remittances

Mastercard and Paysend Launch Remittance Solution in Mexico
Mastercard and Paysend Launch Remittance Solution in Mexico
October 07, 2024  |  Partnerships

Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way...

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Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024  |  Investments

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F...

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Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
Stablecoins Surge in Prominence and Utility Across FinTech Ecosystem
September 23, 2024  |  Cryptocurrency

You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the...

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CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
CFPB Proposal Prompts Customers to Contact Providers Before Regulators With Remittance Questions
September 20, 2024  |  CFPB

With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer...

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Cross-Border Digital Wallets as the Antidote to Cash?
Cross-Border Digital Wallets as the Antidote to Cash?
September 20, 2024  |  Mobile Wallets

Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head...

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Mastercard and Safaricom Team on Cross-Border Payments in Kenya
Mastercard and Safaricom Team on Cross-Border Payments in Kenya
September 19, 2024  |  Partnerships

Mastercard has launched a partnership with East African telecom Safaricom. The collaboration, announced in a news release Thursday (Sept. 19), is designed to boost the...

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Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
September 13, 2024  |  Cross-border Payments

Revolut is reportedly looking to expand its business into Gulf Cooperation Council (GCC)-member countries. The British FinTech has submitted applications to become an electronic-money institution and...

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Visa and 1Link Partner to Promote Digital Payments in Pakistan
Visa and 1Link Partner to Promote Digital Payments in Pakistan
September 11, 2024  |  Partnerships

Visa teamed up with 1Link, a payment system operator and payment service provider in Pakistan, to promote digital payments in Pakistan. The partnership will facilitate...

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Mastercard to Provide Payment Processing to Saudi Startup Barq
Mastercard to Provide Payment Processing to Saudi Startup Barq
September 06, 2024  |  Partnerships

Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnership...

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