remittances

Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets; Hello Inc. Files For US IPO
Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets;...
March 10, 2021  |  International

In today’s top payments news around the world, the European Commission (EC) has provided the approval for Nexi’s purchase of Nets, while Hello Inc. has...

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Nigeria Offers Cash Rewards For Digital Remittances
Nigeria Offers Cash Rewards For Digital Remittances
March 10, 2021  |  Digital Payments

Nigeria wants its citizens to get in on the digital shift. Specifically, the digital remittance shift. Digital payments have seen an uptick in the country...

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Western Union Boosts Business FX Payments
Western Union Boosts Business FX Payments
February 25, 2021  |  Cross-border Payments

Western Union Business Solutions, the payments arm of Western Union, is looking at expanding its cross-border payment services for business customers, a press release says....

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Today In Payments: J.P. Morgan Plans Rollout Of UK Digital Retail Bank; Apple Earnings Blowout Rides Connected Economy
Today In Payments: J.P. Morgan Plans Rollout Of UK Digital Retail Bank; Apple Earnings Blowout...
January 28, 2021  |  News

In today’s top news, J.P. Morgan is launching a retail bank in the U.K., and Apple hit its first $100 billion-plus quarter. Plus, Vistaprint has...

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Western Union: Emerging Market GDP, Innovation Depend On Remittances
Western Union: Emerging Market GDP, Innovation Depend On Remittances
January 28, 2021  |  Cross-border Payments

In the payments industry, they’re known as remittances. But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing...

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Stilt Raises $100 Million To Fuel Immigrant Loans
Stilt Raises $100 Million To Fuel Immigrant Loans
January 27, 2021  |  Investments

Stilt, which works in financial services for immigrants, has raised a $100 million warehouse facility from Silicon Valley Bank, according to a press release. The...

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Mexican Remittances Set Surprising US Record
Mexican Remittances Set Surprising US Record
January 10, 2021  |  Global Payments

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. economy took...

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PayPal’s Xoom Adds Real-Time Payments For Remittances To India
PayPal’s Xoom Adds Real-Time Payments For Remittances To India
December 21, 2020  |  Global Payments

PayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press...

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Co-operative Bank Of Kenya Teams With Thunes On SMB Transfers
Co-operative Bank Of Kenya Teams With Thunes On SMB Transfers
December 17, 2020  |  B2B Payments

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes, according to...

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