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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
investment, partnership, remittance, Visa
Google Pay, remittance, Western Union, mobile payments
remittance, IPO, banks, JP Morgan, Barclays, Amazon
PromptPay, PayNow, remittance
UK-based ACE Money Transfer has announced expanding its global money transfer services to Australia.
expansion, remittance, money remittance, money transfer
UK-based Travelex has partnered with global payments platform Nium to extend digital remittance services to their users.
partnership, Nium, Travelex, remittance, money transfer
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
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, India, Asia, mobile banking, remittance, money transfers, mobile payments
South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance
Azimo, HBL, money transfer, remittance, digital money transfer, Pakistan, Commercial Bank, cross-border payments
MoneyGram, Checkout.com, Visa, business partnership, debit card deposit, Europe, Visa Direct, real-time push payments, P2P payments, mobile wallets, remittance, cross-border transfers
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