Santander’s PagoFX rolls out business offering and adds more currencies
Eight currencies from the Middle East and Central and Eastern Europe (CEE) have been added.
Remittances
FX fintech Wallex lands Series A led by Ant Financial-backed VC
The value of the round has not been disclosed.
MoneyGram signs remittance partnership with Al Rajhi Bank
The remittance firm will support Al Rajhi in Saudi Arabia both digitally and in-branch.
Western Union reportedly makes acquisition bid for MoneyGram
Two of America’s largest money transfer and remittance services could be joining forces.
Locked out of Europe: fintechs holding the key to financial inclusion of refugees
Fintechs could, in principle, fill the void left by the large incumbents.
Streamlining remittance, empowering migrant workers & driving inclusion worldwide
The ability to send money home is critical, but not always easy for migrant workers.
MoneyGram and Federal Bank tie up remittance partnership
The partners will offer direct-to-account crediting.
Singapore payments fintech Nium lands investment from Visa
The round is thought to be worth between $75-$100 million.
KPMG’s Wirecard audit fails to verify payments processing profits
Six-month investigation into the German firm encounters stumbling blocks.
Webinar: Swift gpi is a chance for payments modernisation
Opportunities beyond meeting the minimum exist for banks embracing gpi.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
DeeMoney offers blockchain cross-border payments with RippleNet
The fintech becomes Thailand’s first non-bank institution to use the solution.
WorldRemit teams up with Paykii
It will launch international bill payments through its own app/website using Paykii’s tech.
TransferWise teams with Alipay in latest Asian expansion
TransferWise customers just need the recipient’s name and Alipay ID.
Santander’s PagoFX to launch in Spring and rival TransferWise
The venture now has a 50-person London-based team.
How Ripple and Azimo are using XRP for remittances in the Philippines
Azimo and Ripple speak to FinTech Futures about their new partnership.
WorldRemit partners with Varo Money
The partnership will enable direct access in the Varo app to the WorldRemit service.
Majority launches digital banking products for immigrants
It’s relying on two drivers: physical meetup spaces and brand ambassadors.
Travelex puts money transfer systems online after cyberattack
A majority of the firm’s services remain down.
Kenya’s Standard Investment Bank plans $100m FX-focused fund
Mansa X as the fund is known, returned an average 24% and closed at $3 million.
Alipay partner Tranglo integrates Ripple’s cross-border payments
Tranglo partnered with bigtech Alipay earlier this month.
WorldRemit ties up cross-border remittance partnership with Alipay
London-based firm gives users green light to sent money to Alipay wallets.
TransferGo partners with Currencycloud to reach Kenya, Singapore and Japan
It will facilitate cross-border payments & enable them to launch in 14 new markets over Q1.
Travelex ordered to pay $3m ransom by cybercriminals
The ailing FX firm is wrestling with a New Year’s ransomware attack.
UK remittance fintech Paysend secures Canadian MSB licence
The paytech says its card-to-card service is now used by more than 1.2 million customers.
Nium powers cross-border payments for Cambodia’s PhillipBank
Cambodian institutions are increasingly engaging with their global counterparts.
Sokin CEO: We’ll turn remittances on its head
Sokin’s CEO believes disruption hasn’t hit remittances yet.
Vietnam’s TPBank seals deal with blockchain paytech RippleNet
RippleNet claims its first bank client in Vietnam.
Singapore remittance start-up InstaReM rebrands to Nium
Nium CEO envisions a world where everyone’s money is free for them to use.
Western Union expands into Asia with Kyodia and Hanpass partnership
The collaborations are live with payout functionality.
Making payment easy across Africa and beyond
Thabo Makoko, explores how the continent can improve its payments infrastructure.
Banking Technology October 2019 issue out now
Lessons from Africa.
Five lessons global banks can learn from African fintechs
Mobile payments have been positioned as a ground-breaking idea but Africans have been doing that for a while.
Challenger banks in India: who’s who and what’s their tech
A comprehensive list of Indian challenger banks and banking services, and the tech they are using.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
New exchange fintech Currensea goes live in the UK
The card allows users to save on foreign spending.
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
