Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex Visa Travelcard, according to a press release. The Travelcard will be multicurrency and allow customers throughout the Asia-Pacific (APAC) region...
Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. 28). This new set of APIs offers users a way to “integrate their financial institutions,...
For Flywire, the decade that’s about to wrap up in three months has been about much more than just a name change. Look back to 2009, when peerTransfer was just an idea at the Massachusetts Institute of Technology. Now it’s a company processing $6 billion per...
Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. 25. “The internet has allowed businesses to buy and source in foreign markets and many businesses are rushing to capitalize...
The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the referendum vote unexpectedly ruled in favor of leaving the European Union. The last few weeks, although eventful, have not been...
Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. By launching in Canada, the Singapore-based startup is strengthening its North American presence. InstaReM currently holds regulatory licenses in eight markets across 40 countries,...
That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far from a secret. It is, in fact, an ongoing goal of the last several years...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Western Union‘s rollout of an international money transfer service in Thailand. Remittances out of U.A.E. are on the rise with the take-off of digital transfers; Fortumo and Elisa have...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferMate’s approval for a payments license in Singapore, Chinese bank Shanghai Commercial Bank (SCB) working with the EMQ to support cross-border money transfers, Woori Bank and Wing Limited Special Bank reportedly...
