Articles with tag like: remittance

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Tencent invests in Easy Transfer

News | Online Payments | 14 Jan 2022

China-based technology company Tencent has financed Easy Transfer, a startup that augments tuition payments for overseas Chinese students.

remittance, cross-border payments, investment, startup, online payments

Fino Payments Bank receives RBI approval for international remittance business

News | Payments General | 03 Jan 2022

Fino Payments Bank has received approval from Reserve Bank of India (RBI) for starting international remittance business under the money transfer service scheme (MTSS).

banks, remittance, product upgrade, cross-border payments, merchant

PayCargo partners with Evolve

News | E-invoicing, SCF & E-procurement | 23 Dec 2021

PayCargo Capital has secured a lending alliance with Evolve Bank & Trust (Evolve), a financial and technology institution, allowing freight forwarders and beneficial cargo owners to apply for and receive credit at the point of paying freight costs.

partnership, supply chain finance, digital payments, remittance

Axletree teams with Roxe for international blockchain payments

News | Online Payments | 22 Dec 2021

Axletree and Roxe have partnered to deliver cross-border payments with blockchain technology, making use of the former’s marketplace and Roxe’s Instant Settlement Network.

cross-border payments, blockchain, remittance, instant payments, instant settlement, cryptocurrency

Western Union and NPCI International sign MoU

News | Payments General | 17 Dec 2021

Western Union and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MoU) to strengthen real-time bank account payouts in India.

Western Union, real-time payments, NPCI, banks, remittance

EBANX acquires Remessa Online

News | Payments General | 16 Dec 2021

EBANX, a payments platform, has acquired Remessa Online, a fintech that specialises in international remittance services, in a deal valued at USD 229 million.

acquisition, remittance, fintech

QIB rolls out Visa Direct remittance service

News | Online & Mobile Banking | 15 Dec 2021

Qatar Islamic Bank (QIB) has announced the launch of new remittance service ‘Visa Direct’ in partnership with Visa in Qatar.

remittance, money transfer, Visa, partnership, product launch

Worldline partners with Bexs Pay for cross-border remittance from Brazil

News | Online Payments | 14 Dec 2021

France-based payment service provider Worldline has teamed with Brazil-based Bexs Pay to launch a cross-border remittance product for online payments from Brazil.

Worldline, partnership, remittance, online payments, cross-border payments, local payment method, ecommerce, merchants

Aleta Planet teams up with Tencent

News | Payments General | 08 Dec 2021

Aleta Planet has partnered with Tencent Financial Technology to help Singapore residents remit money to Weixin users in China.

partnership, remittance, UnionPay

Mastercard enters partnership with ProgressSoft

News | Payments General | 07 Dec 2021

Mastercard has partnered ProgressSoft, to simplify the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East and North Africa. 

Mastercard, partnership, remittance, financial services, financial institutions

Unimoni taps Buckzy Payments' cross-border payment infrastructure

News | Online Payments | 03 Dec 2021

UAE-based fintech Unimoni has partnered with Canada-based payment service provider Buckzy Payments to make international payments more reliable across the globe.

cross-border payments, remittance, money transfer, partnership, growth markets, online payments

Western Union, Singtel's Dash to power cross-border digital money movement

News | Payments General | 08 Nov 2021

Western Union has partnered with Singtel’s Dash to enable international money transfers digitally for Dash’s customers in Singapore, as announced during SFF. 

partnership, Western Union, cross-border payments, B2B payments, remittance

Azimo teams up with Privatbank

News | Payments General | 05 Nov 2021

Azimo, a digital money transfer service, has partnered with Privatbank, a Ukraine-based commercial bank.

product launch, banks, money transfer, remittance

Velo Labs and Inception work together for Southeast Asia remittances

News | Online Payments | 01 Nov 2021

The blockchain-based financial protocol company Velo Labs has joined forces with Inception, a cross-border remittance financial service company available in Southeast Asia.

partnership, online payments, e-wallet, remittance

Flutterwave enables new Europe-Africa payment corridors via Stellar

News | Online Payments | 26 Oct 2021

Nigeria-based fintech Flutterwave has partnered with US-based Stellar to open two new remittance corridors between Europe and Africa on the Stellar network.

Flutterwave, partnership, digital payments, financial inclusion, remittance, product upgrade

Ripple, Pyypl debut service in Middle East

News | Cryptocurrencies | 26 Oct 2021

Enterprise blockchain and crypto solutions for cross-border payments provider Ripple has launched  RippleNet’s On-Demand Liquidity (ODL) deployment in the Middle East, together with Pyypl.

partnership, Ripple, XRP, blockchain, digital assets, remittance, cross-border payments

Xoom collaborates with Thunes to expand global reach

News | Mobile Payments | 26 Oct 2021

Xoom, Paypal’s digital remittance service, has partnered with Singapore-based fintech Thunes to enable Xoom’s customers in North America and the UK to send remittances to mobile wallets.

Thunes, remittance, digital wallet, partnership, expansion, PayPal

SWIFT Go: 100+ banks have signed up

News | Payments General | 14 Oct 2021

SWIFT has announced that 100 banks around the world have signed up for SWIFT Go since it went live in July 2021, according to an official press release.

SWIFT, cross-border payments, remittance

OneFor partners Moorwand

News | Payments General | 08 Oct 2021

OneFor has selected Moorwand to power OneFor’s offering, aiming to improve the simplicity, accessibility, and affordability of remittances for consumers.

partnership, product launch, remittance, IBAN, debit card

Trulioo announces five new global customers in the remittance sector

News | Digital Identity, Security & Online Fraud | 28 Sep 2021

Trulioo, a Canada-based identity verification company, has announced five new customers in the remittance sector: Sokin, Bano Financial, Global66, SwapMoney and Supersonicz.

remittance, fintech , online payments, API, Trulioo, identity verification