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

The post TransferWise teams with French bank Groupe BPCE appeared first on Payments Cards & Mobile.