Mobile Remittance

Showing Latest Mobile Remittance

PayPal wins in China…loses out in Indian payments market

08 Feb 21 @ 16:10

PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more

Cross-border real-time payment tracker for both payers and payees

22 Jan 21 @ 12:50

iBanFirst has launched a ‘Payment Tracker’ – a real-time payment-tracking service that sets new transparency standards for the payments industry. Rolled out to both payers and payees, this unique feature... read more

Banking Circle supports merchants ahead of the big Christmas sales push

02 Dec 20 @ 11:10

Following the launch of USD collections for Amazon in the US, Canada and Mexico earlier this year, financial infrastructure provider Banking Circle is now providing USD collections for sellers across... read more

Novalnet partners with Banking Circle

01 Dec 20 @ 12:36

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more

Incumbent fights back: HSBC launch Global Money Account a free money transfer app

06 Nov 20 @ 10:28

Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... read more

COVID-19: Global remittance flows shrink 14% by 2021

05 Nov 20 @ 17:33

As the COVID-19 pandemic and economic crisis continues to spread, the remittance that migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels... read more

Payments report: Regional payments revenue growth estimates Asia, LatAm and MEA

04 Nov 20 @ 14:05

Following on from yesterdays post looking at payments revenue growth estimates in Europe and North America, PCM now reviews BCG’s Global Payments 2020 impact of COVID-19, modelling three scenarios for... read more

Profiling “Lifestyle Super Apps” and mobile payments in China

04 Nov 20 @ 12:39

Two major technology firms have further consolidated their position in China’s mobile payments market as the ongoing pandemic accelerates the consumer shift toward digital platforms. Ant Group, who’s plans to... read more

ACH Network volume increases 9% in Q3 as payments volume rebounds

02 Nov 20 @ 19:52

The ACH Network had exceptionally strong growth in Q3 2020, with a resurgence of commercial volume even as some government assistance payments have largely concluded. Volume on the ACH Network... read more

Mobile wallet transactions in India to exceed $1.36 trillion by 2024

22 Oct 20 @ 11:29

Mobile wallet adoption is hotting up and gradually displacing traditional payments forms such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis... read more

Rethinking how to serve SMEs: What do new banking models look like?

22 Oct 20 @ 09:00

A recent webinar hosted by Banking Circle looked at how micro, small and medium-sized enterprises (SMEs) are currently being served when it comes to financial services, and the future of... read more

FSB: Roadmap for enhancing cross-border payments

20 Oct 20 @ 12:28

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more