Source: en.wikipedia.org
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singtel’s Dash’s plans to introduce a remittance service to...
Top corporates and banks in India are reportedly testing out the use of cryptocurrency to pay vendors and move money between subsidiaries, said the The...
U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. According to...
In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Unnamed sources told Bloomberg that the company is at...
Whoa, mule. Pay.UK’s Faster Payments team said this week that it is deploying technology powered by Mastercard’s Vocalink, which uses machine learning and other advanced...
Coinone, a South Korean-based platform for cryptocurrency exchange, has released a blockchain-powered remittance app called Cross, according to a report. Cross uses Ripple’s blockchain network,...
The Western Union Company announced on Tuesday (Dec. 4) that it has completed the relocation of its global headquarters from Englewood to Denver, Colorado, saying...
The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other...
Amid stricter checks for money laundering, banks are moving away from the international money transfer practice known as correspondent banking. The shift could possibly cause...