Sections
money transfer
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2.9KMobile PaymentsPayPal’s Xoom Launches US Money Transfers To Walmart, Ria Locations
Xoom, PayPal’s international money transfer service, announced that customers will be able to send money to recipients in the U.S. for the...
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1.6KPartnerships / AcquisitionsMoneyGram, Walmart To Continue Money Transfers Into 2021
Walmart and MoneyGram have extended their agreement into 2021 to provide MoneyGram-branded money transfers, as well as money transfers, bill payment and...
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3.0KWalmartWalmart Teams With Ria To Offer International Money Transfers In US Stores
Walmart is expanding its flat-fee money transfer services to include an international money transfer marketplace serving all 4,700 U.S. Walmart stores, the...
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2.7KEarningsMoneyGram Sees US Headwinds, Eyes Growth With Ripple And Digital Biz
MoneyGram International posted results Friday (Nov. 1) that missed expectations and sent the stock tumbling, but the firm noted that progress is...
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3.1KDigital PaymentsDiscover Launches P2P Payments
Discover Bank has announced that customers of its savings and money market accounts can now use the Zelle network for person-to-person (P2P)...
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3.0KGlobal PaymentsFlywire’s Decade Of Focus On Life’s (Cross-Border Payments) Moments
For Flywire, the decade that’s about to wrap up in three months has been about much more than just a name change....
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3.3KLoyalty & RewardsMoneyGram Expands Loyalty Program In Europe
Money transfer company MoneyGram announced that it is expanding its loyalty program to customers in France, Italy, Germany and Spain. “We have...
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2.2KB2B PaymentsDwolla Links Users To Global B2B Payments Via TransferMate
Dwolla, a FinTech that connects business customers into the ACH network for domestic B2B payments capabilities, is teaming up with cross-border payments...
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5.1KGlobal PaymentsFinTech InstaReM Launches Remittance Service In Canada
Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. By...
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6.6KEarningsMoneyGram Places Big Cross Border Bet On Ripple
MoneyGram International posted results that missed top-line expectations, but beat at the bottom as restructuring efforts continued amid weakness within the company’s...
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4.8KDigital PaymentsWestern Union Partners With Canada’s TD For Global Money Transfer
Global payment services firm Western Union is teaming with Canadian financial institution TD to offer a fast, convenient way for TD account-holders...
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5.1KPartnerships / AcquisitionsMoneyGram Teams With Sentbe On Cross-Border Payments
MoneyGram and Korean money transfer company Sentbe have signed a partnership to make Sentbe the first MoneyGram virtual agent in South Korea,...
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6.4KPayment MethodsPayPal’s Xoom Goes Global And Door-to-Door
Xoom, PayPal’s international digital money transfer service, is launching in the U.K. and 31 countries, allowing millions of users to remit in...
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3.7KPartnerships / AcquisitionsMoneyGram Partners With Canada Post For Digital Money Transfers
MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada...
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3.2KB2B PaymentsNewly Funded B2B Startups Tap The Power Of Data
This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups...
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6.6KVISAVisa, Western Union Team To Speed Global Payments
Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley,...
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4.2KPayment MethodsWestern Union’s Playbook For Balancing Cash And Digital Payments
Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going...
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7.1KVISAWhy Visa Brought Earthport Into Its Orbit
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global...
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5.9KEarningsWestern Union’s Q1 Digital Transactions Up 19 Pct
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international...
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3.9KB2B PaymentsRipple News: Boosts X-Border Partnership Tally
Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its...
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4.1KSmarter PaymentsIn India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for...
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6.7KSmarter PaymentsFaster Payments’ Impact On India’s 100M Migrant Workers
For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value...
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6.7KDigital PaymentsHow Western Union Is Taking Global P2P Omnichannel
It’s one of the rising ideals in this digital world of commerce and payments, a consumer expectation that doesn’t seem in danger...
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5.6KData DiveData Dive, Big Launches Edition: Google, Sephora And PayPal
Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF...
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6.1KPayment MethodsNFC Forum Shares Specs For QR Codes Alternative
The NFC Forum, the standards and advocacy association for Near-Field Communication (NFC) technology, released its NFC Money Transfer Candidate Specification (NMT) on Tuesday...
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3.9KSecurity & FraudPrince 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...
- 8.9KPartnerships / Acquisitions
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,...
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6.3KB2B PaymentsIn 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...
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3.4KInvestmentsMastercard 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,...
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6.6KDigital PaymentsSenders 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...
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4.8KMobile ApplicationsLydia 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...
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4.3KSizzle/FizzleSizzle 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....
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6.0KPayment MethodsTD 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...
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4.7KPayment MethodsIn 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,...
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8.7KB2B PaymentsKuwait Bank Taps Ripple For International Network
The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its international network, offering 24-hour wire transfers to...
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8.2KSecurity & FraudFBI 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...
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5.2KPartnerships / AcquisitionsMoneyGram, 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....
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5.7KInvestmentsTransferGo 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...
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5.2KCross Border CommerceXoom 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...
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7.2KMobile ApplicationsMoneyGram 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...
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5.3KDigital PaymentsEPC 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...
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6.2KB2B PaymentsKuwait 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....
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7.1KB2B PaymentsWhere 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)....
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6.9KDigital PaymentsGrab 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...
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6.5KSecurity & FraudMoneyGram 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...
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6.8KGlobal PaymentsWith 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...
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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...
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6.0KSecurity & FraudPaytm 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...
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4.5KB2B PaymentsAzimo 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...
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5.6KEarningsPayPal 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...
