remittances

Stablecoins’ Offer ‘Always-On’ Payments to Consumers Whose Needs Don’t Fit Within Banker’s Hours
Stablecoins’ Offer ‘Always-On’ Payments to Consumers Whose Needs Don’t Fit Within Banker’s Hours
November 05, 2021  |  Payment Methods

Stablecoins have been grabbing headlines amid increased scrutiny from the Treasury Department and calls on Congress for stricter regulation — with no shortage of other...

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EasyTransfer, Tencent Offer Chinese Students Platform for Overseas Tuition Payment
EasyTransfer, Tencent Offer Chinese Students Platform for Overseas Tuition Payment
November 02, 2021  |  Cross-border Payments

China’s more than 700,000 students studying abroad each year can make overseas tuition payments within three minutes as part of a collaborative effort between EasyTransfer and Tencent...

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Velo Labs, Inception Collaborate on Cross-Border Payments
Velo Labs, Inception Collaborate on Cross-Border Payments
October 27, 2021  |  Global Payments

The cross-border settlement FinTech Velo Labs has launched a partnership with Inception, a Thai firm specializing in cross-border remittances in Southeast Asia.  The two companies...

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Blockchain Platform Partior Begins Supporting Cross-Border Payments 
Blockchain Platform Partior Begins Supporting Cross-Border Payments 
October 27, 2021  |  Global Payments

Partior, the blockchain-based clearing/settlement platform backed by JPMorgan and the government of Singapore, has begun supporting cross-border payments.  According to Forkast, Partior carried out end-to-end...

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New Study: Crypto Emerging as a Favored Form for Cross-Border Remittances
New Study: Crypto Emerging as a Favored Form for Cross-Border Remittances
October 26, 2021  |  Cryptocurrency

PYMNTS research finds that nearly 60% of consumers making cross-border remittances in the past year increased such payments under the pandemic, and, with U.S. consumers...

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Thunes Leans on Xoom for Broader Worldwide Reach 
Thunes Leans on Xoom for Broader Worldwide Reach 
October 25, 2021  |  Cross-border Payments

Global cross-border payments network Thunes on Monday (Oct. 25) said it’s teaming up with PayPal digital remittance service Xoom to allow customers in the U.S....

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Crypto Owners Are 4 Times More Likely to Use Digital Dollar Alternatives for Remittances
Crypto Owners Are 4 Times More Likely to Use Digital Dollar Alternatives for Remittances
October 25, 2021  |  Cryptocurrency

In much the same way that the shift from in-person retail to digital shopping has changed retail over the past decade, the expanded possibilities surrounding cross-border remittances are set to follow a similar...

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Mastercard, Previse Partner on Cross-Border Payment Services  
Mastercard, Previse Partner on Cross-Border Payment Services  
October 18, 2021  |  Cross-border Payments

Mastercard and British artificial intelligence-powered payments FinTech company Previse have joined forces on the integration of Mastercard Cross-Border Services, according to a Monday (Oct. 18) press release....

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BNY Mellon, Microsoft Azure Boost Cloud-Based Wire Payments
BNY Mellon, Microsoft Azure Boost Cloud-Based Wire Payments
October 12, 2021  |  Partnerships / Acquisitions

BNY Mellon is moving its wire payments infrastructure to Microsoft Azure and is also developing a treasury cash management relationship with Microsoft Treasury built on...

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