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Ripple has partnered with the Royal Monetary Authority of Bhutan (RMA) to pilot a Central Bank Digital Currency (CBDC) using the Ripple CBDC Private Ledger.
partnership, Ripple, CBDC, remittance
PayPal has introduced its new upgraded app, including new features and services, the launch of the PayPal Generosity Network in the UK, and two-way messaging for peer-to-peer transactions.
PayPal, online payments, mobile payments, remittance, P2P payments
PayPal has announced continuing the international expansion of the PayPal Business Debit Mastercard into the Netherlands.
PayPal, Mastercard, debit card, remittance
Blockchain-based payment network Roxe has partnered with international foreign exchange broker Treviso to enable remittances to Brazil.
remittance, remittances, money remittance, partnership
WorldRemit, a UK-based digital cross-border payments company, has introduced its money transfer services in Malaysia’s markets through its app and web-based platform.
expansion, cross-border payments, remittance, online payments
TEMPO France, Velo Labs, and Bitazza Thailand have opened up a remittance corridor between 27 countries in the EU region and Thailand.
partnership, remittance, financial institutions, DeFi
Global Money Express (GME Remittance) has joined Ripple’s network of institutional payment providers to hasten payments between the country and Thailand.
remittance, Ripple, partnership, mobile money
Cross-currency payments platform Western Union and Philippines-based fintech PERA HUB have integrated the former’s digital money transfer capabilities into the UnionBank banking platform.
partnership, money transfer, remittance, cross-border payments
partnership, money transfer, remittance, Open Banking
Singapore-based Thunes, a global payments network, has partnered with Dashen Bank, allowing users to send money to Ethiopia from around the world.
online banking, cross-border payments, e-wallet, remittance
Money transfer service Western Union has announced the launch of direct to account payout transfers from the United Arab Emirates to the world.
partnership, Western Union, FX , cross-border payments, remittance
Singapore-based payments platform Nium has signed an agreement to acquire Wirecard Forex India for an undisclosed amount.
acquisition, FX , remittance
Philippines-based payment gateway PayRemit has announced the launch of a marketplace dedicated for Overseas Filipino Workers.
product launch, remittance, online payments, cross-border payments
Azimo, the UK-based digital money transfer service, has announced offering a fee-free transfer for all senders on June 16, the UN’s International Day of Family Remittances.
remittance, cross-border payments, online payments
Forex platform Travelex has announced partnering with Singapore-based payments platform Nium to launch digital remittance offering Travelex International Money Transfer.
partnership, remittance, money remittance, online payments
BASIS iD has partnered with startup company Kemit Kingdom to support its project, Wakanda Messenger, which provides access to financial services by fail-safe and digital identity verification.
partnership, financial services, identity verification, digital identity, remittance, ecommerce, KYC, AML, PSD2, GDPR
South Korea’s central bank has announced plans to conduct a mock test on the functionality of a central bank digital currency (CBDC), according to Yahoo Finance.
CBDC, central bank, remittance, settlement, payment processing
Flutterwave, partnership, remittance, online payments
National Bank of Egypt (NBE) has announced plans to harness blockchain technology from Ripple for a remittance corridor with the United Arab Emirates (UAE).
partnership, remittance, Ripple, cross-border payments, banks
Temenos, digital banking, cross-border payments, remittance, partnership