PaySend revolutionising international money transfer with the launch of PaySendLink
- 5 years 4 months ago
- Payments, Money Transfers
Global payments disrupter Paysend, which has the only global card to card money transfer network, has launched another innovative service called PaySendLink. The new service means that consumers will need just the recipient’s mobile phone number to send money to somebody overseas.
Western Union Digital Expands in Asia: Mobile App Now Live in Singapore
- 5 years 5 months ago
- Money Transfers
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, has launched the
Paysend signs with Vietcombank to bring money transfer revolution to Vietnam
- 5 years 5 months ago
- Payments, Money Transfers, Banking
Global payments disruptor PaySend which now has over 350,000 customers across Europe and beyond has signed a strategic partnership agreement with Vietcombank Remittance Company (VCBR), which dominates all inbound money transfers in Vietnam. This partnership will let people from anywhere in the world send money directly to any bank account, NAPAS card, Visa or MasterCard issued in Vietnam.
Western Union and China’s JD Digits Join Forces for Global Digital Money Movement
- 5 years 5 months ago
- Payments, Money Transfers
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and JD Digits, a leading digital technology company in China with 400 million individual custo
PayPal launches Xoom in Canada
- 5 years 5 months ago
- Money Transfers
Today, PayPal launched Xoom, its international money transfer service in Canada.
Travelex research reveals an “immovable 24%” of consumers that refuse to go cashless
- 5 years 5 months ago
- Money Transfers
Travelex, the leading global foreign exchange and money transfer specialist, today released its study into attitudes towards cash and other payment technologies: Do we really want a cashless society?
YGGDRASH Partners with Blockchain Remittance Platform REMIIT
- 5 years 5 months ago
- Blockchain, Money Transfers
Third-generation trust-based multi-dimensional blockchain platform, YGGDRASH, has entered into a partnership with a blockchain powered open market remittance platform, REMIIT. At the signing ceremony, representatives from both companies met to share and discuss the technology, vision and direction between the two companies. In particular, they focused on the overseas remittance sector within the ecosystem of YGGDRASH.
Western Union Expands with Online International Money Transfers in Malaysia
- 5 years 5 months ago
- Money Transfers
The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, has launched online money transfers in Malaysia via the
Should there be more competition among international money transfer providers?
- 5 years 6 months ago
- Money Transfers
The BBC reports today** that migrants to the UK send £8bn to family each year. UNESCO calculate that the average transaction fees applied to international money transfers amounts to 7% of the total transaction. That means a whopping £560 million is lost to transaction fees every year. When you also consider that 30% of that money is sent back to get younger family members through education, it's a huge loss to those that are often required to... more
NatWest leads TransferWise’s £65 million syndicated debt facility
- 5 years 6 months ago
- Money Transfers
TransferWise, a financial company for people who travel, live and work internationally, has completed a £65 million syndicated debt facility with NatWest and LHV Bank to support the increasing requirements of its growing international customer base. Launched in 2011, the London-headquartered business offers customers an easier and quicker option to manage money across borders. TransferWise has over four million customers and moves £3billion of... more
Moneynetint and Ripple Presents: International Money Transfer Without an Intermediary Bank Involvement
- 5 years 7 months ago
- Payments, Money Transfers
Moneynetint, UK based electronic e-money institution which provides cross-border money transfers and currency exchange for corporate clients around the world, announced that it had completed the integration phase with Ripple, which offers blockchain solutions for payments.
Western Union launches high value account-to-account transfers from the UK
- 5 years 7 months ago
- Money Transfers
The Western Union Company, a leader in global cross-border, cross-currency money movement, today announced its foray into the multibillion-dollar bank account-to-account money transfer sector for consumers, by launching high-value digital transfers from the United Kingdom to around the world.
Millennial migrant workers driving international money transfers, discovers Xpress Money
- 5 years 8 months ago
- Money Transfers
Despite one in ten migrant workers in the UK having to live away from their children (9%) or spouses (8%), two-thirds (64%) are relieved they can support these family members after moving, reveals Xpress Money, one of the most dependable money transfer brands in the world. These sacrifices mean that two in three (60%) migrant workers are now able to better provide financial support to their families, through remittances.
WorldRemit launches inter-African money transfer service
- 5 years 8 months ago
- Money Transfers
Leading international money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent. The new digital service will reduce the cost of sending money across borders. The prohibitive charges that individuals and businesses pay to transfer money within Africa are recognised as a major obstacle to the growing regional integration promoted by the continent-wide free-... more
Emirates NBD introduces DirectRemit service to the UK
- 5 years 8 months ago
- Money Transfers
Emirates NBD, a leading bank in the region, today announced the launch of DirectRemit services to the United Kingdom (UK), enabling customers to transfer money instantly back home, free of any charges and at competitive exchange rates. Emirates NBD’s remittance service is the fastest in the UAE and enables GBP transfers to Lloyds Bank accounts in less than 60 seconds and transfers to other UK based banks within an hour, via Emirates NBD Online... more
