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Cross River Bank signs Remitly to new international push-to-card service for remittances

Payments Source

Cross River Bank, a banking-as-a-service provider to fintechs, has signed Remitly to leverage its new push-to-card international payment service for near real-time remittances.

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Grab to Discontinue GrabPay Card in June, Citing User Preference for PayLater, Wallet

Fintech News

Southeast Asian ride-hailing superapp Grab has declared that its GrabPay Card service will be phased out, effective 1 June 2024. The decision affects both digital and physical versions of the card. Starting from 1 April 2024, Grab will cease accepting new applications for the GrabPay Card.

Disputes 117
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UMB Financial Teams Up With Fraedom And Yandex.Checkout Launches Charity Option

PYMNTS

is teaming up with UMB Financial Corporation to allow UMB to create a suite of card services such as expense and card management, as well as a mobile app. At the beginning of the partnership, the two firms will move the existing UMB’s commercial card customers from two legacy systems onto Fraedom’s platform.

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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

Zed (Philippines) Zed card, Source: Zed Zed is a forthcoming credit card service in the Philippines that plans to offer a unique, fee-free approach to credit aimed primarily at young professionals, particularly those new to credit or without an extensive credit history. million downloads.

FinTech 117
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Caxton taps blockchain technology for payment processes

The Paypers

(The Paypers) Caxton , a UK-based provider of foreign exchange, international payments and prepaid card services, has launched improving payments processes using blockchain.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

was established on March 31, 1987 and based in Shenzhen, China, specialising in delivering corporate and personal banking services. It concentrates on individual and corporate clients, credit card services, and small and medium enterprises. CHINA #1 China Merchants Bank China Merchants Bank Co.,

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Senders As Issuers: A New Space For Cards In Global P2P

PYMNTS

After a long, intensive crash course in payments, international money transfers, SWIFT , AML/KYC and a host of other financial service areas, it was clear to Nanu that the international payments market was in dire need of newer, better ideas.

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