Find here all the latest articles, news, and research on Remittances and other Remittances-related topics:
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Brightwell, a US-based global payments technology company, has announced today the availability of ReadyRemit to enable fintechs to launch global payments programs.
fintech, remittances, cross-border payments
Greg Toussaint, Director at Edgar, Dunn & Company (EDC), elaborates on fintechs’ role as key enablers to boost B2B payment growth.
fintech, B2B payments, SMEs, remittances, marketplace
ICICI Bank has announced the launch of an array of new facilities on its online outward remittances platform, ‘Money2World’ (M2W).
product launch, digital identity, remittances, mobile banking, digital banking
Revolut has announced that customers from the UK, EEA, Japan, Singapore, and Australia can now transfer money to bank accounts in Colombia, Nepal, Peru, Bolivia, Guatemala, Egypt and Costa Rica, according to Business Review.
Revolut, cross-border payments, remittances
Singapore-based DBS Bank has announced that Bangladesh migrants working in Singapore can now transfer funds to their home country in real-time with no fees through DBS’ digital banking platform to a Brac Bank account.
mobile banking, digital payments, digital banking, remittances, money remittance, money transfer, e-wallet, digital wallet
Galileo Financial Technologies, a subsidiary of SoFi Technologies, has recently expanded into Colombia.
expansion, remittances, cross-border payments
Denmark-based cross-border payments provider Inpay has partnered with payments network Eurogiro to allow people in Bangladesh to send and receive remittances with lower fees.
partnership, remittances, cross-border payments, money remittance, money transfer, payment processing
Canada-based Lynx has extended its financial infrastructure to include support for metaverse based services.
product launch, blockchain, crypto, remittances
Visa has released a new study, showing that consumers are increasingly turning to digital payments to send money around the world.
Visa, digital payments, remittances, money transfer, online payments, cross-border payments
UK-based payment service provider Sokin has pledged to support Canada’s migrant population by giving consumers 51% cheaper global money transfers.
Sokin, online payments, cross-border payments, remittances, subscription payments
Saudi Arabia-based digital wallet urpay has tapped MoneyGram’s API-driven infrastructure and network to enable international transfers from Saudi Arabia.
cross-border payments, digital wallet, partnership, API, remittances, money transfer
Vinícius Vieira from Bexs Pay elaborates on the changes implemented by Banco Central do Brazil (BCB) that make transactions easier and create conditions for a more competitive market, mirroring the standards developed in the international scenario
Bexs, FX , instant payments, PIX, Open Banking, cross-border ecommerce, payout, remittances
Netherlands-based digital payments infrastructure TerraPay has partnered with telecoms company MTN Uganda to facilitate international cross-border remittances and money transfers.
TerraPay, partnership, cross-border payments, money transfer, remittances
cross-border payments, remittances
Ascend Money, a Thailand-based fintech, has reached USD 1.5 billion valuation following its latest USD 150 million funding, helping deliver its services to more customers.
funding, e-wallet, lending, remittances, financial inclusion
Blockchain-based payment network Roxe has partnered with international foreign exchange broker Treviso to enable remittances to Brazil.
remittance, remittances, money remittance, partnership
Mobile wallet provider GCash has partnered with Philippines based fintech Ayannah to provide accessible financial services.
partnership, product launch, remittances, mobile money, e-wallet
Canada-based Xigem Technologies, a technology provider for the remote economy, has completed the previously announced acquisition of peer-to-peer payment app FOOi.
acquisition, P2P payments, online payments, remittances
TerraPay, a global payments infrastructure provider, has selected Sentinels to advance their transaction monitoring and screening functionalities.
partnership, remittances, cross-border payments, transaction monitoring, compliance
partnership, cross-border payments, remittances