Remittance

Remitly to Present at the J.P. Morgan Global Technology, Media and Communications Conference

Retrieved on: 
Friday, May 20, 2022

Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the J.P. Morgan Global Technology, Media and Communications Conference.

Key Points: 
  • Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the J.P. Morgan Global Technology, Media and Communications Conference.
  • The presentation will be webcast live from Remitlys investor relations website at https://ir.remitly.com/ .
  • Remitly is a leading digital financial services provider for immigrants and their families in over 160 countries around the world.
  • Founded in 2011, Remitly is headquartered in Seattle and has seven global offices, including London, Cork, Singapore, Manila and Managua.

Remitly to Present at the Barclays 2022 Emerging Payments & Fintech Forum

Retrieved on: 
Friday, May 13, 2022

Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the Barclays 2022 Emerging Payments & Fintech Forum.

Key Points: 
  • Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the Barclays 2022 Emerging Payments & Fintech Forum.
  • The presentation will be webcast live from Remitlys investor relations website at https://ir.remitly.com/ .
  • Remitly is a leading digital financial services provider for immigrants and their families in over 160 countries around the world.
  • Founded in 2011, Remitly is headquartered in Seattle and has seven global offices, including London, Cork, Singapore, Manila and Managua.

Tignis, a Technology Innovator in AI Process Control Solutions for Semiconductor Manufacturing, Announces $7.2 Million in Series A Funding to Expand Sales Team, Take Company to the Next Level of Growth

Retrieved on: 
Thursday, May 12, 2022

Tignis, the only company hyper-focused on AI process control for semiconductor manufacturing, will use the funds to expand its sales team and execute on current contracts.

Key Points: 
  • Tignis, the only company hyper-focused on AI process control for semiconductor manufacturing, will use the funds to expand its sales team and execute on current contracts.
  • Tignis AI process control technology is both deployed directly on semiconductor fabrication equipment from OEMs and layered on top of existing manufacturing processes.
  • Tignis technologies are in use by multiple top-five global semiconductor equipment companies, with signed contracts in place to provide AI process control technology for next generation semiconductor manufacturing tools.
  • According to the company, todays announcement represents an important step in realizing its vision of advancing the semiconductor manufacturing industry through AI process control.

Singapore Payment Firm Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

Retrieved on: 
Tuesday, April 19, 2022

SINGAPORE, April 18, 2022 /PRNewswire/ -- Thunes , a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd ('Tookitaki') by making an investment ofover $20 million.

Key Points: 
  • SINGAPORE, April 18, 2022 /PRNewswire/ -- Thunes , a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd ('Tookitaki') by making an investment ofover $20 million.
  • With the increase in cross-border payments, the risk of money laundering goes up significantly, and so do compliance costs.
  • Regulatory compliance forms a significant percentage of this amount, and any reduction will deliver crucial savings for Thunes' customers.
  • Thunes is able to extend Tookitaki's industry-leading compliance and anti-money laundering (AML) capabilities to further safeguard the businesses and create more transparency around the payment flows of its global customers.

Singapore Payment Firm Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

Retrieved on: 
Tuesday, April 19, 2022

SINGAPORE, April 19, 2022 /PRNewswire/ -- Thunes , a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd ('Tookitaki') by making an investment ofover $20 million.

Key Points: 
  • SINGAPORE, April 19, 2022 /PRNewswire/ -- Thunes , a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd ('Tookitaki') by making an investment ofover $20 million.
  • With the increase in cross-border payments, the risk of money laundering goes up significantly, and so do compliance costs.
  • Regulatory compliance forms a significant percentage of this amount, and any reduction will deliver crucial savings for Thunes' customers.
  • Thunes is able to extend Tookitaki's industry-leading compliance and anti-money laundering (AML) capabilities to further safeguard the businesses and create more transparency around the payment flows of its global customers.

Remitly to Report First Quarter 2022 Financial Results on Thursday, May 5, 2022

Retrieved on: 
Friday, April 15, 2022

Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that it will report first quarter 2022 financial results after the market close on Thursday, May 5, 2022.

Key Points: 
  • Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that it will report first quarter 2022 financial results after the market close on Thursday, May 5, 2022.
  • Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening.
  • Remitly First Quarter 2022 Financial Results Conference Call and Webcast Information:
    Time: 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time
    Remitly is a leading digital financial services provider for immigrants and their families in over 150 countries around the world.
  • Building on its strong foundation, Remitly is expanding its suite of products to further its mission and transform financial services for immigrants all around the world.

Global Remittance Market to 2030 - Featuring Bank of America, Citigroup and MoneyGram International Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 22, 2022

The "Remittance Market by Application, Remittance Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Remittance Market by Application, Remittance Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
  • Rise in mobile-based payment channels and cross-border transactions and decrease in remittance transfer time & cost drives the growth of the market.
  • However, rise in number of financial crimes and lack of awareness for digital remittance is expected to impede the market growth.
  • The global remittance market is segmented on the basis of remittance channel, application, end user, and region.

Worldwide Remittance Industry to 2030 - Technological Innovations in Digital Remittance Industry Presents Opportunities

Retrieved on: 
Wednesday, March 23, 2022

Remittance is referred as money sent from one location to another via electronic payment system, mail, draft, and wire transfer.

Key Points: 
  • Remittance is referred as money sent from one location to another via electronic payment system, mail, draft, and wire transfer.
  • Rise in mobile-based payment channels and cross-border transactions and decrease in remittance transfer time & cost drives the growth of the market.
  • However, rise in number of financial crimes and lack of awareness for digital remittance is expected to impede the market growth.
  • Furthermore, technological advancements in digital remittance industry is expected to provide lucrative opportunities for the market growth.

Remitly to Present at the 2022 Wolfe FinTech Forum

Retrieved on: 
Monday, March 7, 2022

SEATTLE, March 07, 2022 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the 2022 Wolfe FinTech Forum.

Key Points: 
  • SEATTLE, March 07, 2022 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the 2022 Wolfe FinTech Forum.
  • Remitly is a leading digital financial services provider for immigrants and their families in over 150 countries around the world.
  • Building on its strong foundation, Remitly is expanding its suite of products to further its mission and transform financial services for immigrants all around the world.
  • Founded in 2011, Remitly is headquartered in Seattle and has seven global offices, including London, Krakw, Manila and Managua.

Remitly Bolsters Executive Leadership Team with New Chief Technology Officer

Retrieved on: 
Monday, February 28, 2022

Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced the appointment of Ankur Sinha as its new Chief Technology Officer.

Key Points: 
  • Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families, today announced the appointment of Ankur Sinha as its new Chief Technology Officer.
  • Sinha brings more than 20 years of world-class technology and leadership experience to Remitly, having worked on high-scale, high-performance products and transformative technologies in senior engineering and technology leadership roles at Google and Microsoft.
  • Ankurs addition to our team as Chief Technology Officer will enable us to execute on that strategy and reinforce our commitment to our customers, said Matt Oppenheimer, CEO at Remitly.
  • Current Chief Technology Officer Karim Meghji will transition into an executive advisory role at the end of February.