Articles with tag like: remittance

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British online remittance service Azimo using USU's customer service solution

News | Online & Mobile Banking | 10 Mar 2021

Germany-based customer service solution USU has announced it is equipping the online money transfer service Azimo with a knowledge management solution for customer service.

remittance, remittances, money transfer, online banking, partnership

Diem rival, Celo gets USD 20 mln amid launch of global payments app

News | Cryptocurrencies | 18 Feb 2021

Celo, an open-source blockchain ecosystem, has announced USD 20 million in new backing from purchasers and partners including Andreessen Horowitz, Greenfield One, and Electric Capital.

Valora, mobile payments, remittance, P2P payments app, Celo, funding, Diem

Kotak Mahindra Bank launches remittance solution on its mobile app

News | Mobile Payments | 16 Feb 2021

India-based Kotak Mahindra Bank has announced that its remittance solution, Kotak Remit, is now live on the Kotak Mobile Banking app. 

Kotak Mahindra Bank, India, Asia, mobile banking, remittance, money transfers, mobile payments

South Africa-based Mama Money grows 500% during the pandemic

News | Payments General | 16 Feb 2021

South Africa-based money transfer fintech company Mama Money has observed growth of over 500% in volumes during 2020, according to the official press release. 

South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance

Azimo, HBL to launch money transfer service in Pakistan

News | Payments General | 10 Feb 2021

Digital money transfer service provider Azimo has partnered with commercial bank HBL to launch a new service in Pakistan, according to the official press release.

Azimo, HBL, money transfer, remittance, digital money transfer, Pakistan, Commercial Bank, cross-border payments

MoneyGram, Checkout.com partner to expand real-time digital P2P payments with Visa Direct

News | Online Payments | 25 Jan 2021

MoneyGram has announced the expansion of its Visa debit card deposit service across Europe.

MoneyGram, Checkout.com, Visa, business partnership, debit card deposit, Europe, Visa Direct, real-time push payments, P2P payments, mobile wallets, remittance, cross-border transfers

Bangladesh, Malaysia mobile wallets to use RippleNet for payments

News | Mobile Payments | 19 Jan 2021

Real-time gross settlement system Ripple has announced that Malaysia’s Mobile Money and Bangladesh’s bKash mobile wallet are connected via RippleNet for payments. 

Ripple, RippleNet, bKash, mobile money, partnership, mobile payments, Malaysia, Bangladesh, Asia, APAC, remittance, Mutual Trust Bank of Bangladesh

Nium, Cebuana Lhuillier reveal mobile remittance app in Singapore

News | Mobile Payments | 12 Jan 2021

Cebuana Lhuillier and Nium have partnered to make Quikz, Cebuana Lhuillier’s flagship mobile remittance app in the US, available in Singapore.

Nium, Cebuana Lhuillier, product launch, Quikz, Singapore, remittance, Philippines, partnership, transactions

Scotiabank offers real-time payments in Canada through Interac e-Transfer for Business

News | Payments General | 10 Dec 2020

Canada-based Scotiabank has announced it will be offering real-time payments for all business banking customers, using Interac e-Transfer for Business.

Scotiabank, product launch, Canada, Interac e-Transfer for Business, remittance, invoicing, payments, real-time payments

Paypal's Xoom, MFS Africa partner to offer mobile money transfers in Africa

News | Mobile Payments | 09 Dec 2020

PayPal’s remittance service Xoom has partnered with MFS Africa, a South Africa-based fintech, to offer mobile money transfers to 6 countries in Africa. 

PayPal, Xoom, MSF Africa, Africa, remittance, mobile payments, money transfer

Toyota, Billtrust to provide B2B payments to dealers

News | E-invoicing, SCF & E-procurement | 09 Dec 2020

Toyota Material Handling (TMH) has partnered with Billtrust to offer their dealers access to Billtrust's invoicing, payments, cash application, collections software, and business payments network.

Toyota, Billtrust, partnership, B2B, payments, invoicing, accounts receivable, AR, remittance, collections

EVONET Global raises USD 30 mln in Series A funding round

News | Online Payments | 02 Dec 2020

Wallet network aggregator EVONET Global has raised USD 30 million in a Series A funding round.

EVONET Global, funding round, funding, Series A, payment services, mobile wallet, cross-border retail, QR code, remittance, insurance

Viber to launch chatbot payments feature in the Philippines

News | Mobile Payments | 27 Nov 2020

Viber has announced the launch of its Chatbot Payments feature in the Philippines, allowing users to make payments via the messaging app.

Viber, Globe, the Philippines, Asia, product launch, chatbot payments, mobile payments, merchants, remittance

Western Union to acquire a minority stake in Saudi Digital Payments Company

News | Online Payments | 23 Nov 2020

Western Union has entered into a definitive agreement to acquire a minority stake in Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company. 

acquisition, Western Union, STC Pay, digital wallet, cross-border payments, remittance

Average remittance per transaction to decrease due to COVID-19, Tipalti data shows

News | Payments General | 12 Nov 2020

Tipalti, a global payables automation solution, has found that the average remittance per transaction (ART) during the COVID-19 pandemic across all transactions showed a decrease.

Tipalti, payables automation, accounts payable, study, remittance, online marketplaces, payments

Korean payment company Danal Fintech joins ICON blockchain ecosystem

News | Cryptocurrencies | 11 Nov 2020

Danal Fintech, a subsidiary of Danal which is a large payment company in South Korea, has joined the ICON blockchain ecosystem, a large, decentralised network in Korea.

Danal Fintech, blockchain, payment company, ICON ecosystem, South Korea, PayCoin, remittance, merchants

BNB launches new remittance service for Africa

News | Online Payments | 09 Nov 2020

BNB, a Canada-based fintech that specialises in remittances, has launched a new online money transfer service that allows people to send money to friends and relatives in Africa.

BNB, Liberia, Sierra Leone, Guinea, Africa, product launch, remittance, money transfer

WorldRemit waives transfer fees to the Philippines in light of recent natural disaster

News | Online Payments | 05 Nov 2020

UK-based digital payments platform WorldRemit has announced the waiving of their fees on money transfers to the Philippines in light of the recent tropical storm.

WorldRemit, Philippines, Asia, waiving fees, natural disaster, money transfer, remittance

Crown Agents Bank, Paga extend partnership for Africa expansion

News | Online & Mobile Banking | 03 Nov 2020

Crown Agents Bank has announced it is expanding its partnership with Paga to increase its payments reach in Nigeria, Africa’s largest economy.

Crown Agents Bank, Paga, payments, Nigeria, Africa, mobile money, money transfer, remittance, partnership, FX , cross-border payments

Manny Pacquiao to invest in fintech

News | Payments General | 22 Oct 2020

Former professional boxer Manny Pacquiao has announced plans to launch a fintech payment platform for influencers in the Philippines, according to AltFi

Manny Pacquiao, Philippines, fintech, payment platform, influencer, partnership, PacPay, Pac Technologies, Remesea, Singapore, remittance, cross-border payments, Asia