Friday, May 20, 2011

This Week's International ePayments News

IDT develops international remittance clearing house

IDT develops international remittance clearing house

Retail and wholesale communications provider IDT Corporation has established an international remittance clearing house (RCH) for mobile network operators.Free
Bottomline receives SWIFT approval

Bottomline receives SWIFT approval

Invoice and document automation solutions provider Bottomline Technologies has been approved by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) to send and receive e-invoices as a service provider within its network.Free
AirPlus and ING team up on corporate travel platform

AirPlus and ING team up on corporate travel platform

Corporate travel payment solutions provider AirPlus International has partnered with Dutch bank ING to provide companies in the Netherlands with a complete corporate payment platform, including integrated travel management solutions.Free
ABS integrates Travelex payments solution

ABS integrates Travelex payments solution

Accounting and HR software provider Advanced Business Solutions (ABS) has struck a deal with Travelex Global Business Payments to integrate of Travelex’s GlobalPay solution into ABS’ financial management systems.Free
Bill.com upgrades features and expands cloud capability

Bill.com upgrades features and expands cloud capability

Integrated bill payment, online invoicing and cash management service provider Bill.com has added document management and accounts receivable features to its suite of services.Free
Western Union repeats African aid project

Western Union repeats African aid project

Western Union and the United States Agency for International Development (USAID) have announced the planned launch a second African Diaspora Marketplace (ADM) in the fourth quarter of 2011.Free
MoneyGram re-opens Ivory Coast services

MoneyGram re-opens Ivory Coast services

MoneyGram International reopened in the Cote d’Ivoire after being closed since March 1 due to political unrest.Free
Western Union launches mobile app

Western Union launches mobile app

Consumers in the US will soon be able to send money transfers directly from a mobile phone thanks to the newly launched Western Union iPhone app.Free
Tradeshift receives $7m investment

Tradeshift receives $7m investment

Internet venture capital firm Norton Capital has invested $7m in e-invoicing technology provider Tradeshift in a valuation believed to be in the range of $80m to $100m.Free
Basware doubles its network participants

Basware doubles its network participants

Purchase-to-pay solutions provider Basware has seen the number of active suppliers and buyers in its Open Network double in the last year.Free

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