Search For "remittance"
UAE: Al Ansari signs agreement to acquire BFC Group Holdings WLL for USD 2
Updated : 1 year, 7 months ago IST
Al Ansari Financial Services (AAFS) has signed a Sales and Purchase Agreement (SPA) to purchase 100 percent of BFC Group Holdings W.L.L., (BFCGH), a prominent foreign exchange and remittance group incorporated in Bahrain, for a total acquisition purchase price of USD 200 million (AED735 mill
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India accounts for nearly half of the global digital payments: RBI report
Updated : 1 year, 7 months ago IST
India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday
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India's current account turns surplus in Q4 2024, from deficit in Q3 2024:
Updated : 1 year, 8 months ago IST
This is a significant shift from the USD 8.7 billion deficit (1.0 per cent of GDP) reported in the third quarter, and a notable improvement compared to the USD 1.3 billion deficit (0.2 per cent of GDP) in the fourth quarter of the previous fiscal year.
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Illegal foreign remittances case: ED arrests aide of international Hawala
Updated : 1 year, 8 months ago IST
The Enforcement Directorate (ED) has arrested a member of an international Hawala syndicate, active in Delhi, under charges of money laundering in an illegal foreign remittances case.
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India sets record with over USD 111 bn in remittances in 2022: UN report
Updated : 1 year, 10 months ago IST
The International Organisation for Migration (IOM) unveiled its World Migration Report 2024, highlighting India's exceptional feat among other notable trends in global migration.
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MoneyGram Announces New Partnership with Tencent Financial Technology to E
Updated : 1 year, 11 months ago IST
Singapore, April 3: MoneyGram International, Inc., ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced a new partnership with Tencent Financial Technology, the fintech division of Tencent. The partnership enable
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MoU signed with Greek bank to facilitate remittances to India using UPI
Updated : 2 years ago IST
This announcement comes a week after Greek Prime Minister Kyriakos Mitsotakis visited India, where he, among others, had a bilateral meeting with his Indian counterpart Narendra Modi.
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RBI, Nepal's Central Bank sign terms for UPI-NPI integration
Updated : 2 years ago IST
The integration is aimed at facilitating cross-border remittances between India and Nepal by enabling users of the two systems to make instant, low-cost fund transfers, the RBI said in a press release.
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Paytm to invest Rs 100 Crore in GIFT City; plans to offer AI-driven cross
Updated : 2 years, 2 months ago IST
With GIFT city as an ideal innovation hub for cross-border activity, Paytm will use its proven capability to innovate and build new tech for users across the globe looking to invest in India.
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EbixCash Payment Solutions Reports Exceptional Year-over-Year Revenue and
Updated : 2 years, 2 months ago IST
Noida (Uttar Pradesh) [India], January 9: EbixCash Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today provided a summary update about its p
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Scopely INC Nevada launches Scopely Pay an International Remittance Cross
Updated : 2 years, 2 months ago IST
New Delhi [India], January 4: In a digital age characterized by rapid technological advancements, Scopely INC has once again positioned itself as an industry trailblazer with the launch of its revolutionary Scopely Pay app. This innovative financial solution promises to transform the landsca
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ED searches premises in Gujarat, Assam on charges of suspicious outward re
Updated : 2 years, 2 months ago IST
The Enforcement Directorate (ED) has conducted search operations under the provisions of the Foreign Exchange Management Act (FEMA) of 1999 at the premises of Sharanam Jewels LLP, its promoter Avadh Harshad Yagnik and its associates, Vansh Marketing, a proprietorship concern of Ashik Patel a
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