Remittence technology firm WorldRemit is stepping into the cross-border B2B money transfer market with the launch of WorldRemit For Business, reports in Africa News said Wednesday (June 12). WorldRemit for Business enables small and medium-sized businesses (SMBs) to pay employees and contractors across 140 countries....
Sending funds overseas is big business in the United States. According to the World Bank, in 2016, roughly $138 billion in remittances were sent from the U.S. to receivers worldwide. On the strength of those numbers alone, Walmart’s interest in expanding its domestic P2P transfer service made perfect sense: It’s an enormous market –...
OANDA said Wednesday (May 16) that it had partnered with Western Union Business Solutions to offer cross-border money transfers, via OANDA Money Transfer. The multi-asset trading and FX solutions provider said that the new service allows customers to set up accounts and send money across...
August 15, 2023
Payoneer Singapore has been granted a payment license from the Monetary Authority of Singapore (MAS), the city-state’s principal financial regulator. With the MAS license, the subsidiary of Payoneer Global can now expand and offer a number of new services, including account issuance, cross-border money transfer, domestic money transfer, e-money issuance, and merchant acquisition. Additionally, businesses are now […]
May 18, 2017
OANDA said Wednesday (May 16) that it had partnered with Western Union Business Solutions to offer cross-border money transfers, via OANDA Money Transfer. The multi-asset trading and FX solutions provider...
