remittances

Remitly Scores $135M To Expand Globally
Remitly Scores $135M To Expand Globally
July 10, 2019  |  Investments

Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company...

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Visa, Western Union Team To Speed Global Payments
Visa, Western Union Team To Speed Global Payments
June 05, 2019  |  VISA

Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of...

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Western Union’s Playbook For Balancing Cash And Digital Payments
Western Union’s Playbook For Balancing Cash And Digital Payments
June 03, 2019  |  Payment Methods

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one...

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In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances
In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances
May 28, 2019  |  B2B Payments

FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments...

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In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
May 03, 2019  |  Smarter Payments

For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for the best. In...

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Faster Payments’ Impact On India’s 100M Migrant Workers
Faster Payments’ Impact On India’s 100M Migrant Workers
May 02, 2019  |  Smarter Payments

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in...

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Viva Air To Tap Into Mobile Payments; Bookme Closes Pre-Series A Funding Round
Viva Air To Tap Into Mobile Payments; Bookme Closes Pre-Series A Funding Round
April 22, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes CellPoint Mobile’s plans to enable mobile payments for Viva Air,...

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ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
ENOC Taps Into Mobile Payments, Samsung Pay Comes To Australian Commuters
April 10, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the U.A.E.’s ENOC’s launch of a mobile option for...

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Mexican Gov’t Eyes FinTechs For Cheaper X-Border Transactions
Mexican Gov’t Eyes FinTechs For Cheaper X-Border Transactions
February 15, 2019  |  Cross Border Commerce

The Mexican government is hoping FinTechs will make sending cash home for Mexican families living abroad more affordable. Deputy Finance Minister Arturo Herrera said the...

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