Articles with tag: money transfers

Found 55 results in 187 milliseconds.

TerraPay enables instant money transfers to Pakistan

05 Aug 2020 | Payments General

Payments infrastructure company TerraPay has teamed up with Bank Alfalah to launch home remittance services to Pakistan.

TerraPay, money transfers, Pakistan, Bank Alfalah, remittances

Remitly raises USD 85 mln to fuel growth

30 Jul 2020 | Payments General

Remitly has raised USD 85 million in a funding round to accelerate its growth amid the growing demand for digital money transfers following Covid-19 pandemic.

Remitly, funding, digital money transfers, expansion

Trust Payments, SPOKO partner for money transfer solution for immigrants in Poland

29 Jul 2020 | Online Payments

Trust Payments has announced a partnership with SPOKO (previously known as Pay Ukraine) to enable it to offer its money transfer service to customers in Poland. 

Trust Payments, SPOKO, money transfer solution, Poland, immigrants, Pay Ukraine, multi currency payments, app, instant money transfers, bank account, Europe, UK, mobile payments, point of sale outlet

TransferWise valuation jumps to USD 5 bln in USD 319 mln secondary share sale

29 Jul 2020 | Payments General

TransferWise has announced secondary sales amounting to a total of USD 319 million at a new valuation of USD 5 billion.

neobanks, Monzo, N26, bunq, TransferWise for Banks API, TransferWise, payments, SMEs, bank account, money transfers, cross border payments, shares, valuation

Exclusive interview with Veronica Studsgaard, CEO and Founder of The International Association of Money Transfer Networks

07 Jul 2020 | Payments General

Veronica Studsgaard of IAMTN shares insights about the challenges specific to cross-border remittances, how COVID-19 affects migrants and international money transfers, and the future of this industry

Veronica Studsgaard, IAMTN, International Association of Money Transfer Networks, cross-border payments, remittances, COVID-19, migrants, international money transfers, remittance service providers

270 mln women worldwide are excluded from day to day banking, report

01 Jul 2020 | Payments General

UK-based fintech Paysend has released a report focusing on the empowerment of women in low-income countries through international money transfers.

banking, Paysend, fintech, UK, global, women empowerment, low-income countries, international money transfers, World Bank, digitisation

Ayannah, ECAP merge operations

10 Jun 2020 | Payments General

Philippines-based fintech Ayannah has merged operations with India-based PSP Electronic Cash and Payment Solutions (Ecaps).

Ayannah, Ecaps, Philippines, India, fintech, PSP, transaction, Singapore, South East Asia, South Asia, covid-19, digital transactions, payments, remittances, insurance, money transfers, bill payments, ticketing, recharges

MoneyGram, Al Rajhi Bank to support the cross-border payments market in Saudi Arabia

08 Jun 2020 | Payments General

MoneyGram has partnered with Al Rajhi Bank, a large Islamic bank, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia.

MoneyGram, Al Rajhi Bank, cross-border payments, Saudi Arabia, remittances, money transfers, mobile payments, partnership

Zhongguo Remittance, Aleta Planet team up for digital money transfers to China

05 Jun 2020 | Payments General

Singapore-based fintech Aleta Planet and Zhongguo Remittance, a Singapore-based money-transfer company, have launched Aleta China Express (ACE).

Zhongguo Remittance, Aleta Planet, digital money transfers, Singapore, payments, cross border payments, partnership, China

Solving cross-border payments in APAC - interview with Nium

04 Jun 2020 | Payments General

Global fintech platform Nium announced its latest fundraise. Visa, a global digital payments provider, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia.

Nium, Visa, remittances, cross border payments, corporate payments, payments platform, Asia, Pacific, money transfers, mobile payments

Australian users to set up direct debits in Australian dollars with TransferWise

02 Jun 2020 | Payments General

TransferWise, a UK-based fintech, has enabled users to set up direct debits in Australian dollars (AUD), to settle bills and pay for subscriptions across Australia.

TransferWise, XERO, subscription, bills, Australia, money transfers, payments, fintech, digitalisation, app

Redstone Federal CU, Fiserv extend partnership for P2P payments and A2A transfers

25 May 2020 | Payments General

Redstone Federal Credit Union has extended its partnership with Fiserv to offer person-to-person (P2P) payments and account-to-account (A2A) transfers.

Redstone Federal, CU, Fiserv, US, partnership, P2P payments, A2A transfers, payments, real time payments, money transfers

MoneyGram, Federal Bank to expand account deposit capabilities to consumers in India

14 May 2020 | Payments General

MoneyGram, a global cross-border P2P payments and money transfers provider, has teamed up with The Federal Bank, a private sector Bank in India.

MoneyGram, Federal Bank, cross-border P2P payments, money transfers provider, remittances, India

MoneyGram receives USD 16.6 mln in XRP incentives from Ripple in Q1 2020

06 May 2020 | Cryptocurrencies

Global money services company MoneyGram has received incentives from Ripple in the first quarter of 2020, amounting to a total of USD 16.6 million, according to The Block Crypto.

XRP, MoneyGram, RippleNet, Ripple, remittances, cross border payments, money transfers

Western Union expands global network for real-time payments

24 Apr 2020 | Online Payments

Western Union has announced a continued expansion of its global network for real-time money-movement and payments.

Western Union, money transfers, real-time payments

Central Bank of Ghana waives fees for less than USD 18 mobile money transfers

20 Mar 2020 | Mobile Payments

The Central Bank of Ghana (BoG) has said all mobile money transfers of USD 18 and below will attract no charges from service providers for the next three months, given the current circumstances.

mobile money, money transfers, Central Bank of Ghana

MoneyGram Online announces business growth

19 Mar 2020 | Payments General

MoneyGram International has reported nearly 60% year-over-year transaction growth for MoneyGram Online year-to-date through February 2020.

digital transformation, P2P payments, mobile payments, money transfers, API platform, MoneyGram Online, MoneyGram International, US

Paysend unveils guide for money transfers advice during coronavirus

18 Mar 2020 | Online Payments

UK-based fintech company Paysend has published a guide for expats and foreign workers whose money transfers home to families may be affected by the current coronavirus crisis.

Paysend, money transfers, coronavirus, UK, fintech, banks, remittance

TransferWise partners with Alipay to tap into the Chinese market

17 Mar 2020 | Payments General

TransferWise, a UK-based online money transfer service, has teamed up with large mobile payments company Alibaba-backed Alipay to enable instant transfers to China using 17 currencies.

TransferWise, partnership, Alipay, mobile payments, Alibaba, Alipay, money transfers

Pakistan unveils biometric cash transfer program for women

04 Feb 2020 | Payments General

Pakistan Prime Minster has announced that seven million women suffering from poverty will receive a biometric money transfer of PKR 2000 (approximately USD 13) each.

Pakistan, launch, biometrics, cash transfers, bank accounts, money transfers, ATMs, banks, cards