remittances

EnKash Launches Small Business Financial Operations Platform
EnKash Launches Small Business Financial Operations Platform
July 17, 2023  |  Commercial Payments

EnKash has launched a 360-degree full-stack payable, receivable and reconciliation platform designed for small and medium-sized businesses (SMBs). The new Olympus platform is a plug-and-play...

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How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
July 06, 2023  |  Digital Payments

In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a...

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India’s Abound Raises $10 Million to Expand Remittance App
India’s Abound Raises $10 Million to Expand Remittance App
July 03, 2023  |  Payment Methods

Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. The app — owned by the...

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EU Proposes PSD2 Revamp for ‘Digital Age’
EU Proposes PSD2 Revamp for ‘Digital Age’
June 28, 2023  |  Regulation

In Europe, the Payments Services Directive is getting a makeover. To that end, as announced on Wednesday (June 28), the European Commission has proposed a...

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Fundacíon Dondé Rolls out Western Union Remittance Services Across Mexico
Fundacíon Dondé Rolls out Western Union Remittance Services Across Mexico
June 28, 2023  |  Global Payments

Fundacíon Dondé has rolled out Western Union remittance services at 332 branch offices across Mexico. The nonprofit private assistance institution’s partnership with Western Union now...

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Report: Zepz Seeks M&A Targets After 26% Layoffs
Report: Zepz Seeks M&A Targets After 26% Layoffs
June 15, 2023  |  Partnerships / Acquisitions

Money transfer FinTech Zepz is reportedly looking to add to its business portfolio. The company, which owns remittances firms WorldRemit and Sendwave, is looking for...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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How a 190-Year-Old UK Bank Is Reimagining Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023  |  Cross-border Payments

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And...

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Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce
Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce
May 10, 2023  |  SMBs

Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true...

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