M&A Deal: MoneyGram and Ant Financial Enter the Amended Merger Agreement
- 7 years 7 months ago
- Money Transfers
Today MoneyGram and Ant Financial Services Group today reported that the companies have entered into an amendment to the definitive agreement under which MoneyGram will merge with Ant Financial. Pursuant to the amendment, Ant Financial increased the offer price to acquire all of the outstanding shares of MoneyGram from $13.25 per share to $18.00 per share in cash. The MoneyGram board of directors has unanimously approved the Amended Merger... more
Remitly Now Also in the UK
- 7 years 7 months ago
- Money Transfers
Remitly, the largest independent digital remittance company in the United States, has announced its expansion into the United Kingdom, its third send country after the United States and Canada.
Azimo Revolutionizes Money Transfer Process With its New In-App Feature
- 7 years 7 months ago
- Money Transfers
Users can now instantly send and receive money using just a phone number Azimo, the international money transfer service, has today launched an industry-first feature that will revolutionise how money is sent and received.
WorldRemit introduces online money transfers in Japan
- 7 years 8 months ago
- Money Transfers
WorldRemit, the major online money transfer entreprise, has set up in Japan. Customers in Japan will now be able to send money to family and friends worldwide, using a mobile phone, tablet or computer – cutting out the need to travel to agent locations or bank branches during business hours. Bringing the offline remittance industry to mobile, WorldRemit's arrival in Japan underlines its status as a major player in the global FinTech revolution.
WorldRemit Joins Forces With KCB to Power Money Transfers to Kenya
- 7 years 8 months ago
- Money Transfers
Digital money transfer service WorldRemit and KCB, the largest bank in East and Central Africa, have partnered to create a new instant option to send remittances to Kenya. Announced at an investment event for Kenyan and African diaspora at the Royal Overseas League in London, the partnership aims to support the growing demand for instant, digital remittances among more than 3 million Kenyans currently living abroad. Kenyans living around the... more
WorldRemit Launches Online Money Transfer Service in Hawaii
- 7 years 8 months ago
- Money Transfers
WorldRemit, the leading online money transfer service, has launched in Hawaii, targeting 120,000 Filipino migran
Azimo upgrades BDO Remittance service, adding instant bank transfers
- 7 years 8 months ago
- Money Transfers
Azimo, the digital money transfer service operating in Europe, today announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. BDO Remit, the remittance service of the Philippines’ largest bank BDO Unibank, handles all Azimo transfers to the country. This new service now enables Azimo’s vast user-base to have immediate access to money sent. Transfers are instant via... more
IDT Launches Remittance App Called BOSS Revolution Money
- 7 years 9 months ago
- Money Transfers
IDT Corporation (IDT), a global provider of communications and payment services, introduces BOSS Revolution Money. This app makes it possible to send money transfers, mobile airtime and electronic gift cards to family and friends easily and securely.
Mitek Announces MoneyGram Selects Mobile Verify™ for Anti-Money Laundering Solutions
- 7 years 9 months ago
- Payments, Money Transfers
Mitek, a global leader in mobile capture and identity verification software solutions has announced that MoneyGram, a global provider of innovative money transfer services, is using Mobile Verify™ to meet Anti-Money Laundering (AML) requirements for identifying individuals who send and receive funds.
WorldRemit partners with Xpress Money for instant money transfers to Indonesia
- 7 years 11 months ago
- Payments, Money Transfers
Digital money transfer service WorldRemit and global money transfer brand Xpress Money have partnered to open up new remittance routes to Indonesia, expected to further support the growing demand for instant remittances in the country. Through Xpress Money’s extensive agent partner network, WorldRemit customers will be able to make secure, instant money transfers to be collected at over 11,000 cash pickup locations at Bank Rakyat branches, one... more
Avuba and Raphaels Bank Team Up On Alternative Payments Technologies
- 8 years 6 months ago
- Payments, e-Payments, Money Transfers, Banking, Mobile Banking, Alternative Finance
Demonstrating its growing reputation for delivering pan-European innovative payment solutions, Raphaels Bank Payment Services, has signed a partnership deal with European start-up Avuba. The new deal will see Raphaels Bank, a market player in the emerging payments market, support the launch of an alternative payment account from Avuba for consumers in Europe.
Uphold and IDFC Bank team up on cross border payments
- 8 years 7 months ago
- Payments, Money Transfers
Uphold, the cloud-based financial platform, is launching its services into India. Now, Uphold members - in any market - can instantly send money or make payments to anyone in India, redeemable directly through any Indian bank.
