remittances

Report: Zepz Seeks M&A Targets After 26% Layoffs

Report: Zepz Seeks M&A Targets After 26% Layoffs
Report: Zepz Seeks M&A Targets After 26% Layoffs
June 15, 2023  |  Partnerships

Money transfer FinTech Zepz is reportedly looking to add to its business portfolio. The company, which owns remittances firms WorldRemit and Sendwave, is looking for...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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How a 190-Year-Old UK Bank Is Reimagining Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023  |  Cross-border Payments

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And...

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Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce
Visa Backs TerraPay to Connect Digital Wallets to Cross-Border Commerce
May 10, 2023  |  SMBs

Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true...

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Report: Walmart to Expand Capabilities of Digital Wallet in Mexico
Report: Walmart to Expand Capabilities of Digital Wallet in Mexico
May 09, 2023  |  Retail

Walmart of Mexico and Central America (Walmex) is reportedly looking to expand the capabilities of its digital wallet. The company said it expects to add...

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Paysend and TelevisaUnivision Promote Card-to-Card Money Transfers to Latin America
Paysend and TelevisaUnivision Promote Card-to-Card Money Transfers to Latin America
May 08, 2023  |  Partnerships

Paysend and TelevisaUnivision have partnered to promote money transfers to Latin America. TelevisaUnivision, a Spanish language content and media company, will use its reach to...

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CBDC Skepticism in Europe Paves Path for Tokenized Deposits
CBDC Skepticism in Europe Paves Path for Tokenized Deposits
May 03, 2023  |  CBDC

A spate of bank runs and controversies over central bank digital currencies (CBDCs) may further pave the way for tokenized deposits. The issues surrounding CBDCs...

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Western Union Sees Digital Transactions Grow but Revenues Decline
Western Union Sees Digital Transactions Grow but Revenues Decline
May 02, 2023  |  Earnings

Western Union is seeing growth in the number of digital transactions. During the quarter ended March 31, the firm recorded 7% growth in the number...

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