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Prince Charles’ Charity Funded By Company With Russian Ties

A charity run by Prince Charles received donations from a company used to transfer large amounts of cash from Russia. According to...

7.3K

Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth

The year 2019 is already shaping up as a big year for deal-making in financial services and payments. Western Union, of course,...

South Korea Wants Bank, FinTech Collaboration

4.3K

In South Korea: Calls For Greater Bank, FinTech Collaboration

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine...

2.2K

Investments

Mastercard Foundation, Ripple Back Remittance Co SendFriend

Remittance company SendFriend announced that it has raised $1.7 million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance,...

5.0K

Digital Payments

Senders As Issuers: A New Space For Cards In Global P2P

When InstaReM CEO and Co-founder Prajit Nanu started putting together a global remittance firm for consumers and businesses in 2014, he had...

4.1K

Mobile Applications

Lydia Enables Shared Sub-Accounts With Virtual Cards

To help friends and roommates manage money, the French startup Lydia is letting users of its payment app share sub-accounts. They can also...

Sizzle of the Week: Zelle’s Accelerating Growth

3.2K

Sizzle/Fizzle

Sizzle Of The Week: Zelle’s Accelerating Growth

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018....

TD Ameritrade, Apple Team for Instant Funding

3.6K

Payment Methods

TD Ameritrade Enables Instant Brokerage Account Funding Via Apple Pay

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Tuesday (Jan. 15) that it now enables customers to instantly fund a brokerage account...

3.2K

Payment Methods

In Hungary, Instant Payments Gain Traction

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. To that end,...

6.7K

Kuwait Bank Taps Ripple For Online Banking

The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its online banking platform, offering 24-hour wire transfers...

6.2K

FBI Warns Of ‘Money Mule’ Fraud

The Federal Bureau of Investigation (FBI) is warning about a new form of fraud that targets companies, schools and nonprofits around the United...

3.4K

MoneyGram, Kroger Pair On Bill Pay

MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company....

TransferGo Receives $17.6M In Series B Funding

4.8K

Investments

TransferGo Raises $17.6M For X-Border Payments

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a...

4.0K

Cross Border Commerce

Xoom Expands Full Suite Of Send Services To Canada

When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization...

MoneyGram Mobile App Hits Market in 15 Countries

5.8K

Mobile Applications

MoneyGram Mobile App Launches In 15 New Countries

MoneyGram, a global money transfer and payment service, has launched a new mobile app that is available in the U.S. and 14...

3.7K

Digital Payments

EPC Chair On SEPA’s Instant Credit Transfer, One Year In

Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds...

5.2K

Kuwait Debuts FinTech Sandbox

As proof that FinTech sandboxes are going global, Kuwait has become the latest player in the Middle East to debut a framework....

5.6K

Where B2B Payments, Banking And Lending Connect

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB)....

Grab Financial Announces Remittance Offering

5.1K

Digital Payments

Grab Launches P2P Remittance Product

Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s...

5.1K

MoneyGram Settles With FTC For $125M

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old...

5.3K

Global Payments

With New Deal, Western Union And M-PESA Make Global P2P Wave

Western Union and M-PESA announce today a global P2P partnership that will make it easier for M-PESA customers to send money outside...

5.2K

Earnings

Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon

Double-digit growth marked Western Union's digital offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth...

5.1K

Paytm Founder Targeted In Blackmail Scheme

Three people have been remanded in India over an alleged plot to blackmail the founder of Paytm for $2.7 million. According to...

3.4K

Azimo Steps Into Business Payments Space

Payments company Azimo, which has typically focused on consumer money transfers, is now stepping into the business payments space. The company announced...

4.7K

Earnings

PayPal Posts 25 Pct Jump In Payments Volume

PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and...

3.5K

SWIFT Exit For Iran As Sanctions Loom?

SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on...

3.4K

Cash

Viamericas Rolls Out Mastercard Cash Pick-Up Across The Country

Viamericas, the money transmitter offering international money transfer, bill payment, check processing and top-up services at thousands of agent locations across the...

8.2K

PayPal Cash Comes To Walmart

For 73 percent of Americans, participating in the digital economy is easy. All they have to do is secure internet access, enter...

3.7K

Regulation

WhatsApp Caves To India Payments Data Demands

WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to...

3.6K

SMBs Claim Control Over Finances With B2B Payments Innovation

There is a disconnect between the payment options businesses offer their customers and the options businesses use to pay each other. Between...

4.8K

NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect

Paper checks have long been used in the B2B industry, serving as one of the few ubiquitous payment methods in an otherwise...

3.3K

Cross Border Commerce

Remitly Expands Into 11 New Send Countries In Europe

Remitly, the independent digital remittance company, announced on Wednesday (Sept. 12) that it has expanded into 11 new send countries across Europe....

4.3K

Mobile Applications

Western Union App Launches In Mexico

Western Union, the cross-border and cross-currency money movement company, announced on Wednesday (Sept. 12) that it has launched the Western Union App...

3.9K

Investments

TransferWise Reports $3.9B In Transaction Volume/Month

London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. One of Europe’s largest FinTech startups,...

4.1K