The pandemic drastically changing the global socio-economic landscape and it’s important that businesses seek out newer solutions to keep their day-to-day operations going. One of the areas is payments. Here we’ll look at the current landscape of the remittance industry and how you can keep up by adjusting your cross-border payments strategy.
Money know-howOptimise Your Business Cash Flow With Instarem BizPayMany businesses will not be able to operate at their usual capacity for quite some time in the new "norm". Read more and see how Instarem BizPay can support.
PressNew fintech solution by InstaReM helps Singaporean SMEs improve cashflowBizPay, the new service by Instarem converts existing card limits into working capital for businesses; creates differentiated value for banks looking to increase usage of credit cards SINGAPORE, 17 June 2020 – Instarem, the consumer and SME brand under global fintech platform Nium announced today the launch of a new service that helps Singaporean SMEs maximise their cash flow. The service, termed BizPay, utilises credit limits in corporate cards and converts ...
PressGlobal Financial Technology Platform Nium Closes Latest Funding RoundNew investors include Visa and BRI Ventures SINGAPORE, 6 May 2020 – Global fintech platform Nium announced its latest fundraise today. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. The ...
PressGlobal fintech platform NIUM partners with Geoswift to enable overseas customers to remit funds into ChinaPartnership allows customers to credit money to the receiver’s UnionPay card account in real-time SINGAPORE, 21 April 2020 – Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company connecting China and the rest of the world, to enable overseas customers to remit money into China. The tie up allows NIUM’s customers ...
Expat lifeInsiderBanks Are Still The Most Expensive Way To Transfer Money AbroadWith the average global cost of sending remittances falling to 6.84% in Q2 of 2019 from 6.94% in Q1, the latest Remittance Prices Worldwide data presents an encouraging picture as the global average steadily inches towards the global average cost of 5%, committed by G20 countries. While the global average cost has remained below 8% since Q3 of 2014, the World ...
PressInstaReM rebrands to Nium, world’s first global enterprise payments platformLeading digital cross-border payments provider, InstaReM, is rebranding to become part of Nium, a world first global enterprise payments platform. Nium is the world’s first platform to enable businesses to send, spend and receive money around the world, whilst also empowering them to build their own products. The team behind InstaReM has been gearing up ...
InsiderCase Studies: How Instarem Helps Clients Send, Spend and ReceiveFind out how Instarem works with different industries and provide support as their payment solutions.
PressAirpay partners with InstaReM to power FX paymentsThe partnership with InstaReM makes international payments for Airpay customers hassle-free Mumbai/Singapore, 1 October 2019: Mumbai-based Airpay Payment Services, India’s only omni-channel payments platform, has announced a partnership with InstaReM, one of the world’s fastest-growing digital cross-border payments companies, to launch “FX Payment”, an international payments solution for its merchants. Airpay’s “FX payment” is an ...