Yet again remittances are in the news, this time in the shape of LemFi, a cross-border payment solution that allows people in the diaspora to send and receive funds back home. LemFi has announced that it has secured the approval of the Central Bank of Kenya (CBK) to operate remittances in Kenya.
Ebury, a global fintech that offers cross-border payment solutions, is advancing in its expansion across Brazil with the launch of the Ebury Bank brand. It acquired the Bexs Group, which includes Bexs Banco (FX) and Bexs Pay (payments), and is now undergoing the last stages of the framework for the transition of controllers, following the procedures of the Brazilian Central
Global business payments firm Corpay opens back-office support centre in Chennai thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.