Money Transfer news and trends

Sling Money Raises $15 Million for Money Transfer App
Investments // August 15, 2024

Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
Cross Border Commerce // August 12, 2024

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Pomelo and Thunes Partner on International Money Transfer Solution
Partnerships // May 09, 2024

Pomelo and Thunes have partnered on an international money transfer solution from the United States to the Philippines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Pomelo Officially Launches Product Combining Credit and International Money Transfer
Cross-border Payments // April 22, 2024

Pomelo has announced its official launch after several months of private beta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Interviews & Exclusives
More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?

December 13, 2024
The benefits of standardized data formats and exchanges in financial services are myriad. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition

December 14, 2022
While digitization has transformed the global remittance market, it is far from a one-dimensional process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

PayPal’s Xoom Goes Global And Door-to-Door

July 15, 2019
Xoom, PayPal’s international digital money transfer service, is launching in the U.K. and 31 countries, allowing millions of users to remit in bytes and bits. Julian King, Xoom general manager,...

Visa, Western Union Team To Speed Global Payments

June 05, 2019
Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of push payments at Visa, tells...

Quick Reads
Sling Money Raises $15 Million for Money Transfer App

August 15, 2024
Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]

Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market

August 12, 2024
Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Pomelo and Thunes Partner on International Money Transfer Solution

May 09, 2024
Pomelo and Thunes have partnered on an international money transfer solution from the United States to the Philippines. Get the Full Story Complete the form to unlock this article and...

Pomelo Officially Launches Product Combining Credit and International Money Transfer

April 22, 2024
Pomelo has announced its official launch after several months of private beta. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...