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

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

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Fintechs as key enablers for boosting B2B payment growth

Voice of the Industry | Online Payments | 17 Jun 2022

Greg Toussaint, Director at Edgar, Dunn & Company (EDC), elaborates on fintechs’ role as key enablers to boost B2B payment growth.


fintech, B2B payments, SMEs, remittances, marketplace

ICICI Bank introduces new digital solutions

News | Online & Mobile Banking | 02 Jun 2022

ICICI Bank has announced the launch of an array of new facilities on its online outward remittances platform, ‘Money2World’ (M2W).

product launch, digital identity, remittances, mobile banking, digital banking

Revolut expands global remittances offer with seven corridors

News | Payments General | 31 Mar 2022

Revolut has announced that customers from the UK, EEA, Japan, Singapore, and Australia can now transfer money to bank accounts in Colombia, Nepal, Peru, Bolivia, Guatemala, Egypt and Costa Rica, according to Business Review

Revolut, cross-border payments, remittances

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

Galileo expands into Colombia

News | Payments General | 22 Mar 2022

Galileo Financial Technologies, a subsidiary of SoFi Technologies, has recently expanded into Colombia. 

expansion, remittances, cross-border payments

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

Lynx announces its metaverse payments strategy

News | Cryptocurrencies | 12 Jan 2022

Canada-based Lynx has extended its financial infrastructure to include support for metaverse based services.

product launch, blockchain, crypto, remittances

Remittances through digital payments are preferred in the US, Visa study finds

News | Online Payments | 21 Dec 2021

Visa has released a new study, showing that consumers are increasingly turning to digital payments to send money around the world.

Visa, digital payments, remittances, money transfer, online payments, cross-border payments

Sokin augments overseas transfers with its global currency account

News | Online Payments | 16 Dec 2021

UK-based payment service provider Sokin has pledged to support Canada’s migrant population by giving consumers 51% cheaper global money transfers.

Sokin, online payments, cross-border payments, remittances, subscription payments

MoneyGram, urpay to enable cross-border payments from Saudi Arabia

News | Online Payments | 06 Dec 2021

Saudi Arabia-based digital wallet urpay has tapped MoneyGram’s API-driven infrastructure and network to enable international transfers from Saudi Arabia.

cross-border payments, digital wallet, partnership, API, remittances, money transfer

Open Banking and new FX regulation: two major movements for the Brazilian financial ecosystem

Voice of the Industry | Online Payments | 07 Dec 2021

Vinícius Vieira from Bexs Pay elaborates on the changes implemented by Banco Central do Brazil (BCB) that make transactions easier and create conditions for a more competitive market, mirroring the standards developed in the international scenario


Bexs, FX , instant payments, PIX, Open Banking, cross-border ecommerce, payout, remittances

TerraPay, MTN Uganda aid real-time international money transfers

News | Online Payments | 15 Nov 2021

Netherlands-based digital payments infrastructure TerraPay has partnered with telecoms company MTN Uganda to facilitate international cross-border remittances and money transfers.

TerraPay, partnership, cross-border payments, money transfer, remittances

TransferMex partners with Tern Commerce for same day cross-border remittances

News | Payments General | 20 Oct 2021

Fintech-as-a-Service Tern Commerce has announced the rollout of their same day cross-border remittance capabilities for TransferMex

cross-border payments, remittances

Ascend Money hits USD 1.5 billion valuation with new funding

News | Mobile Payments | 29 Sep 2021

Ascend Money, a Thailand-based fintech, has reached USD 1.5 billion valuation following its latest USD 150 million funding, helping deliver its services to more customers.

funding, e-wallet, lending, remittances, financial inclusion

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

Gcash teams with Ayannah to boost remittances in the Philippines

News | Online Payments | 09 Aug 2021

Mobile wallet provider GCash has partnered with Philippines based fintech Ayannah to provide accessible financial services.

 

partnership, product launch, remittances, mobile money, e-wallet

Xigem Technologies closes acquisition of peer-to-peer payment app FOOi

News | Online Payments | 09 Aug 2021

Canada-based Xigem Technologies, a technology provider for the remote economy, has completed the previously announced acquisition of peer-to-peer payment app FOOi.

acquisition, P2P payments, online payments, remittances

TerraPay selects Sentinels for transaction monitoring services

News | Digital Identity, Security & Online Fraud | 04 Aug 2021

TerraPay, a global payments infrastructure provider, has selected Sentinels to advance their transaction monitoring and screening functionalities.

partnership, remittances, cross-border payments, transaction monitoring, compliance

Nubank, Remessa Online to offer remittances

News | Payments General | 28 Jul 2021

Brazil-based Nubank and Remessa Online have partnered to offer an international remittance service, according to LABS

partnership, cross-border payments, remittances

ICICI Bank stops customers from using foreign remittances to invest in digital assets

News | Cryptocurrencies | 15 Jul 2021

ICICI Bank has intensified its crackdown on cryptocurrency trading, asking customers not to use foreign remittances to invest in digital assets.

banks, cryptocurrency, regulation, remittances