Money Transfer 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.
Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... more
The post Mastercard ditches Earthport bid in favour of Transfast acquisition appeared first on Payments Cards & Mobile.
Its been a busy week in the world of global money transfer. Both of the biggest household names have had big news, but for one its was a big win... more
The post Good Day, Bad Day for money transfer giants Western Union and Moneygram appeared first on Payments Cards & Mobile.
OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross- border money transfers and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa.... more
The post OROBO and OpenWay to power cross-border money transfers appeared first on Payments Cards & Mobile.
TransferWise has teamed up with Groupe BPCE, in a deal that will give the money-transfer startup access to the banking group’s 15 million retail customers, the companies announced at Money... more