Sections
remittances
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Cross-border PaymentsPandemic Drives Growth In Global Digital Remittances
No matter where you look, the pandemic has put up serious barriers to economic...
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Digital PaymentsVisa On The Role of ‘Super Apps’ In Driving Emerging...
“Careem” is an Arabic word meaning, in part, “noble, admirable and praiseworthy.” In the...
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B2B PaymentsBilltrust Adds Tools To Enhance Payments Automation, Transparency
Billtrust, which works with B2B order-to-cash solutions and accounts receivable automation, has expanded its...
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Partnerships / AcquisitionsWestern Union, AXA Team On Life Insurance Pilot Program
Some residents of France who use Western Union online services to wire money to...
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The WeekenderRemote Notary Services, Digital Shift Personas And Capgemini’s BlackLine Alliance...
It’s the end of the work week, and the PYMNTS Weekender is here to...
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Cross Border CommerceSmarter Payments Are Crossing Borders
Cross-border payments are immense, clocking in at $29 trillion in 2019 and projected to...
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Smarter PaymentsDeep Dive: How High Costs And Slow Processing Times Impede...
The World Bank projects that $572 billion will be sent from migrant workers to...
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Smarter PaymentsHow Digitalization Soothes Cross-Border Payment Pain Points
For UAE's 90 percent expatriate population, sending remittances back home often means paying exorbitant...
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Smarter PaymentsFixing The UAE’s $46B Remittance Problem
Cross-border payments are expected to hit $39 trillion by 2022, with $572 million worth...
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AcquiringWestern Union Eyes Buying MoneyGram
Western Union could be looking to acquire MoneyGram in a transaction that would unite...
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Payment MethodsThe (Digital) Transformation Of Remittances, Bit By Byte
The pandemic has kept us all home — and for firms that have depended...
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Cross-border PaymentsWestern Union CEO On Solving For The Future Of Global,...
The passage of time is a bit unusual in financial services. With the digitization...
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Cross-border PaymentsPostepay Customers Get Access To Western Union’s Platform
Through an effort to enable cross-border payments, Postepay clients can now access the cross-border and cross-currency...
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Partnerships / AcquisitionsAlipay, WorldRemit Team On Cross-Border Remittance
Money transfer platform WorldRemit announced a new partnership with Alipay that will make it...
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Partnerships / AcquisitionsMoneyGram, Suez Canal Bank Team To Enable Egypt Money Transfers
MoneyGram has partnered with Suez Canal Bank to let customers send money right into...
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InternationalMoneyGram Teams With LuLu Money To Power Asia-Pacific Transactions
Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global...
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Partnerships / AcquisitionsTerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
Mobile-first international payment network TerraPay is partnering with UBA Group, a leading pan-African financial services...
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VISAVisa, MFS Africa Team To Take Mobile Wallets Cross-Border
Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across...
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Digital BankingToken’s M10 Networks Launches ‘Bank-Grade’ Digital Money Rail
Open banking platform provider Token.io has announced the launch of affiliate company M10 Networks,...
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Mobile PaymentsPayPal’s Xoom Launches US Money Transfers To Walmart, Ria Locations
Xoom, PayPal’s international money transfer service, announced that customers will be able to send...
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B2B PaymentsSphere Teams With RMS For Automated Healthcare Payments
Payments and security software provider Sphere announced that it is teaming up with Oklahoma-based...
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Partnerships / AcquisitionsMoving FI, FinTech Partnerships Beyond The Press Release
Big, splashy announcements of freshly-forged partnerships between FinTechs and mainstream payments and financial services...
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Cross-border PaymentsWestern Union Enables Real-Time Global Transfers Via India’s UPI
Cross-border payments firm Western Union is advancing real-time money transfers to customers in India,...
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Faster PaymentsDeep Dive: Emerging Response To B2B, P2P Cross-Border Payments Pain
Money constantly flows across borders in the increasingly interconnected global economy, from workers overseas...
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Global PaymentsFinTech InstaReM Launches Remittance Service In Canada
Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada,...
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BitcoinBitcoin Daily: AT&T Must Answer To Suit From Crypto Investor;...
Union Bank of the Philippines is experimenting with blockchain for remittances, as its chairman...
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InvestmentsRemitly Scores $135M To Expand Globally
Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million...
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VISAVisa, Western Union Team To Speed Global Payments
Today (June 5), Visa and Western Union struck a strategic agreement to move money...
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Payment MethodsWestern Union’s Playbook For Balancing Cash And Digital Payments
Despite the dreams and expectations among all kinds of people during the rise of...
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B2B PaymentsIn Europe, Cross-Border FinTech And FI Efforts Eye Speed And...
FinTech firms are making strides in cross-border payments and tie-ups with more traditional players,...
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Smarter PaymentsIn India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash...
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Smarter PaymentsFaster Payments’ Impact On India’s 100M Migrant Workers
For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth...
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Global PaymentsViva Air To Tap Into Mobile Payments; Bookme Closes Pre-Series...
Welcome to The Axis, your late look at payments news from around the world....
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Global PaymentsENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian...
Welcome to The Axis, your late look at payments news from around the world....
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Cross Border CommerceMexican Gov’t Eyes FinTechs For Cheaper X-Border Transactions
The Mexican government is hoping FinTechs will make sending cash home for Mexican families...
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B2B PaymentsCross-Border Payment Efforts Grab Funding
Amid the battle heating up between Ripple and SWIFT over payments infrastructure, SendFriend, a...
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Digital PaymentsSenders As Issuers: A New Space For Cards In Global...
When InstaReM CEO and Co-founder Prajit Nanu started putting together a global remittance firm...
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B2B PaymentsAlipay In X-Border Blockchain Pact
Blockchain grabbed some headlines this past week as DLT helped foster new cross border...
- B2B Payments
Western Union, JD Digits Eye Biz Payments With X-Border Partnership
Western Union has announced a partnership with Chinese digital payments company JD Digits, which will...
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Cross Border CommerceXoom Expands Full Suite Of Send Services To Canada
When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze...
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InternationalBanks Steer Clear Of X-Border Transfers
Amid stricter checks for money laundering, banks are moving away from the international money...
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Digital PaymentsGrab Launches P2P Remittance Product
Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the...
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InvestmentsNigeria’s Mobile Wallet Paga Snags $10M, Expands Cross-Border
Nigerian digital payments startup Paga has received $10 million in funding as it prepares to...
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Partnerships / AcquisitionsXoom, OXXO Pair On Money Transfer In Mexico
Xoom, PayPal’s international money transfer service, has announced a partnership with TransNetwork, which allows...
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VISAMoneyGram And Visa Team To Deliver Real-Time Global P2P
MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time...
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Security & FraudTrulioo Offers Instant Identity Verification In The Philippines
Trulioo, the global identity verification company, announced Tuesday (July 24) that it started offering...
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B2B PaymentsPayroll Startup Salarium Plans ICO
A startup offering payroll and human resources (HR) solutions is looking to raise $20...
- Payment Methods
Quisk Begins Incorporating Blockchain Into Its Platform
Quisk, Silicon Valley provider of a secure digitized cash payment network for banks and...
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Financial InclusionMoneyGram, Ant And Making The “Unbanked’s Bank”
On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With...
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BlockchainRipple Adds 10 New FIs To Global Network
Blockchain-based payments and global financial settlement solution provider Ripple just recently announced the addition...
