region
- Europe & Eurasia
- Tags
- ESG, greenwashing, impact investing
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As Tech Cold War Looms, Chinese Internet Giants Like Alibaba and Tencent Tackle Emerging Markets
Chinese internet titans are entering an era of global expansion, another phase of their exponential growth.
- Categories
- Finance, Technology
- Region
- Europe & Eurasia
- Tags
- digital finance, fintech
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WorldRemit Intros Money Transfer Service for SMEs
According to WorldRemit, the new service will make it easier for local enterprises to receive payment by UK-based partners via their bank account or cash pick-up. While some banks can take up to one week to process payments, WorldRemit says its transfers to SA are processed within 24 hours or less.
- Categories
- Finance
- Region
- Europe & Eurasia
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UK Seeks to Boost Impact Investing Sector With New Initiative
“By combining the energy, supporter base and achievements of these two groups, the institute aims to provide a focal point for impact investing in the UK to accelerate the potential for finance to address social challenges,” a statement on the institute’s website reads.
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- impact investing
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UK Public Pension Pool Allocates $60m to Private Equity Impact Fund
Brunel Pension Partnership has made a cornerstone $60m (€54m) commitment to a private equity impact fund on behalf of four of its UK local government pension scheme (LGPS) clients.
- Categories
- Investing
- Region
- Europe & Eurasia
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UK Is ‘Global Centre’ of Tech for Good With Companies Worth £2.3B
The sector is being driven by under-25s with a desire to 'make a meaningful impact on society'.
- Categories
- Uncategorized
- Region
- Europe & Eurasia