Money Remittance News

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Find here all the latest articles, news, and research on Money Remittance and other Money Remittance-related topics:

Find here all the latest articles, news, and research on Money Remittance and other Money Remittance-related topics:

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Cellulant partners Money Q

News | Payments General | 02 Feb 2023

Payment solutions provider Cellulant has announced a partnership with fintech Money Q to enable expats to pay for bills and recharge airtime for their Africa-based beneficiaries.

partnership, money transfer, money remittance, remittances, cross-border payments, mobile payments, mobile money, online payments, digital payments

SentBe launches in the US

News | Online Payments | 11 Jan 2023

Foreign exchange solutions provider SentBe has announced the launch of its cross-border money transfer service in the US as part of the company’s global expansion.

expansion, payments , online payments, cross-border payments, remittances, money remittance, money transfer, FX

NALA expands in the EU

News | Online Payments | 10 Jan 2023

Tanzania-based fintech company NALA that enables payments to Africa has expanded into Europe by adding 19 European Union countries to its send markets’ list.

expansion, payments , online payments, remittances, money remittance, cross-border payments, fintech

Why investing in tech that assists remittance companies with compliance is a good solution

Interviews | Digital Identity, Security & Online Fraud | 21 Dec 2022

Financial institutions are investing in technology-enabled controls and compliance processes since regulatory pressures can increase the cost and time for international payments.

 

remittance, money remittance, money laundering, compliance, regtech, KYC, AMLD6, fraud prevention

Digital wallets and the 2023 industry trends: The future for real-time cross-border payments

Interviews | Online Payments | 08 Dec 2022

Giovanni Angelini, President for Europe and Africa at Western Union, shares his expertise and insights into the future of digital wallets and real-time cross-border payments and what we should expect from this field in 2023. 

digital wallet, e-wallet, cross-border payments, cross-border logistics, credit card, money transfer, money remittance, e-money, financial inclusion, digitalisation

Tempo France and Elsa Care roll out remittances to Philippines

News | Online Payments | 24 Nov 2022

Remittances company Tempo France and Spain-based Elsa Care Technologies have rolled out money transfers to the Philippines.

remittance, remittances, money remittance, cash

Galileo to power the Pomelo credit card

News | Cards | 18 Nov 2022

US-based fintech Galileo has announced that its API-enabled platform will power the Pomelo ‘Remit Now, Pay Later’ credit card to extend financial access to US families.

partnership, API, remittances, money remittance, money transfer, payments , credit card, cross-border payments

TerraPay partners with SendMN for cross-border payments

News | Mobile Payments | 20 Jul 2022

Netherlands-based global payments infrastructure company TerraPay has partnered with Mongolia-based money transmitter and financial institution SendMN

partnership, cross-border payments, payment processing, B2B payments, remittance, money remittance

MercardoLibre and Western Union partner for digital remittances to Mexico

News | Online Payments | 12 Jul 2022

Global money transfer platform Western Union has announced a new agreement with South American ecommerce giant MercadoLibre to allow digital remittances to Mexico.

partnership, ecommerce, ecommerce platform, remittance, money remittance, money transfer, e-money, bank account

Swinto and Currencycloud partner to boost Kosovo's economy

News | Online Payments | 16 Jun 2022

Currencycloud platform has announced it has partnered with Swiss-based Velanis AG to launch a new financial app, Swinto, that offers easy, accessible, and instant money transfers to people from Kosovo who are based in Switzerland.

FX , money transfer, money remittance, cross-border payments, digital currency, transactions , instant payments

Western Union integrates Mambu into its European digital bank platform

News | Online Payments | 10 Jun 2022

Germany-based the cloud banking platform Mambu has teamed up with cross-currency money movement Western Union.

remittance, digital banking, money remittance, money transfer, partnership

Western Union and Zain Cash partner to facilitate cross-border payments

News | Online Payments | 28 Apr 2022

Global platform for cross-border, cross-currency money movement Western Union has partnered with Jordan-based Zain Cash, a mobile telecom operator in the Middle East to facilitate cross-border money transfer in Jordan.

cross-border payments, cross-border ecommerce, partnership, online payments, mobile payments, mobile money, financial inclusion, digital wallet, digital payments, money transfer, money remittance

Paysend improves financial health in the UK with Paysend Grow

News | Mobile Payments | 06 Apr 2022

UK-based money remittance app Paysend has announced the launch of two new products to help its 6.5 million customers enhance their financial health – Credit Builder and Pay Later.

money transfer, money remittance, online platform, cashless, BNPL, credit scoring, credit card, mobile payments

DBS and Brac Bank partner for real-time, no-fee remittance payments for Bangladesh migrants

News | Online & Mobile Banking | 28 Mar 2022

Singapore-based DBS Bank has announced that Bangladesh migrants working in Singapore can now transfer funds to their home country in real-time with no fees through DBS’ digital banking platform to a Brac Bank account.

mobile banking, digital payments, digital banking, remittances, money remittance, money transfer, e-wallet, digital wallet

TransferGo sales additional shares to fund exapsion

News | Online Payments | 16 Feb 2022

UK-based money transfer company TransferGo has announced the sale EUR 6 million worth of shares to expand within the global remittance market.

money transfer, remittance, expansion, funding, money remittance

Digital wallet Hubpay secures a USD 20 mln investment

News | Mobile Payments | 10 Feb 2022

UAE-based digital wallet Hubpay has netted USD 20 million in its Series A funding round, led by Signal Peak Ventures.

digital wallet, money transfer, money remittance, EMI licence, fintech

Inpay and Eurogiro launch PostalPay for international remittances

News | Payments General | 18 Jan 2022

Denmark-based cross-border payments provider Inpay has partnered with payments network Eurogiro to allow people in Bangladesh to send and receive remittances with lower fees.

partnership, remittances, cross-border payments, money remittance, money transfer, payment processing

Smiles partners with MoneyGram for international money transfers

News | Mobile Payments | 12 Jan 2022

Japan-based fintech Smiles has tapped MoneyGram’s global payment rails to send money to more than 200 countries and territories.

partnership, cross-border payments, money transfer, money remittance, fintech

PayNow to link with India's UPI for low-cost instant fund transfers

News | Online Payments | 14 Sep 2021

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India have announced plans to link Singapore's PayNow system with India's UPI real-time payment system.

PayNow, UPI, money transfer, money remittance

Roxe partners Treviso to enable remittances to Brazil

News | Online Payments | 24 Aug 2021

Blockchain-based payment network Roxe has partnered with international foreign exchange broker Treviso to enable remittances to Brazil.

remittance, remittances, money remittance, partnership