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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

In Myanmar, Shwe Rural & Urban Development Bank has partnered with Krung Thai Bank, which is state-owned, to debut a cross-border transfer money offering that is in turn tied to the Ethereum blockchain. The company has initially focused on catering underserved populations in Asia, but has also applied for a license in the United States.

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Fortumo Rolls Out Direct Carrier Billing In Sweden; MySQUAR Launches Remittance Service

PYMNTS

Welcome to The Axis, your late look at payments news from around the world. Myanmar -based MySQUAR has rolled out a cross-border remittance service in a soft launch for its mobile money platform, Proactive Investors reported. The service allows money to be exchanged between Myanmar and Singapore.

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Western Union Teams With TrueMoney To Enable Money Transfers To Philippines

PYMNTS

At Western Union, we are committed to doing everything we can to serve our customers and communities, here in the Philippines and across the world,” said Jeffrey Navarro, Western Union’s head of network, in a statement. “We The service will eventually be available at more than 5,000 locations in the Philippines. “At Group and Ant Financial.

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FinTechs Focus On Myanmar’s Unbanked Citizens

PYMNTS

After decades of oppression, the economy of Myanmar opened to foreign investment, and many companies are jumping at the chance to help establish tech advancement and FinTech services for the unbanked. Even so, Myanmar was ranked as the fourth fastest-growing mobile market in the world last year as well as the fastest-growing economy in 2016.

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Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment

PYMNTS

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 allow users to send money from Singapore to Myanmar.

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The largest payments company in the world that most people have never heard of

Chris Skinner

It is notable that Ascend may be based in Thailand, but also operates in Indonesia, The Philippines, Vietnam, Myanmar and Cambodia. This was followed with a partnership … The post The largest payments company in the world that most people have never heard of appeared first on Chris Skinner's blog.

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Flywire, JCB Team For Cross-Border Tuition Payments

PYMNTS

Flywire is a payment solution for international students and educational institutions around the world. Its platform offers one point of management as well as payer engagement from billing and payment through reconciliation.

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