Remittance

A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.

Source: en.wikipedia.org

Azimo Adds Payments Via Phone Number To Its App

Azimo Adds Payments Via Phone Number To Its App
Azimo Adds Payments Via Phone Number To Its App
April 27, 2017  |  Payment Methods

Azimo, the U.K. money transfer startup that has the backing of Rakuten, is reportedly launching a new feature that enables users to easily send money...

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UK Banking App Pockit Gets £2.9M In Funds As It Launches New Remittance Service
UK Banking App Pockit Gets £2.9M In Funds As It Launches New Remittance Service
April 26, 2017  |  Mobile

Pockit, a mobile banking app targeting the U.K.’s underbanked, has picked up £2.9 million in additional funding and will soon launch a remittance service to...

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Remitly Expands To The UK
Remitly Expands To The UK
April 12, 2017  |  eCommerce

Amazon-backed independent digital money transfer startup Remitly recently told Reuters that it had launched its remittance services for users seeking to transfer money from the...

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Bridge21 Using Bitcoins For Remittance To Mexico
Bridge21 Using Bitcoins For Remittance To Mexico
April 10, 2017  |  Bitcoin

Bridge21, the startup in Mexico, is aiming to use bitcoin to send money internationally to Mexico. Get the Full Story Complete the form to unlock...

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Ant Financial Executive Shrugs Off Rival MoneyGram Bid
Ant Financial Executive Shrugs Off Rival MoneyGram Bid
March 20, 2017  |  Partnerships

Ant Financial Services Group, the payment affiliate of Alibaba, isn’t worried about a rival bid for MoneyGram International, with a top executive telling Reuters he’s...

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Financial Inclusion, Across Channels, Countries And Choice
Financial Inclusion, Across Channels, Countries And Choice
February 22, 2017  |  Financial Inclusion

Moving money across borders takes time, effort and attention to detail — with a focus on local technology and culture. Though the trend toward financial...

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Ant Swallows MoneyGram In US Push
Ant Swallows MoneyGram In US Push
January 26, 2017  |  Partnerships

One of the first major FinTech deals of the year lands with a bang — and a cross-border one at that. Get the Full Story...

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Remittance, Beyond The Tradition
Remittance, Beyond The Tradition
November 18, 2016  |  B2B Payments

Financial institutions have to compete against FinTech upstarts, with an eye on keeping merchants happy when it comes to remittances. Eliminating some of the manual...

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