Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement. This trend, highlighted in the January 2025 report, “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration between...
MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers can use any U.S.-issued Mastercard card to send funds to 38 eligible receiving markets and receive money through nearly 10...
Mobile wallets are well-designed for instant gratification — as that ubiquitous instrument, the mobile phone, makes it easier than ever to pay merchants or to complete a P2P transaction with speed, especially as real-time networks go live across the globe. But a smooth path between...
Digital remittance company Leap Financial has integrated the global money movement solution Visa Direct to streamline the direct delivery of funds to eligible cards, bank accounts and digital wallets worldwide. With this integration, Leap Financial’s white-label digital remittances platform enables financial and non-financial institutions to offer seamless...
April 10, 2025
Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement. This trend, highlighted in the January 2025 report, “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration between PYMNTS Intelligence and TerraPay, underscores a growing demand for speed, […]
December 31, 2024
The global economy is an intricate web of transactions, and cross-border payments serve as its financial backbone. For much of its history, that backbone has been creaky, slow and inefficient....
November 08, 2024
Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking the potential of blockchain platforms...
September 20, 2024
With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer Financial Protection Bureau (CFPB), which...
April 02, 2025
MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers can use any U.S.-issued Mastercard card to send funds to 38 eligible receiving markets and receive money through nearly 10 billion additional endpoints around the world, the companies said in […]
February 27, 2025
Digital remittance company Leap Financial has integrated the global money movement solution Visa Direct to streamline the direct delivery of funds to eligible cards, bank accounts and digital wallets worldwide. With this...
February 27, 2025
Cross-border payments startup Nala is attempting to raise $120 million in its next funding round. The Tanzania-based company aims to reach that goal by selling an equity stake of 10%...
February 24, 2025
Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Through Mastercard’s platform, Ace’s customers in Australia, Canada, Europe and the United Kingdom can make transfers...
