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EuropeFintechNews Roundup
·May. 14, 2019

Metro Bank Falls Victim to Fake News

Metro Bank’s Harrow branch in London became the victim of a fake news story that caused customers to demand their...
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FintechNews RoundupUSA
·Mar. 1, 2019

Facebook Plans to Launch WhatsApp Cryptocurrency in Next Few Months

New reports surfaced in the New York Times about Facebook’s secret plans in the cryptocurrency space; the company is building...
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FintechNews RoundupUSA
·Mar. 7, 2018

Immigrants Helping top Transform Remittances Market

WorldRemit recently entered the U.S. market and already expects it to be their biggest market by year end; remittances sent from the U.S. back to home countries have risen to $66bn from $50bn in the last 5 years; immigrants are becoming more tech savvy and companies like WorldRemit see big potential as apps like WhatsApp have helped move people to use their phones more and more; WorldRemit has been driven in large part by relying on a number of different partners to help set up their expanding network; tax issues are still a big concern and recently receiving the NY approval, a 2 year effort, sets the company up to focus on scale. Source.

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EuropeFintechNews Roundup
·May. 8, 2019

Facebook Decides on London as Hub for WhatsApp Payments

London just received a big boost to their fintech credibility with Facebook deciding to used the city as their hub...
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FintechNews RoundupUSA
·Jan. 3, 2019

WhatsApp Fuels Mobile Payments Efforts

Since WhatsApp began testing its payments feature in February of last year in India, it has processed about a million...
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