Earlier this week it was announced that HomeSend—a joint venture of Mastercard, eServ Global, and BICS that works to ease cross-border or cross-network transfers—partnered with the Commercial Bank of Ethiopia to launch a new remittance program in the country. Remittance is estimated to be a $3.5 billion—with a B—market inRead More
Post Tagged with: "remittance"
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
P2P player Remitly is doing its best to help out those affected by the superstorm that hit the Philippines last week. The news coming out of the Philippines in the wake of the disaster is horrific. One of the strongest storms ever recorded, Typhoon Haiyan, known as Typhoon Yolanda in theRead More
KlickEx, the New Zealand-based startup that makes moving money between banks fast, cheap and easy, won the Top Startup award at Innotribe’s Startup Challenge in Dubai late last week. The prize was $50,000. The Top Innovator award, given to more established companies, went to Waratek, a cloud-computing provider that offersRead More