remittances

Intermex Partners With Visa to Expand Money Transfer Services
Intermex Partners With Visa to Expand Money Transfer Services
December 19, 2023  |  Cross-border Payments

International Money Express (Intermex) has partnered with Visa to extend its money transfer services to more than 20 countries that it didn’t previously serve. With this collaboration, Intermex...

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Western Union Marks 100 Concept Stores in Europe
Western Union Marks 100 Concept Stores in Europe
December 06, 2023  |  Cross-border Payments

Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has...

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Money Transfer Service Zepz Cuts 2% of Staff
Money Transfer Service Zepz Cuts 2% of Staff
November 30, 2023  |  Business

British money transfer firm Zepz has reportedly made another round of job cuts. The company, which owns remittance platforms WorldRemit and Sendwave, has laid off 30 workers, according to a CNBC report...

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Visa and Remitly Expand Collaboration to Digitally Streamline Global Remittance Market
Visa and Remitly Expand Collaboration to Digitally Streamline Global Remittance Market
November 20, 2023  |  Cross-border Payments

Yanilsa Gonzalez-Ore, North America Head of Visa Direct and Global Ecosystem Readiness, and Remitly’s CEO Matt Oppenheimer told PYMNTS cross-border money transfers are ripe for...

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Onafriq Partners With Ripple to Open Payments Corridors to Africa
Onafriq Partners With Ripple to Open Payments Corridors to Africa
November 08, 2023  |  Partnerships

Onafriq, formerly known as MFS Africa, has partnered with Ripple to boost the speed and efficiency of payments between Africa and several new markets. With...

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Businesses Want Cheaper Payments and Faster Receivables, Says Bank of America
Businesses Want Cheaper Payments and Faster Receivables, Says Bank of America
November 01, 2023  |  Digital Payments

The only constant is change, and the only necessity is adapting to it. This adage is particularly true within the global digital payment collection and...

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ACE and dLocal Team to Improve Remittances in APAC and EMEA
ACE and dLocal Team to Improve Remittances in APAC and EMEA
October 24, 2023  |  Cross-border Payments

Payments service provider dLocal has launched a partnership with British remittances firm ACE Money Transfer. The companies say their collaboration, announced in a news release Tuesday (Oct. 24), is...

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Remitly and Mastercard Team on Cross-Border Payments and Remittances
Remitly and Mastercard Team on Cross-Border Payments and Remittances
October 19, 2023  |  Payment Methods

Mastercard and Remitly Global, Inc. announced a partnership Thursday (Oct. 19) to expand access to cross-border payments and remittances. By integrating Mastercard’s Send and Cross-Border...

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Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
October 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed...

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