UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. According to a report in Reuters, citing UAE Exchange’s group CEO Promoth Manghat, who is also executive director...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Visa’s ‘FastTrack’ mentoring session in Dubai. In addition, U.K.-based PayPoint is holding an Amazon Top Off promotion, while African Export-Import Bank is predicting economic growth in Africa. The African Export-Import...
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words, such as “motel” (motor and hotel), “brunch” (breakfast and lunch) or “Finabler” (financial enabler). That last one is the name chosen by billionaire Bavaguthu Raghuram Shetty for a new holding company...
Billionaire Bavaguthu Raghuram Shetty is combining Travelex and UAE Exchange under one parent company called Finablr in preparation for a possible initial public offering, according to Reuters. The UAE-based businessman announced on Monday the creation of Finablr as the business that will hold the financial services...
April 30, 2018
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words, such as “motel” (motor and hotel), “brunch” (breakfast and lunch) or “Finabler” (financial enabler). That last one is the name chosen by billionaire Bavaguthu Raghuram Shetty for a new holding company he established Monday, April 23 by merging two financial services […]
February 20, 2018
Carrying wads of hard currency in an overstuffed wallet has ceased to be fashionable, thanks to the advent and proliferation of plastic money and cashless digital payment mechanisms. In countries...
August 10, 2017
Slow and steady doesn’t win the financial services race. If you’re not ahead, you’re behind, especially if you’re playing on the global stage. From user interface technology to security and...
December 13, 2018
UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. According to a report in Reuters, citing UAE Exchange’s group CEO Promoth Manghat, who is also executive director and chief executive at Finablr, with Asia among the biggest […]
April 24, 2018
Billionaire Bavaguthu Raghuram Shetty is combining Travelex and UAE Exchange under one parent company called Finablr in preparation for a possible initial public offering, according to Reuters. The UAE-based businessman...
February 12, 2018
UAE Exchange, one of the largest payment providers in the Middle East, announced that it has signed a deal with Ripple to join its blockchain for cross-border payments. UAE, which...
