remittances

Western Union, Travel Wallet Team on Remittances in S. Korea

Western Union, Travel Wallet Team on Remittances in S. Korea
Western Union, Travel Wallet Team on Remittances in S. Korea
February 15, 2022  |  Partnerships

Western Union, which works in cross-border and cross-currency payments, announced Tuesday (Feb. 15) that it has teamed with Travel Wallet to offer money transfer services...

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Korean FinTech WireBarley Collaborates With TenCent on Payments to China
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022  |  Cross-border Payments

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15)....

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London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
London FinTech Startup Zepz Mulls $6B NY Listing, Bypassing UK
February 02, 2022  |  IPO

London cross-border transfer startup Zepz is weighing an initial public offering (IPO) on Wall Street at an estimated $6 billion valuation, bypassing the U.K.’s push...

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Revolut to Offer US Consumers Free Remittances to Mexico
Revolut to Offer US Consumers Free Remittances to Mexico
January 28, 2022  |  Cross-border Payments

Global finance app Revolut has announced that U.S. customers can transfer money to Mexican bank accounts, according to an emailed press release Friday (Jan. 28)....

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From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
January 27, 2022  |  Global Payments

For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. Get the Full Story Complete the form to unlock this article and...

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Binance Ending Halt on SEPA Payments
Binance Ending Halt on SEPA Payments
January 26, 2022  |  Cross-border Payments

Cryptocurrency exchange Binance is preparing to once again accept deposits from the Single Euro Payments Area (SEPA), ending a months-long freeze. Get the Full Story...

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Equity Firms Line Up to Buy Moneygram
Equity Firms Line Up to Buy Moneygram
January 25, 2022  |  Acquisitions

A trio of private equity firms have submitted competing offers to acquire MoneyGram International, Reuters reported Tuesday (Jan. 25). Get the Full Story Complete the...

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Dock to Use Crypto in International Money Transfers
Dock to Use Crypto in International Money Transfers
January 23, 2022  |  Cryptocurrency

Brazilian financial services provider Dock plans to use cryptocurrencies to process international remittances, according to a Friday (Jan. 21) Reuters report. Get the Full Story...

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Afreximbank’s Payment System Goes Live With 12 African Banks
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022  |  Cross-border Payments

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more...

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