Remittance

26 Apr 16 @ 10:42

Blockchain could have widespread potential to disrupt financial intermediaries. This in-depth Morgan Stanley study suggests several misconceptions and identifies 10 hurdles to overcome to make blockchain a reality in banking. The opportunity is clear but... read more

25 Apr 16 @ 13:36

By 25th April 2016, goods and services worth more than €1 billion will have been paid for with MyBank SEPA Credit Transfer (SCT) since its launch. Amounts paid with MyBank... read more

18 Apr 16 @ 16:30

Switzerland is set to launch a new interbank payment system, using the ISO 20022 payments architecture and messaging standard to provide new services to bank and corporate users. After 30 years... read more

11 Apr 16 @ 13:11

Saxo Payments launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for... read more

18 Mar 16 @ 10:07

Chase Bank Kenya, an innovative and fast-growing bank with an ambitious strategy across Africa, has successfully migrated its full card portfolio to the OpenWay WAY4 payment software platform from Electra... read more

17 Mar 16 @ 11:57

Vodacom South Africa reportedly considering various options for its sluggish mobile money transfer service M-Pesa. In 2010, Vodacom launched M-Pesa in South Africa and the company set a target of... read more

09 Mar 16 @ 09:17

Two of the US’s biggest banks, US Bank and Bank of America are to offer real-time, mobile P2P money transfers to consumer mobile phones over the clearXchange network. ClearXchange, operated by... read more

29 Feb 16 @ 12:02

The GSMA has announced that the number of active mobile money accounts worldwide now exceeded 130 million, with more than 100 million new registered users added in 2015. According to the... read more

25 Feb 16 @ 11:52

PCM interviews Stephen Doyle, CEO of Homesend to discuss what going on in the remittance market.

22 Feb 16 @ 14:08

Globe Telecom is upgrading its GCash service to address new requirements, including bulk payment services for salaries and government disbursements. “GCash has come a long way in solving financial inclusion... read more

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

17 Feb 16 @ 16:02

TransferTo has partnered under a framework agreement with Vodafone Group to enable real-time international money transfers to M-Pesa Mobile Money accounts worldwide. Powered by TransferTo’s cross-border Mobile Money network, the... read more