The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged in a Wednesday (Jan. 25) news release that Dollar East, Hafiz Bros...
MoneyGram and Astra Tech are collaborating amid growing demand for Middle Eastern money transfer services. The partnership will see MoneyGram offer transfer services via Astra’s...
Right out of the gate, the Consumer Financial Protection Bureau (CFPB) has had a busy 2023. The pace won’t slow as the year goes on,...
The amount of money transfer data available to law enforcement is larger than previously reported. The database includes 150 million such transfers from the United...
With a focus on fees, the Consumer Financial Protection Bureau (CFPB) may reshape cross-border payments, specifically the hundreds of billions of dollars in remittances that...
America’s top consumer watchdog is reportedly looking to strengthen its rules for overseas money transfers. The Consumer Financial Protection Bureau (CFPB) is considering new restrictions...
Xoom now lets U.S. customers send money to eligible Visa debit cards in 25 countries. The new service meets consumers’ growing demand for quick, easy...
India is paving the path to payments interoperability — not just across providers, but across borders. For payments to become truly ubiquitous — especially real-time...