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By Jeff Matheson, Managing Director, HiFX North America Each year, an estimated 6 million households in the U.S. send billions of dollars to family, friends, and others abroad. Some are supporting children studying in another country, some are planning destination weddings or long-term vacations, and others are buying property --...

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Flywire Continues Rapid Expansion with Acquisition of ScholarFX

Cross-border payments leader increases focus in Canada, one of the fastest-growing international education markets Boston, MA and Toronto, ON, Canada – [Press Release] – Flywire (formerly peerTransfer), a leading provider of cross-border payment solutions, today announced the acquisition of Toronto-based ScholarFX, a respected processor of tuition, room and board payments...

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Paying Rent on RadPad Just Became More Convenient

Renters Enjoy Secure, Easy Payment with MasterCard-branded Cards, MasterPass or Mobile Phones RadPad, a mobile rental marketplace, announced that MasterCard cardholders can now enjoy the convenience of paying rent with their MasterCard-branded credit or debit cards, MasterPass digital wallet or via iPhone and Android apps. Using Pay with RadPad, renters...

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Bank of America Q4 2015 Earnings: Focus on Hiring Sales Specialists, Branches Slashed, Mobile Banking Continues to Rise

Bank of America Corp. (NYSE: BAC) reported its Q4 2015 and full-year 2015 results before markets opened on Tuesday, January 19, 2016. The bank’s fourth-quarter profit rose 9%, primarily driven by its growth in consumer bank and trading revenue. The earnings call presented diluted earnings per share (EPS) for the...

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WorldRemit Expands Instant Money Transfers in Nigeria

FinTech leader WorldRemit now offers cash pickup service in Nigeria Denver, CO, [Press Release]:  WorldRemit, the global money transfer app, today introduces instant transfers to Nigeria. In addition to its same-day bank transfer service, WorldRemit now allows people to send money to more than 140 cash pickup locations in Nigeria,...

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