-
A Demographic Time Bomb: The Urgent Need to Prepare Undocumented Hispanic Immigrants for Retirement
The United States is home to some 11.3 million undocumented immigrants, mostly Latin American. These immigrants are aging, and whether they stay in the U.S. or return to their home countries, many are woefully underprepared for the financial burdens of retirement. The consequences of ignoring their retirement savings needs are significant – but so are the opportunities to reach them with financial products.
- Categories
- Investing
-
Western Union introduces US-Cuba money transfers
The Western Union Company pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.
- Categories
- Uncategorized
- Region
- Latin America
-
MTN & EcoCash launch sub-Saharan Africa’s first operator-to-operator cross-border remittance channel
EcoCash and MTN Zambia officially unveiled a remittance partnership that will enable MTN customers in Zimbabwe’s northern neighbor to send money into the country via the mobile platform MTN Money Wallet.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
TransferTo, Barri Partner to Provide Mobile Money Transfers in El Salvador
Barri Financial Group, a U.S.-based money transfer service provider, has signed a strategic partnership with TransferTo, a B2B mobile payment network, to enable real-time mobile money transfers to Tigo Money accounts in El Salvador.
- Categories
- Technology
- Region
- Latin America
- Tags
- fintech, remittances
-
India Emerging as Fastest-Growing Market for Fintech Software Products
Powered by innovation in payment processing, the fintech software products segment is expanding at a rapid pace in India, according to the National Association of Software and Services Companies (Nasscom), which represents country's IT industry.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, remittances
-
From Remittance to Startups, How Bitcoin Is Used in Africa
With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
-
Remitly Raises $38.5M to Expand Mobile Money Transfers Globally
Remitly, a Seattle startup that helps immigrants send money home, has raised a $38.5 million funding round and announced it will expand to Canada.
- Categories
- Investing, Technology
- Tags
- fintech, remittances
-
MasterCard Drives New P2P Solution in Bangladesh
In a quartet joining forces to bring mobile cross-border payments to 22 million Bangladeshis, MasterCard is linking up with Western Union, bKash and BRAC bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, remittances
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.