13 Aug 25 @ 16:43

Google has announced a pilot programme that will integrate international money transfer options directly into Google Wallet and Google Search, with Wise, Ria Money Transfer and Xe among the inaugural... read more

24 Sep 24 @ 16:32

Flutterwave, an African payments technology company, has announced the expansion of its Send App service across 49 US states through a partnership with MainStreet Bank. Send App facilitates money transfers... read more

14 Jun 24 @ 11:41

Billions worth of currency travels around the world every second. And many of those billions come from individuals — not just from the trading of stocks from brokers in capital... read more

25 Mar 24 @ 16:53

Mastercard has continued to expand its cross-border remittance reach with a new connection to Alipay, China’s leading digital wallet, making it one of the fastest-growing cross-border payment offering. The move... read more

20 Nov 23 @ 16:41

Visa and Tencent Financial Technology, the fintech division of Tencent, say they are partnering to enable Weixin users to receive inbound remittance in their digital wallets. This partnership will extend... read more

23 Jun 23 @ 09:10

MoneyGram has released the findings of a new consumer survey, which explores key trending factors and future growth drivers in the global payments industry, taking into account economic impact, digital... read more

21 Feb 23 @ 17:57

A new study has found the total volume of international digital remittances will exceed 2 billion globally in 2027, from just over 1.1 billion in 2022. It predicts this growth will... read more

09 Aug 22 @ 13:50

Remittances sent worldwide have increased 64.3% in the past decade, rising from $420.1 billion 10 years ago to $653.4 billion in the last year*, according to research by ACE Money... read more

16 Jun 21 @ 11:02

Defying predictions, remittance flows have proved to be resilient during the COVID-19 crisis according the World Bank. In 2020, officially recorded remittance flows to low-and middle-income countries reached $540 billion,... read more

05 Nov 20 @ 17:33

As the COVID-19 pandemic and economic crisis continues to spread, the remittance that migrant workers send home is projected to decline 14% by 2021 compared to the pre COVID-19 levels... read more

06 May 20 @ 11:18

Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... read more

11 Jun 19 @ 09:20

New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... read more

09 Aug 18 @ 14:44

Remittances to low and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline. The World Bank estimates that officially recorded remittance to low- and... read more

25 Jun 18 @ 16:42

After the disappointment of US regulators blocking its purchase of MoneyGram, Ant Financial has taken a step towards dramatically lowering the cost of remitting money overseas in a move that... read more

24 May 16 @ 15:12

REMITTANCES TO DEVELOPING countries grew only marginally in 2015, as weak oil prices and other factors strained the earnings of international migrants and their ability to send money home, the... read more

02 Jul 15 @ 18:20

PayPal is spending $890m of its $6bn war chest on a deal to buy Xoom, a money transfer company, ahead of its split with parent company Ebay later this month.... read more

19 Jun 15 @ 15:07

Western Union, the global remittance specialist, and MasterCard have entered into a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and... read more

12 Feb 14 @ 10:14

Vodafone and MoneyGram have teamed up to enable mobile remittance allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be... read more

20 Dec 13 @ 10:46

MasterCard, eServGlobal and BICS have announced the formation of HomeSend remittance, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash... read more

10 Feb 26 @ 17:30

Visa is pushing deeper into one of the world’s most strategically important payment corridors, announcing a partnership with UnionPay International to enable cross-border, real-time payments into mainland China. The agreement... read more