remittances

Paysend and Purpl Partner on Money Transfers to Lebanon
Paysend and Purpl Partner on Money Transfers to Lebanon
February 13, 2023  |  Partnerships

Paysend has partnered with Purpl to enable money transfers to Lebanon. The partnership brings together Paysend’s integrated global payments ecosystem and Purpl’s remittance and cash...

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Western Union CEO Sees Digital Driving Global Remittance Growth
Western Union CEO Sees Digital Driving Global Remittance Growth
February 07, 2023  |  Cross-border Payments

Digital platforms are continuing to revolutionize the remittances market, and Western Union is taking notice. The 172-year-old financial services company told investors during its fourth...

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Beyon Money Taps TerraPay to Enhance Popular Bahrain Remittance Corridors
Beyon Money Taps TerraPay to Enhance Popular Bahrain Remittance Corridors
February 06, 2023  |  Payment Methods

TerraPay has partnered with Beyon Money to enhance outward remittances from Bahrain in key corridors. The London-based cross-border payment services provider announced the partnership in...

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Fintiv and Geoswift Partner on Digital Remittances to Asia
Fintiv and Geoswift Partner on Digital Remittances to Asia
February 03, 2023  |  Cross-border Payments

Fintiv and Geoswift have partnered on enabling cross-border remittance payments into Asia. The collaboration — which brings together Fintiv’s mobile commerce platform and Geoswift’s payment...

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UK Watchdog Warns of Price Fixing Among Money Transfer Firms
UK Watchdog Warns of Price Fixing Among Money Transfer Firms
January 25, 2023  |  Regulation

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...

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MoneyGram and Astra Tech Team on Money Transfers by Text
MoneyGram and Astra Tech Team on Money Transfers by Text
January 25, 2023  |  Partnerships

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...

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CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
January 20, 2023  |  CFPB

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,...

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Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
Sen. Wyden: Money Transfer Surveillance Program Larger Than Previously Reported
January 18, 2023  |  Data

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...

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CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
January 17, 2023  |  CFPB

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...

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