remittances

Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
September 13, 2024  |  Cross-border Payments

Revolut is reportedly looking to expand its business into Gulf Cooperation Council (GCC)-member countries. The British FinTech has submitted applications to become an electronic-money institution and...

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Visa and 1Link Partner to Promote Digital Payments in Pakistan
Visa and 1Link Partner to Promote Digital Payments in Pakistan
September 11, 2024  |  Partnerships

Visa teamed up with 1Link, a payment system operator and payment service provider in Pakistan, to promote digital payments in Pakistan. The partnership will facilitate...

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Mastercard to Provide Payment Processing to Saudi Startup Barq
Mastercard to Provide Payment Processing to Saudi Startup Barq
September 06, 2024  |  Partnerships

Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnership...

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TerraPay President Says Cross-Border Payments Need Global Digital Wallet Network
TerraPay President Says Cross-Border Payments Need Global Digital Wallet Network
September 05, 2024  |  Mobile

In emerging markets, the digital wallet represents much more than a novel payment option. It is a digital passport to the digital world. And in...

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Visa and Crown Agents Bank Launch ‘Last-Mile’ Payments Partnership
Visa and Crown Agents Bank Launch ‘Last-Mile’ Payments Partnership
August 29, 2024  |  Partnerships

Visa and Crown Agents Bank (CAB) are targeting the “last mile” of the payments process. The two firms were already working together, with Visa relying...

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Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
August 12, 2024  |  Cross-border Payments

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most...

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Blend and Astra Partner on Card Funding of Deposit Accounts
Blend and Astra Partner on Card Funding of Deposit Accounts
August 05, 2024  |  Partnerships

Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for...

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PingPong Scores Payments License in Indonesia
PingPong Scores Payments License in Indonesia
July 31, 2024  |  Cross-border Payments

Enterprise-focused cross-border payments platform PingPong has won approval to do business in Indonesia. Bank Indonesia, the country’s central bank, has granted the company a payment...

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Western Union’s Digital Surge Offsets In-Store Decline
Western Union’s Digital Surge Offsets In-Store Decline
July 30, 2024  |  Earnings

The digital transformation of Western Union continues with the money-transfer company posting double-digit growth in global mobile and online transactions for the second quarter, despite...

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