Search Results for: cross-border payment

Fintech News

Remitly Doubles Mobile Wallet Offerings and Global Consumer Reach Amid COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced the expansion of its mobile wallet network, which now reaches more than 300 million mobile wallet holders across the world, more than doubling its reach from 160 million earlier this year. Since March, Remitly has added 11......
The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   
Fintech Fintech Funding Guest Posts InsurTech Investment Services

The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   

Nicky Cotter
by Nicky Cotter0
Seven months into a global pandemic, the harsh lessons learned are creating a sweet spot for FinTech companies and start-ups and an expected uptick in deals involving US tech giants. And while lagging 2019 levels, we’ve seen US-based deal activity rise 3% in 2020. On the M&A side we saw big acquisitions with FIS acquiring Worldpay for $35Bn and Fiserv acquiring First......
MoneyGram Deploys Leading Technology Solutions as Digital Transformation Progresses
Business Fintech Mobile Banking News

MoneyGram Expands Mobile Wallet Capabilities and Leading Position in Africa with New Strategic Partnerships

Fintech News Desk
by Fintech News Desk0
MoneyGram International, a global leader in cross-border P2P payments and money transfers, announced four mobile wallet and fintech partnerships that give the Company access to mobile wallets in 28 markets in Africa, creating the largest footprint in the industry. As mobile money adoption rapidly grows in Africa, these new partnerships with Airtel,......
Regulating Cryptocurrency – Global Lessons From South Africa
Cryptocurrency Fintech Guest Posts

Regulating Cryptocurrency – Global Lessons From South Africa

Angus Brown
by Angus Brown0
“Cryptocurrency is the perfect way to launder money”. This has been the view of many hackers, fraudsters and even regulators. The creation of a distributed network of servers allowing anonymous accounts and the instant transfer of value anywhere in the world was initially seen as an opportunity to launder illicit......
Western Union Recognized with Inclusion in 2021 Bloomberg Gender-Equality Index
Fintech News

Western Union Accredited as a New Lender Under the UK Coronavirus Business Interruption Loan Scheme (CBILS)

Fintech News Desk
by Fintech News Desk0
Western Union Business Solutions via Western Union International Bank will be able to provide financial support to small UK businesses impacted by the COVID-19 outbreak The Western Union Company, a leader in cross-border, cross-currency money movement and payments, has been accredited as a new lender under the Coronavirus Business Interruption......
Western Union Expands in South Korea with NH Investment & Securities
Banking Fintech News

Western Union Now Available at CARD Bank

Fintech News Desk
by Fintech News Desk0
Card Bank’s Microfinance Rural Bank Locations across the Philippines to Now Offer Western Union Money Transfer Services Western Union, a global leader in cross-border, cross-currency money movement and payments, and CARD Bank, a microfinance-oriented rural bank in the Philippines, have joined forces to offer domestic and international money transfer services, connecting......
Compliance.ai
Banking Business Fintech News

Western Union Provides Access to COVID-19 State Guaranteed Loans for Business Customers

Fintech News Desk
by Fintech News Desk0
Western Union broadens its range of services for business clients with Guaranteed loans for Italian SMEs The Western Union Company, a leader in cross-border, cross-currency money movement and payments, through Western Union International Bank GmbH (WUIB), a licensed credit institution in Austria, is expanding its international payments and risk management product......
TerraPay strengthens its entry in North America with FINTRAC Canada MSB License
Banking Investment Services News

Bank Alfalah and TerraPay to Launch Home Remittance Service to Pakistan

Fintech News Desk
by Fintech News Desk0
TerraPay, a global payments infrastructure company and Bank Alfalah have announced a partnership for offering remittance payment services in Pakistan. Through this partnership, overseas Pakistanis will be able to use TerraPay’s partners’ network to instantly deposit money to any bank account in Pakistan. With this service, Bank Alfalah is reinforcing its commitment to facilitating......
Fintech Funding News

EMQ Announces Close of $20M Series B Funding Round

Fintech News Desk
by Fintech News Desk0
EMQ, Asia’s leading financial settlement network, announced the close of a $20 million Series B funding round. The latest round of funding is led by WI Harper Group, with participation from new and existing investors including Abu Dhabi Capital, AppWorks, DG Ventures, Hard Yaka, Intudo Ventures, January Capital, Quest Venture......
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Western Union Expands in the Philippines with Cebuana Lhuillier

Fintech News Desk
by Fintech News Desk0
2,500+ Locations of the Philippines Largest Microfinancial Services Company, Cebuana Lhuillier, To Offer Western Union Money Transfer Services Western Union (NYSE:WU), a global leader in cross-border, cross-currency money movement and payments, and Cebuana Lhuillier, the largest and long-tenured microfinancial service provider in the Philippines, have come together to enable customers in the......
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