Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with ...
Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder Benjamin Fernandes ...
International remittance services cater to a specific demographic with a need to send or receive money across borders. Integrating international remittance services into bank and financial institution ...
CORAL GABLES, Fla.--(BUSINESS WIRE)--Viamericas, a leading provider of remittance and international money transfer services, has partnered with Victoria Mutual Group, part of the 146-year-old VM Group ...
TORONTO--(BUSINESS WIRE)--Pesa, a Canadian cross border financial service provider, announced today its expansion into Europe. The Toronto based startup will now offer its free and convenient money ...
Mastercard Move to enable transfers to over 150 countries from the UAE. Here is what the new partnership means for users.
MIAMI, Dec. 04, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (IMXI) (“Intermex” or the “Company”), a leading, omnichannel money remittance services company, has announced its acquisition ...
Viamericas, a leading provider of remittance and international money transfer services, today announced the expansion of its global payout network to Vietnam through a new partnership with DongA Money ...
The Western Union Company WU recently announced the resumption of its remittance service from the United States to Cuba. Services were paused since Jan 28, shortly before a Cuban official declared a ...
UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with ...
The Consumer Financial Protection Bureau's first major rulemaking put in place new consumer protections for consumer remittances, including many consumer wire transfers sent through the correspondent ...
According to a McKinsey report, the total number of mobile money services worldwide was 282 in 2017, with more than half of those operating in sub-Saharan Africa. In 2020, these numbers increased ...
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