Western Union has terminated its agreement to acquire International Money Express (Intermex) after reaching what it described as an impasse with California regulators. California’s Department...
Wells Fargo says it has brought its international money transfer service to its banking app. ExpressSend Mobile makes Wells Fargo the only major American bank to...
Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). The company did not...
U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. The collaboration will see the companies promote account funding transactions to...
Last year, Western Union announced plans to purchase money transfer service International Money Express (Intermex). That $500 million deal is now facing pushback from New...
Watch more: Need to Know With Remitly’s Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you...
Visa Canada launched a collaboration with remittance-focused FinTech platform RemitBee, according to a Wednesday (May 6) press release. The partnership is designed to integrate Visa...
Brazil has forbidden electronic foreign exchange (eFX) companies from using cryptocurrencies to settle overseas remittances. That’s according to a new resolution from the country’s central...
Foreign exchange (FX) startup OpenFX has raised $94 million in a new funding round. The company’s Series A round, announced Tuesday (March 31), comes as...