Post Tagged with: "remittances"

Pirates with Ties interview with David Thompson of Western Union

Pirates with Ties interview with David Thompson of Western Union

by May 29, 2016 at 1:00 am 3 comments

In the Pirates with Ties interview series, we are interviewing people who are leading digital transformation and innovation in major Financial Institutions. David Thompson is the Executive Vice President, Global Operations & Chief Information Officer at Western Union. In this interview we learn about WU Edge, their recently launched cross border payments platform for SME.Read More

Remitly CEO Matt Oppenheimer to Speak at Bank Innovation

Remitly CEO Matt Oppenheimer to Speak at Bank Innovation

by January 15, 2016 at 11:03 am 0 comments

Matt Oppenheimer, co-founder and CEO of Remitly, one of the most successful remittance startups in the U.S., has joined the Bank Innovation 2016 speaker faculty. Remitly is based in Seattle, where the conference will take place. “Successful” is actually a bit of an understatement when it comes to Remitly. In a competitive market that has seen several remittance ventures fail, Remitly has thrived, and is on pace to reach $1 billion in annual transferred funds.

Here’s a Peek at ING’s Fintech Focus

Here’s a Peek at ING’s Fintech Focus

by September 9, 2015 at 11:37 am 0 comments

Those Dutch know how to fintech. From Rabobank to Adyen to ABN Amro (or at least before it imploded with the credit crisis), the Netherlands has been a global spark for fintech evolution in recent years. Which is why ING Groep NV‘s fintech strategy deserves a look. Today, the DutchRead More

Is Xoom Worth $890 Million?

Is Xoom Worth $890 Million?

by July 2, 2015 at 11:51 am 2 comments

Did PayPay pay too much for Xoom yesterday? The purchase price of $890 million put a 25% premium on Xoom’s stock price, which has been on a torrid climb since April. That’s $890 million for a company that lost money last quarter. So why would PayPal give Xoom shareholders soRead More