CBW Bank, the innovative bank in Weir, Kan., known for its partnerships with fintech pathfinders such as Moven and Ripple Labs, will expand its global remittance service within the next 18 months. The announcement that the service would be expanded came from the bank’s CEO, Suresh Ramamurthi, at Bank Innovation 2015 in SeattleRead More
Post Tagged with: "money movement"
KlickEx is headed to one of the world’s largest markets. The currency exchange service KlickEx, which won SWIFT’s Innotribe Startup Challenge in Sept. 2013, has increased its market penetration in the South Pacific, and is looking to enter a number of major new markets in 2015, said UK-based CEO RobertRead More
Ripple Labs has been making waves in the money movement sector, lately, and the company has ambitions that extend even beyond the world of currency. Last month it announced three new bank partners and now a London -based startup called Ripula has built a gateway to Ripple’s platform, the first in the U.K..
The U.S. economy remains sluggish, and the cost of funds is set to rise. What can help? Perhaps faster payments, suggests Gene Neyer, senior vice president of global payments with Fundtech.