money transfer

PayPal’s Bill Ready: Retailers And Taking The Digital Path Already Worn

Wherever and whenever consumers shows up to shop, the merchant’s goal should always be the same: Make sure they buy and then...

2.5K

Blockchain

Santander Launches International Payment App Based On Ripple’s Blockchain Tech

Banco Santander, the Spanish bank, announced on Thursday (April 12) the launch of a new international payments service that is based on...

2.1K

Mobile Payments

Square’s Cash App Comes To The UK

Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the...

2.6K

Cross Border Commerce

Walmart Money Transfer Goes Global

Sending funds overseas is big business in the United States. According to the World Bank, in 2016, roughly $138 billion in remittances were sent from the U.S....

1.8K

B2B Payments

Global B2B Transactions Approach $218T Value, Research Finds

New research forecasts significant growth for the cross-border B2B money transfer industry. Juniper Research published its latest analysis on Monday (March 26),...

2.6K

Google

Pay Back IOUs With Google Assistant

Google has announced that Google Assistant can now be used to pay people back with Google Pay. “When the weekend’s over, chances...

2.2K

Mobile Payments

Venmo Puts Pause On Instant Transfers

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. According...

2.9K

Mobile Payments

French Startup Lydia Says It Wants To Take On PayPal

A new startup is taking aim at PayPal. This time, it’s French startup Lydia, which recently raised a $16.1 million round (€13...

3.9K

Earnings

Western Union Reports Q4 Growth, Confirms Ripple Test

Western Union reported results Tuesday that showed continued momentum in its digital business, as consumer money transfers grew on a cross-border basis....

3.3K

International

Western Union Opens India Tech Center

Western Union, the wire payments company, announced news on Monday (Jan. 29) of the launch of its Western Union Technology Engineering Centre...

3.4K

Mobile Commerce

Zelle Reports New Account Openings Of 100K A Day

Zelle, the mobile payment service of U.S. Bank, says that close to 100,000 customers sign up for the payment app on average...

3.0K

Investments

WorldRemit Lands $40M

Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, bringing its total amount raised...

7.7K

VISA

Visa Launches Real-Time Payments In Europe

Visa, the payments company, announced news on Thursday (Nov. 2) of the European launch of Visa Direct, a real-time international payments platform....

5.3K

Chatbots And Commerce

Western Union Brings Money Transfer Bot To Philippines

On Wednesday (Oct. 25), Western Union launched a new chatbot for the Facebook Messenger application, according to news from Mobile Payments Today. The...

3.1K

Payments Innovation

Vouchr Founder On Using P2P To Reinvent The Gift Of Cash

Differentiating a banking and mobile payments platform from its competitors can seem like an impossible task. When two services provide only basic...

2.2K

International

EXCLUSIVE: clearXchange Co-Founder, Mike Kennedy, Joins OFX As President

Money moves across hemispheres, and so do some international money transfer firms. To put a narrower spin on that sentiment, Australian money...

5.1K

Mobile Payments

MoneyGram Launches Mobile Order Ahead (With Money Transfer)

Just about a year ago, MoneyGram’s Chief Revenue Officer, Peter Ohser, told Karen Webster that the company launched its MobilePass pilot program with a...

1.8K

Mobile Payments

Barclays Account Holders Can Now Make Payments With Siri

Customers with a Barclays bank account can now make payments simply by asking Siri to do it for them. 9to5Mac reported that...

4.4K

Earnings

Western Union Shares Rise On Earnings Report

Western Union stocks are trading up this morning going into the market opening as investors liked what they saw in the firm’s...

5.3K

Mobile Payments

PayPal And Skype Team On Mobile Payments

PayPal, the online payment company that has been striking a flurry of deals in recent weeks, has teamed with Microsoft to enable...

2.3K

Payment Methods

Hike Launches Digital Payments In Its India Messaging App

Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. According to a report...

4.8K

Financial Inclusion

MoneyGram, Ant And Making The “Unbanked’s Bank”

On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With one more hurdle yet to clear, CFIUS approval, MoneyGram...

3.2K

Mobile

BillMo’s Value Proposition To Disrupt Money Transfers

With a $500 billion market opportunity and the proliferation of mobile devices among unbanked or underbanked consumers globally, the money transfer space...

5.6K

Payment Methods

Azimo Adds Payments Via Phone Number To Its App

Azimo, the U.K. money transfer startup that has the backing of Rakuten, is reportedly launching a new feature that enables users to...

5.0K

Partnerships / Acquisitions

Panic Arises As Chinese Company Plans To Acquire U.S. MoneyGram

Foreign interference with U.S. organizations or the government is always a concern. Following the 2016 presidential election, this concern has likely only...

Whatever Happened To...

Whatever Happened To … WorldRemit, Aiming To Be The ‘WhatsApp Of Money’

When a loved one is working overseas and sending money back to their family, it hasn’t always been a quick relay. That’s...

3.1K

Faster Payments

TransferGo Adds Real-Time Payments

Global money remittance provider TransferGo announced on Monday (Oct. 24) the addition of a real-time payment option called TransferGo NOW. The new...

2.2K

Mobile Applications

Azimo Launches New Version Of Mobile App

Azimo, the money transfer service, announced Wednesday (Oct. 19) the launch of a brand new version of its mobile app, designed to...

6.6K

B2B Payments

TransferWise Pulls The Enterprise Onto Its Money Transfer Platform

U.K. money transfer company TransferWise secured unicorn status earlier this year, and now, the peer-to-peer FinTech firm has a new goal on the...

5.3K

Security & Fraud

Bangladesh Bank Heist Now Involves Casinos

As details of the bank heist that allowed hackers to lift nearly $81 million from the central bank of Bangladesh continue to...

6.5K

Merchant Innovation

Western Union’s New Mobile Messaging X-Border Deal

Western Union is partnering with instant messaging service Viber to extend its mobile money transfer service to over 664 million users. The service...

5.4K

Cross Border Commerce

Climbing The Cross-Border Mountain

While there may be a trillion dollar cross-border commerce opportunity out there ready for the taking, the move to actually tap into...

3.7K

News

Will 2016 Be The Year Of Money Transfer Consolidation?

The money transfer industry is ripe and ready for consolidation. [bctt tweet=”The money transfer industry is ripe and ready for consolidation.”] That’s...

News