Articles with tag: remittance

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MatchMove introduces cross-border remittance platform for businesses

07 Aug 2020 | Payments General

MatchMove, the Singapore-based Banking-as-a-Service platform, has announced the launch of its new remittance platform, RemitSend by MatchMove, to enable cross-border business-to-business (B2B) remittances for businesses.

MatchMove, cross-border remittance, businesses, transactions, RemitSend by MatchMove

NayaPay joins Visa Fintech Fast Track program

05 Aug 2020 | Online Payments

NayaPay has joined the Visa Fintech Fast Track program, helping the company’s integration process with.

NayaPay, Visa, partnership, fast-track, digital, digital payments, payments, Pakistan, Visa Fintech Fast Track, technology, Electronic Money Institution, EMI, emoney, merchants, debit cards, cards, online, transactions, retail, ATM, QR, mobile app, Visa Direct, cross-border, freelancer, remittances

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

Lion International Bank partners with Singapore-based Thunes to launch cash pickup service

04 Aug 2020 | Payments General

Lion International Bank has partnered with global cross-border payment provider Thunes to launch a cash pickup service in Ethiopia. 

Lion International Bank, Thunes, cash pickup, remittances, Ethiopia

MoneyGram gets USD 5.1 mln from Ripple in 'Market Development Fees' in Q2

04 Aug 2020 | Cryptocurrencies

MoneyGram has received over USD 15 million from Ripple in Q2 for providing liquidity for Ripple’s XRP-based cross-border settlement network.

MoneyGram, Ripple, XRP, cross-border settlement network, payments, global remittance

InstaReM, SBM Bank India tie-up to support outbound remittance experience

03 Aug 2020 | Payments General

InstaReM, the consumer and SME brand under global fintech platform Nium has partnered with SBM Bank India to support Outbound Remittances from India.

InstaReM, payments, cross border payments, remittances, partnership, India, SBM Bank India, Nium

PayPal increases its reach to Mexico and Brazil through MercadoLibre

31 Jul 2020 | Ecommerce

PayPal has announced on 30 July 2020 that is expanding its reach to Mexico and Brazil, thanks to its partnership with ecommerce company MercadoLibre.

PayPal, Mexico, Brazil, ecommerce, MercadoLibre, payment method, online shoping, remittance, Xoom, money transfer, Mercado Pago

Hong Kong-based Emq gets USD 20 mln to develop cross border financial tech

28 Jul 2020 | Payments General

EMQ, a Hong Kong-based startup that develops network infrastructure to make international payments faster, has raised a USD 20 million Series B led by WI Harper Group.

cross border remittances, Hong Kong, API, international payments, funding, remittances, online banks digital wallets, ecommerce

Western Union expands cooperation with NH Bank

24 Jul 2020 | Payments General

Western Union has expanded its partnership cooperation with NH Bank, through the appointment NongHyup (Agricultural Co-operative) as a sub-agent.

Western Union, NH Bank, NongHyup, payments, cross-border remittance

Europe e-invoicing market to reach USD 4217.6 mln by 2027 with CAGR of 17.1%

14 Jul 2020 | E-invoicing, SCF & E-procurement

The Europe-based e-invoicing market was valued at USD 1,241.7 million in 2019 and is projected to reach USD 4,217.6 million by 2027 at a CAGR of 17.1%.

e-invoicing, electronic billing, Europe, CAGR, customers, suppliers, trading agreement, invoices, purchase orders, debit notes, credit notes, payment terms, remittances, order to cash, procure to pay

Mastercard supports remitters in MENA region with Cross-Border Services

14 Jul 2020 | Payments General

Mastercard has rolled out Mastercard Cross-Border Services to enable people in the Middle East and North Africa (MENA) region to transfer money amid COVID-19 times.

banks, fintechs, mobile network operators, exchange, remittances, cross border payments, MENA, Mastercard

InstaReM expands fintech solution for SMBs to Australia

07 Jul 2020 | Payments General

InstaReM, a consumer and SMB brand under global fintech platform Nium, has launched SMB fintech solution BizPay in Australia.

InstaReM, remittances, money transfer, cards, debit card, credit card, payments, SMBs, Australia, fintech, Nium

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

2020 Darwinian shakeout in European fintech

07 Jul 2020 | Payments General

Joel Van Arsdale from Flagship Advisory Partners provides insights regarding the rapid growth in licensed payment and e-money institutions in recent years and his expectation for a shakeout among fintechs in 2020 due to challenging market circumstances

Joel Van Arsdale, Flagship Advisory Partners, fintech, payments, payment institutions, e-money, finance, commerce, money remittance, Open Banking, banking, FX

WorldRemit launches remittance services in Somalia

02 Jul 2020 | Payments General

WorldRemit, the global online money transfer service provider, has announced the launch of its remittance services in Somalia.

WorldRemit, remittance, Somalia, money transfer, payments

UnionPay, MiFinity team up for cross border remittance services

01 Jul 2020 | Payments General

UnionPay has teamed up with MiFinity, a remittance services specialist, to allow overseas Chinese to remit to UnionPay cards issued by 17 domestic banks through MiFinity’s official website and e-wallet.

cross border remittance, cards, UnionPay, remittances,

Singtel's mobile wallet Dash rolls out insurance savings plan

30 Jun 2020 | Mobile Payments

Singtel’s mobile wallet service Dash has rolled out an insurance savings plan, called 'Dash EasyEarn' to enable users to grow their savings conveniently. 

Singtel, mobile wallet, Dash, launch, insurance savings plan, Dash EasyEarn, Etiqa Insurance, payments, mobile data top-ups, ecommerce, lifestyle, remittance services, clawback, mobile payments

SA-based Mama Money, Western Union partner, as remittance sector recovers

30 Jun 2020 | Payments General

South Africa-based money transfer company Mama Money has partnered with Western Union, as the remittance sector recovers after COVID-19.

Mama Money, Western Union, partnership, South Africa, remittance, cross-border payments, fintech, money transfer, COVID-19, mobile app, Africa, Asia, Europe

Transfast, Habib Bank partner for remittances in Pakistan

30 Jun 2020 | Payments General

US-based cross-border payments company Transfast has teamed up with Pakistan-based Habib Bank to allow people to transfer money to Pakistan.

Transfast, Habib Bank, remittances, Pakistan, US, cross-border payments, State Bank of Pakistan, commercial bank, money transfer, expatriates

MoneyGram, Digital Financial Services sign remittance partnership

29 Jun 2020 | Payments General

MoneyGram International has entered into a remittance partnership with Digital Financial Services, a joint venture of Etisalat and Noor Bank.

MoneyGram, Digital Financial Services, remittance, payments