Tagged: money movement

July 18, 2023 @ 11:22 am By Omar Faridi  |  

Thunes, the global B2B payment infrastructure platform, today announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, “supporting… Read More

June 22, 2023 @ 10:36 pm By Omar Faridi  |  

Jordan Ahli Bank announces the launch of Qawn, Jordan’s “first-of-its-kind” social payment app, revolutionizing the way users send and receive money through built-in chat capabilities. Now available for download “on Android and iPhone devices, Qawn caters to both individual users and merchants, offering a wide… Read More

March 5, 2023 @ 5:51 pm By Omar Faridi  |  

Brightwell, a payments technology company building financial products to send money securely anywhere in the world, announced its partnership with Fintech solution and payments program manager Dash Solutions, formerly known as Prepaid Technologies. As a pioneer of the prepaid industry, Dash Solutions joins other Fintechs… Read More

February 27, 2023 @ 10:19 pm By Omar Faridi  |  

Astra, the automation platform for money movement, announced the success of its Instant Payment solution leveraging the Visa Direct network. Through a strategic partnership with Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, Astra provides first-of-its-kind infrastructure “that enables fintech developers… Read More

November 10, 2022 @ 8:19 pm By Omar Faridi  |  

Cash, check or charge? How “quaint.” The way we move money — and what we consider money — has “changed dramatically over the last decade,” according to an update from Mastercard (NYSE: MA). The use of cash is “declining, and personal checks are largely on… Read More

September 17, 2022 @ 3:03 pm By Omar Faridi  |  

Modern Treasury, a software platform that helps companies modernize money movement, and Goldman Sachs Transaction Banking (TxB) announced a partnership “to accelerate the shift to embedded payments, helping joint customers seamlessly embed and scale domestic and international payments into their products to drive growth.” Modern… Read More

August 10, 2022 @ 7:47 pm By Omar Faridi  |  

Western Union (NYSE: WU) recently announced an update to its existing partnership with Visa (NYSE: V), expanding its integration with Visa Direct, Visa’s real-time1 money movement network, “into Western Union’s United States network.” Western Union’s integration with Visa Direct was “initially activated across Europe, allowing Western… Read More

June 21, 2022 @ 1:28 am By Omar Faridi  |  

MoneyGram International, Inc. (NASDAQ: MGI), which claims to be global leader in the evolution of digital P2P payments, recently released the findings of a new customer survey detailing trends around “how families in the United States are transferring money around the world this year.” These… Read More

June 18, 2022 @ 12:07 pm By Omar Faridi  |  

Money movement platform Payveris, a division of Paymentus, has launched Loan Payments®, a loan and debt repayment service “with the widest array of real-time payment methods and channels available on the market.” Loan Payments is designed “to help financial institutions meet rising consumer demand for… Read More

March 26, 2022 @ 8:28 pm By Omar Faridi  |  

Nium, the modern platform for international money movement, recently announced the appointment of Dylan Lowrey, to General Counsel. Lowrey joined Nium last year as Head of Regulatory Affairs and Product Law and has “helped the company launch new services in complex emerging markets, while expanding… Read More

March 17, 2022 @ 7:59 am By Omar Faridi  |  

Nium, an international firm focused on modern money movement, has introduced a new brokerage payments solution that provides financial institutions a quicker and more cost-effective method of “settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities.” When compared to transactions… Read More