Axis Bank joins hand with TimesofMoney

Axis Bank has formed an association with TimesofMoney under which the latter will provide its remittance solution to the bank. The move will help the bank to offer its non-resident customers AxisRemit, the bank’s own branded online remittance services.

The company’s solutions will provide the technology platform for AxisRemit.

TimesofMoney’s white-labelled remittance platform and knowledge will help the bank to offer high-speed online money transfer services for NRIs belonging to major geographies. Similarly, the back-office functions associated to remittances would also be taken care by TimesofMoney.