Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true...
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...
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...
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...
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...
MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now...
Visa’s fiscal second quarter shows that new payment flows and B2B loom large, but plenty of room remains to capture the share of consumer payments...
Like other industries, the pandemic saw remittance customers shifting from traditional brick-and-mortar environments to the digital space, with some customers using an app to transfer...
A partnership between global money transfer giant Western Union and Pan-African FinTech MFS Africa is looking to improve payment integration between Africa and the rest...