Moneygram Partners with Visa Push Payments Platform for Cross-border Remittances
- 6 years 7 months ago
- Money Transfers
Visa and MoneyGram today announced a strategic agreement that will modernize and digitize the process of sending and receiving money overseas. Utilizing Visa Direct, Visa’s real-time1 push payments platform, the agreement will enable secure cross border remittances; once live, MoneyGram’s service will enable its users to choose their preferred method of sending and receiving funds.
UAE Exchange Rebrands its Africa Operations as Unimoni
- 6 years 7 months ago
- Payments, Money Transfers
UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced the rebranding of its Africa operations as “Unimoni” (www.Unimoni.com). The announcement was made by Promoth Manghat, Executive Director of Finablr (www.Finablr.com) and Group CEO, at an event held in Nairobi, Kenya, in the presence of dignitaries, partners and other guests.
TransferWise Launches in Hong Kong
- 6 years 7 months ago
- Money Transfers
Leading London-based fintech company TransferWise announced today (6 July 2018) the official launch of its international money transfer platform in Hong Kong, giving it a major foothold in Asia as part of the company's ongoing international expansion.
Azimo broadens its money transfer service from the Nordic countries
- 6 years 7 months ago
- Money Transfers
Digital money transfer company Azimo has added 10 new countries to its service for customers in Nordic countries.
Remittance thought leaders to gather in Lagos - Nigeria for Remittance Africa Expo 2018
- 6 years 7 months ago
- Money Transfers
Meet the largest gathering of money transfer providers on the Africa continent at the 7th RemittanceAfrica Expo (www.RemittanceAfrica.com) that will take place across 23 and 24 of October at the Lagos Oriental hotel with the compelling headline theme ‘Unlocking Opportunities in Money Transfer and Payment systems in Africa’. The conference will host leading thought leaders in the remittance ecosystem in Africa and beyond.
Paysend closes $20 million funding round
- 6 years 7 months ago
- Money Transfers
Paysend, the business targeting a global payments revolution, has closed a $20 million funding round, led by investment firm MARCorp Financial. The funding, which also came from other existing investors, will be used to launch new services for Paysend’s rapidly expanding customer base and to invest in its global expansion plans. Ronald Millar, CEO of Paysend, said: “We are delighted to welcome MARCorp onboard and to increase our international... more
Ant Financial fights back from MoneyGram disappointment with rival blockchain remittance service
- 6 years 8 months ago
- Money Transfers
After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that will, in its initial stages, help the hundreds of thousands of Filipinos working in Hong Kong, who collectively remit about HK$
Pangea Money Transfer Appoints Shafiq Shariff as VP of Product
- 6 years 9 months ago
- Money Transfers
Pangea Money Transfer, a mobile-centric remittance platform for sending money from the U.S.
New Western Union Report on Foreign Exchange and international Payments Reveals the impact of the EU Referendum on UK Businesses
- 6 years 11 months ago
- Money Transfers
UK importers lost an average 12% in profits since the EU Referendum as a result of Sterling depreciation, according to new research* from Western Union as the countdown begins on a year to Britain’s exit from the EU on 29 March 2019. The figures are part of the global payments specialist’s new FX Barometer, a special quarterly analysis of FX trends andinsights to help businesses and their advisors derive more value from their international... more
Pangea Money Transfer Announces Major Fee Reduction for U.S.-to-India Remittances
- 6 years 11 months ago
- Money Transfers
Pangea Money Transfer, a mobile-centric remittance platform for sending m
Wing Partners with WorldRemit to Offer Instant Money Transfers to Cambodia
- 7 years 3 weeks ago
- Money Transfers
Leading digital money transfer service, WorldRemit, and Cambodia’s largest mobile banking services provider, Wing Cambodia Limited Specialised Bank, have launched instant money transfers to Cambodia.
Western Union fined $60 million for violating AML laws
- 7 years 1 month ago
- Money Transfers
Financial Services Superintendent Maria T. Vullo today announced that Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York Bank Secrecy Act (BSA) and anti-money laundering laws (AML).
Sainsbury’s Bank launches new online international money transfer platform
- 7 years 2 months ago
- Money Transfers
New research from Sainsbury’s Bank reveals that almost eight million UK adults have sent an average of £5,236 abroad in the last two years.
MoneyGram To Use Interac e-Transfer Bulk Disbursement
- 7 years 3 months ago
- Money Transfers
Interac Association/Acxsys Corporation (Interac) announced today that MoneyGram International, Inc. has begun using Interac e-Transfer Bulk Disbursement, an extension of the Interac e-Transfer service, as a new way for Canadians to receive payments sent through MoneyGram's payment service. Interac e-Transfer Bulk Disbursement allows MoneyGram to deliver money to its Canadian recipients in real time, with instant pickup and real-time funds... more
Telenor’s Valyou Receives UNCDF Support for Financial Inclusion in Myanmar
- 7 years 3 months ago
- Money Transfers
Valyou, a service from Telenor Group, will provide low-cost international remittance services to Myanmar in its effort to promote greater financial inclusion in Southeast Asia.
