Mobile Remittance RSS
New data has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. According to Juniper Research, the mobile channel will become... more
The post International digital remittances to reach $525 billion by 2024 appeared first on Payments Cards & Mobile.
Facebook says it will launch its cryptocurrency codenamed Libra, currently scheduled for a June 18th release according to TechCrunch which reported multiple investors briefed on the project by Facebook were told... more
Visa has announced a new strategic agreement with Western Union to implement Visa Direct, Visa’s real-time push payments platform in an effort to bring speed and transparency to the process... more
The post Money 2020: Visa and Western Union partner on global payments appeared first on Payments Cards & Mobile.
A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... more
The post Study: 1 in 10 banks will disappear over the next 5 years appeared first on Payments Cards & Mobile.
SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... more
The post SWIFT trials instant cross-border gpi payments through TIPS appeared first on Payments Cards & Mobile.