Search Results for: remittances

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya
Digital Payments Fintech News

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

Business Wire
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission......
MoneyGram Unveils 2024 State of Remittances Report: The Consumer Perspective on Digital Trends and Global Pressures
Finance Fintech News

MoneyGram Unveils 2024 State of Remittances Report: The Consumer Perspective on Digital Trends and Global Pressures

PR Newswire
The new report reveals the motivations and behaviors of remittance consumers, providing critical insights into the evolving landscape of international money transfers MoneyGram International,  leading global financial technology company that connects the world’s communities, announced the release of its comprehensive annual report, ”2024 State of Remittances – Through the Lens of......
Visa Releases Third Annual Money Travels: 2024 Digital Remittances Adoption Report
Fintech News

Visa Releases Third Annual Money Travels: 2024 Digital Remittances Adoption Report

Business Wire
Global Visa research highlights the crucial role of cross-border money movement in supporting humanitarian efforts, as consumers see the future as digital While remittances are a lifeline for millions of migrant workers and their families, Visa’s annual “Money Travels: 2024 Digital Remittances Adoption” research report found that humanitarian assistance was......
UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances
Digital Payments News

UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances

Business Wire
SONAR, ThetaRay’s AI-powered AML solution, will enable TangoPay to embed trust in cross-border payments and grow its business while reducing risk TangoPay an Authorized Payment Institution based in the UK, and ThetaRay, the leader in next-generation AI-powered secure global payments, announced they will collaborate to protect TangoPay’s global payments platform from......
GLN Enables Instant Cross-border Digital Remittances to All Domestic Bank Accounts in Korea
Fintech News

GLN Enables Instant Cross-border Digital Remittances to All Domestic Bank Accounts in Korea

PR Newswire
GLN International, a subsidiary of Hana Bank, (GLN) has recently announced the launch of cross-border remittance service; offering instant, secure, and inexpensive money transfers from abroad to all domestic bank accounts in Korea. The service is aimed to benefit Korean residents, international students, and other remittance customers residing overseas. In collaboration......
Flutterwave Rolls Out Send App, Innovative Remittances Solution in the United States and Canada
Digital Payments News

Flutterwave Rolls Out Send App, Innovative Remittances Solution in the United States and Canada

PR Newswire
Send App Now Empowers Diaspora Africans in U.S. and Canada to send funds to Africa quickly, efficiently Flutterwave, Africa’s leading payments technology company, announced the launch of its Send App in the United States and Canada. The Send App enables people in the African diaspora to make faster, easier, and more affordable money transfers to families, friends, and loved......
Shinhan Bank, SCB TechX Successfully Complete Second Stablecoin Remittances Pilot on the Hedera Network
Banking News

Shinhan Bank, SCB TechX Successfully Complete Second Stablecoin Remittances Pilot on the Hedera Network

PR Newswire
Shinhan Bank (the first modern bank in Korea), SCB TechX (Siam Commercial Bank’s technology innovation business unit), and the largest financial institution in Taiwan announced the successful completion of a stablecoin remittance proof-of-concept (PoC) pilot. The PoC was built on the highly-efficient and eco-friendly Hedera open-source public network. The pilot achieved real-time......
BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria
Banking Digital Payments News

BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria

GlobeNewswire
Customers Sending Money to Nigeria Can Now Choose Direct Deposit in Naira or in U.S. Dollars at Nigeria’s Leading Banks BOSS Money, the money remittance service of IDT Corporation announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria. Latest Fintech Interview:......
TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances
Digital Payments News

TerraPay (Mobex) Partners With Safaricom’s M-PESA to Facilitate Seamless Outbound Cross-Border Remittances

PR Newswire
TerraPay, a leading global payments infrastructure company announced its partnership with Safaricom, Kenya’s leading telecommunications, IT and financial services provider. Together, both companies will usher in the benefits of financial inclusion by facilitating instant borderless payments. The partnership, through TerraPay’s group company Mobex (Kenya), a licensed Money Remittance Provider, will enable more......
Rpay Secures a License from the US Office of Foreign Asset Control to Provide Stablecoin Payments and Remittances
Cryptocurrency Finance News

Rpay Secures a License from the US Office of Foreign Asset Control to Provide Stablecoin Payments and Remittances

Fintech News Desk
Rpay’s OFAC license issuance signals that building trust with U.S. regulators in the crypto industry is achievable when companies provide tangible value to ordinary people Rpay, a stablecoin wallet built by the team behind Reserve used throughout Latin America by regular people for savings, shopping, payroll, and remittances, announced it has successfully......
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