Remittance

14 May 18 @ 16:31

In the online payments sphere, a handful of companies have attempted to create new protocols to overcome the challenges of scalability and ease of use in blockchain technologies. Nevertheless, they... read more

10 May 18 @ 15:48

Ripple has announced aggregated and averaged results from several early xRapid pilots. xRapid is Ripple’s on-demand liquidity solution which uses the digital asset XRP for more efficient cross-border transactions between... read more

08 May 18 @ 17:21

At the last “Build 2018”, Microsoft announced that it will add its mobile payment and digital wallet service, Microsoft Pay, to Microsoft Outlook. The new Microsoft Pay integration will allow users to... read more

08 May 18 @ 09:33

International efforts to combat money laundering – which latterly have been closely connected with frustrating tax evasion and aggressive tax avoidance – and to staunch the supply of money to... read more

04 May 18 @ 09:00

In a week that saw the Australian banking industry under scrutiny, Danske Bank has also been extensively criticised and reprimanded by Danish regulators over weak or non-existent money-laundering controls that... read more

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

26 Apr 18 @ 09:38

A 27-member Governance Framework Formation Team (GFFT) has spent eight months working on a draft governance framework for a new US Faster Payments Council (FPC). The draft for the new... read more

18 Apr 18 @ 11:46

TransferWise has become the first non-bank company to gain direct access to the UK’s Faster Payments Scheme, which TW says will help it compete with banks on sending money overseas.... read more

18 Apr 18 @ 11:38

Almost half (45%) of corporates see a bank’s B2B payables and cross-border payments offering as being a very or extremely important factor in the bank selection process. In its 2017... read more

13 Apr 18 @ 10:17

Banco Santander has launched new international money transfer service using blockchain-based technology from Ripple. The service is available to retail customers in Spain, UK, Brazil and Poland, and will be... read more

11 Apr 18 @ 07:27

The ACH Network processed 21.5 billion transactions valued at more than $46.8 trillion in 2017, representing increases of 5.7%and 6.9%, respectively, over 2016, according to new data released by NACHA—The... read more

03 Apr 18 @ 18:05

Walmart like Amazon is moving itself further into traditional financial services provider territory, by expanding its money transfer operation to 200 countries Through the new money transfer operation, people will... read more