Cross Border Remittance news and trends

Ripple, Finablr To Launch Asia X-Border Remittances
Cross Border Commerce // December 13, 2018

UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. According to a report in Reuters, citing UAE Exchange’s group CEO Promoth Manghat, who is also executive director...

A Global Approach To Local B2B Payments Digitization
B2B Payments // October 10, 2017

Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. The 2017 report, released Monday (Oct. 9), found non-cash transactions are growing at a healthy...

Quick Reads
MTN Group CEO: Open to Selling Up to 30% of FinTech Business

August 15, 2023
African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita. “We are open to selling up to a maximum of 30% of the FinTech business. There might be three or maybe even four strategic partners within that,” stated Mupita told Bloomberg Tuesday […]

Ripple, Finablr To Launch Asia X-Border Remittances

December 13, 2018
UAE Exchange, the United Arab Emirates-based company, and Ripple, the blockchain technology company based in the U.S., are gearing up to launch cross-border remittances to Asia using blockchain technology. According to a...