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British payments firm Paydek has teamed with Thunes, the international payments network, to offer a wider global reach and bolstered payment choices to clients, according to a Monday Dec. 7 announcement.Paydeks infrastructure supports an extensive international base of people and businesses as clients, with handling payments to more than 160 nations. The clients can make payments to workers, vendors and partners in a quick, dependable and cost-effective manner, according to the announcement.With the addition of Thunes backing Paydek local bank transfers into emerging markets, we are better positioned to offer an enhanced service to our clientele, Paydek Managing Director Terry Hopkinson said in the announcement.The collaboration will allow for local currency payments via the large international partner network and strong technology abilities of Thunes, according to the announcement. It is anticipated that over 80 further nations are forecast to become part of the payment network of Paydek after the tie-up with Thunes.The sizable
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04 March 2014One of Citigroup banking affiliates, Banamex USA, is being hit by twin inquires related to fraud and money-laundering regulation compliance.Banamex, which provides banking services to communities in the United States and Mexico, recently revealed in SEC filings that it had been defrauded for over $400 million,聽Th
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stanley france orted on March 3.Citi received a grand jury subpoena in Massachusetts related to its anti-money laundering programs, but according to the Times, the company did not elaborate on the contents of the subpoena.The $400 million fraud stems from services provided to an oil services company based in Mexico.Discover recently fou
stanley polska nd itself the target of an inquiry into issues related to its anti-money laundering efforts. Learn more about this development by clicking聽here.What Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.