.Walkingstick and Frank26 Monday Night 5-14-18
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.Walkingstick and Frank26 Monday Night 5-14-18
KTFA:
Walkingstick: UNHCR announces postponement announcement of the results of the provinces of Kirkuk and Dahuk to tomorrow http://www.dijlah.tv/index.php?page=article&id=210175
Walkingstick: Sources for the Euphrates: Budget instructions did not reach the ministries and caused confusion http://alforatnews.com/modules/news/article.php?storyid=164943
DocK: BBC is announcing that SADR is the top winner in the election - largest percentage
Come on Abadi, tell CBI to push the button now so YOU get credit for it
Walkingstick: Possible, but.. considering the results of 2 provinces, and 1.7 million of the special votes have yet to be released ... a bit premature, releasing that information...
We await the UNHCR to release the official tally... As, I stated / posted article, earlier... 2 provinces and the special vote numbers have yet to be released....
Yep, a lot of movement in Iraq... to ally ALL lists in the elections.. excluding only, the list/s of Maliki and Amiri ... A means of marginalizing Maliki further, cutting off his chances to garner more seats in Parliament...
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Monday Night KTFA CC -14-18
The first part is business Promo and the second part is Dinar/Iraq Intel
PLAYBACK # : 641.715.3639 PIN: 156996#
https://fccdl.in/Uj3rKwqVWw
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Walkingstick: Borderless debit card coming to Canada in 2019
The technology allows users to hold and spend money in multiple currencies with lower foreign exchange fees.
By ARMINA LIGAYAThe Canadian Press
Tues., May 8, 2018
TORONTO—European financial technology company TransferWise is planning a Canadian launch next year for its borderless debit MasterCard, which allows users to hold balances in multiple currencies and spend it at home and abroad with lower foreign exchange fees than traditional banks.
TransferWise CEO and co-founder Kristo Kaarmann says the card, which was launched in the U.K. and the Eurozone two weeks ago, is useful for frequent business travellers, snowbirds and expats who spend lots of time outside of Canada but domestically as well.
“When people go out of the country, they are inevitably spending money,” Kaarmann said in an interview. “They’re booking hotels, they’re booking flights, often in other currencies, and that’s where banks scoop the hidden fees.”
Kaarmann said there would be no transaction fees for people making purchases on the borderless debit card in the currency a balance is held in. If money held in the borderless account must be converted into another currency before using the card, a conversion fee of between 0.6 per cent and 1 per cent applies, which Kaarmann notes is less than the banks charge.
The U.K.-based fintech launched its borderless account in Canada in August last year, and Kaarmann said it is working to offer the accompanying debit MasterCard here in 2019.
There is no limit on the balance that can be held in the borderless account, he says. Customers’ money is held in segregated accounts at banks insured by the Canada Deposit Insurance Corp., according to a TransferWise spokesperson.
Kaarmann spoke about its borderless card as it launches its batch payments function in Canada, which allows businesses to make up to 1,000 global payments at once in various currencies with the lower foreign-currency conversion charge.
TransferWise has been beefing up the functionality offered to Canadians since its launch in April 2016. Since then, roughly $2.2 billion has been moved in and out of the country via TransferWise’s platform.
Canada is among its top 10 largest markets and is now the sixth-fastest growing market in terms of transfers.
Canada’s big banks are investing heavily in technology as customers increasingly do their banking in the digital realm. As well, the financial institutions are facing increased competition from non-traditional providers of payment services. For example, Apple and Google have introduced mobile wallets that allow users to make retail payments.
Meanwhile, last month, TransferWise became the first non-bank payment services provider to hold a settlement account in the Bank of England’s Real Time Gross Settlement system, meaning it can now settle payments directly rather than going through a retail bank.
As Canada moves to modernize its payment system, TransferWise is pushing for a similar direct settlement account in Canada as well as policies regarding the disclosure of fees, including exchange rates.
https://www.thestar.com/business/2018/05/08/borderless-debit-card-coming-to-canada-in-2019.html
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Walkingstick: Go Borderless This Summer With A Currency Debit Card
https://www.forbes.com/sites/madhvimavadiya/2018/05/12/borderless-debit-card-transferwise-revolut/#6f6df54a326b
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