Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). The company did not see the improvement in its Americas retail business that it expected in the second quarter, and a delay in its...
U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. The collaboration will see the companies promote account funding transactions to support faster and more seamless money transfers, ACE said in a Monday (July 13) news release. The combination of ACE...
Last year, Western Union announced plans to purchase money transfer service International Money Express (Intermex). That $500 million deal is now facing pushback from New York City Mayor Zohran Mamdami, who argues the acquisition would put financial pressure on the city’s immigrants. “Every month, thousands...
Watch more: Need to Know With Remitly’s Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank account on your phone. But for millions of people who...
May 07, 2026
Watch more: Need to Know With Remitly’s Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank account on your phone. But for millions of people who need to move money across borders, the experience still feels […]
May 28, 2025
Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look. But there are some constants...
April 28, 2025
There’s a shift in how consumers and small businesses are conducting cross-border transactions, according to the PYMNTS Intelligence report “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a...
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...
September 16, 2026
Wells Fargo says it has brought its international money transfer service to its banking app. ExpressSend Mobile makes Wells Fargo the only major American bank to offer a dedicated mobile remittance service, the lender said in a Wednesday (Sept. 16) news release. “Many of our customers regularly support family and loved ones abroad,” Daniela Mounger, ExpressSend product […]
July 30, 2026
Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). The company did not see the improvement in its...
July 13, 2026
U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. The collaboration will see the companies promote account funding transactions to support faster and more seamless...
May 14, 2026
Last year, Western Union announced plans to purchase money transfer service International Money Express (Intermex). That $500 million deal is now facing pushback from New York City Mayor Zohran Mamdami,...
