Tag : money transfers

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
by PR Newswire0
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......
Paysend Raises $65 Million in Latest Funding Round, Including Strategic Investment from Mastercard
Fintech Investment Services News

Paysend Raises $65 Million in Latest Funding Round, Including Strategic Investment from Mastercard

PR Newswire
by PR Newswire0
Paysend, a global fintech leader in international money transfers, has successfully raised an impressive $65 million in its latest funding round. The investment round follows the partnership with Mastercard announced earlier this year, through which Paysend will enhance cross-border payments for SME’s via its Open Payments Network (OPN). In addition, Paysend......
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
by PR Newswire0
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......
TerraPay Receives In-Principle Approval for an MPI License from the Monetary Authority of Singapore
Digital Payments News

TerraPay Receives In-Principle Approval for an MPI License from the Monetary Authority of Singapore

PR Newswire
by PR Newswire0
TerraPay, a leading global payments infrastructure company, has secured an In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant step towards being a payments company with the most regulatory approvals. With this coveted approval from MAS, a key financial services regulator, TerraPay’s customers and......
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
by PR Newswire0
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......
TerraPay Expands in Morocco, Teams Up with Attijariwafa Bank for Cross-Border Payments
Digital Payments News

TerraPay Expands in Morocco, Teams Up with Attijariwafa Bank for Cross-Border Payments

PR Newswire
by PR Newswire0
In pursuit of the commitment to foster financial empowerment, financial independence and inclusivity across the world, TerraPay, a leading global payments infrastructure company, announced its partnership with Attijariwafa bank, Morocco’s largest banking group by market capitalization, to facilitate real-time and seamless global money transfers directly to the bank accounts in Morocco. This partnership will......
Higlobe Completes SOC 2 Type 2 Examination
Fintech Startups News

Higlobe Completes SOC 2 Type 2 Examination

PR Newswire
by PR Newswire0
Higlobe is the only private SOC 2-compliant payment platform delivering global money transfers with zero transaction fees Higlobe, Inc., a US-based fintech start-up focused on providing no transaction fee money transfers to global workers, announces its completion of a SOC 2 Type 2 examination for its Higlobe web application. The......
Strike Brings Lightning-Fast Money Transfers from the U.S. to Vietnam
Digital Payments News

Strike Brings Lightning-Fast Money Transfers from the U.S. to Vietnam

Business Wire
by Business Wire0
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the launch of fast, secure, and low-cost money transfers from the U.S. to Vietnam, further expanding its revolutionary cross-border payment service. “We believe that everyone should have access to fast, easy, and low-cost payment services” Strike has......
Brite Payments Extends Nordic Coverage with Launch of Instant Payments and Instant Payouts
B2B Business Digital Payments News

Brite Payments Covers New Central And Eastern European Markets

Fintech Staff Writer
by Fintech Staff Writer0
Brite Payments, a leader in quick bank payments and one of Sweden’s fastest-growing fintech companies, has announced increased service across Central and Eastern Europe. Brite now provides its payouts solution in Croatia, Romania, and Hungary. Brite established its immediate account-to-account (A2A) payments product on the European open banking infrastructure. With......
Study: 76% of UAE’s Consumers Expect to Send More Money Internationally in the Coming Year
Finance News

Study: 76% of UAE’s Consumers Expect to Send More Money Internationally in the Coming Year

Fintech News Desk
by Fintech News Desk0
New Western Union research maps consumer sentiment in the United Arab Emirates about current and future money movement capabilities and needs Citizens and residents of the United Arab Emirates (the UAE) expect to transfer more money internationally in the next 12 months, according to a study commissioned by Western Union.......
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