Showing results for 'remittance' in Articles
814 Articles | 59 Magazines | 1 Research | 0 Whitepapers

MoneyGram enable cardless money transfers from Europe

21 Mar 24 @ 15:10

MoneyGram International has teamed up with Trustly. Through this strategic alliance, MoneyGram will introduce cardless money transfer payments for millions of its users across Europe. When sending international money transfers... read more

Visa and Western Union deepen cross-border payment partnership

14 Mar 24 @ 09:00

Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more

Mastercard and MTN to drive acceleration of Mobile Money in Africa

29 Feb 24 @ 17:17

Mastercard and MTN Group Fintech have signed a multi-market agreement that will connect millions of people and small businesses across Africa with digital tools to transact through secure Mobile Money... read more

Reserve Bank of India shuts down Paytm operations

31 Jan 24 @ 16:56

The Reserve Bank of India (RBI) has imposed restrictions on Paytm, which effectively bars the platform from onboarding new customer, and limiting the ability of current users for sending or... read more

Card networks preferred over Banks for Super App delivery

23 Jan 24 @ 18:14

As apps and connected devices increasingly take centre stage in consumers’ lives, the appetite for a single app that seamlessly integrates banking, shopping and personal activities, the so called Super... read more

£187 billion lost to hidden cross-border fees in a single year

23 Jan 24 @ 16:10

Sending money cross-border is a growing part of our international lives, but most people are unaware of what they actually pay to send, spend, or receive money internationally. According to... read more

UPI selects Google to take digital wallet global

17 Jan 24 @ 18:23

The National Payments Corporation of India has selected Google Pay as part of its strategy to take India’s digital wallet system, the Unified Payments Interface (UPI), to global markets. The... read more

MTN targets 50% of Africa’s mobile wallets with Ericsson deal

09 Jan 24 @ 13:44

MTN Group have strengthened their partnership with Ericsson to enhance mobile wallet and financial services and financially empower millions of citizens across Africa. The partnership is set to broaden the... read more

Banking super apps: knocking the competition for six

08 Jan 24 @ 20:07

As we write about Elon Musk’s plans for X and the future of Open Banking in Europe, news reaches Payments Cards & Mobile of an alternative to either the social... read more

One-Leg Out Instant Credit Transfer (OCT Inst) payments go live

04 Dec 23 @ 13:02

The European Payment Council’s (EPC) One-Leg-Out Instant Credit Transfer scheme (OCT Inst) has gone live. The launch of the new payment scheme of the European Payments Council (EPC) designed for... read more

Swift launch 24/7 cross border, instant payment processing

30 Nov 23 @ 17:44

Cross-border payments destined for Europe can now reach beneficiaries in seconds through seamless connection to domestic instant payment systems, with full transparency and end-to-end tracking powered by Swift. The European... read more

Cross-border payments projected to accelerate over next 12 months

10 Nov 23 @ 14:16

As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money... read more

ECB: Why we need a better cross-border payments network

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

MoneyGram plans to launch non-custodial digital wallet

16 Oct 23 @ 16:48

MoneyGram has announced plans to launch its own non-custodial digital wallet which will officially debut in Q1 2024. The wallet will enable consumers around the world to leverage stablecoin technology... read more

Swift enhances cross border dominance with Visa and Wise deals

20 Sep 23 @ 11:45

You may all be aware that Sibos is on this week! Earlier in the week we covered an interesting development that Revolut is attacking Swifts dominance in cross border payments... read more

Revolut RevTag launches to take on Swift cross border dominance

19 Sep 23 @ 11:00

Revolut has announced the launch of RevTag, its instant and free payments ecosystem, to Revolut Business customers. The RevTags feature will enable customers to send and receive instant zero-fee cross-border... read more

World Payments Report: Non-cash transactions continue to rise

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

Exploring the difference between money transfer apps and digital banks

14 Aug 23 @ 12:00

The realm of personal finance has undergone a significant transformation in the digital age, thanks to the emergence of innovative financial technology solutions. Among the popular choices are money transfer... read more

From cashless to super apps: Exploring fintech trends

10 Aug 23 @ 13:00

Fintech services continue to change, accelerate and improve the way we conduct our financial practices Technological innovations in fintech are continuing to evolve, as we reach the halfway point of... read more

FTC files amended money transfer scam complaint against Walmart

10 Jul 23 @ 16:13

As reported by Payments Cards & Mobile back in June 2022, the Federal Trade Commission (FTC) sued Walmart for allowing its money transfer services to be used by fraudsters, who... read more

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Major UK Banks unite to develop digital verification service

30 Jun 26 @ 07:05

Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more

Visa expands AI and Cybersecurity strategy in Europe

07 Jul 26 @ 19:13

Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more