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A new study finds that digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025; driven by growth of mobile money transfers. Mobile... read more
The post Domestic money transfer to grow to $3.4 trillion – mobile driving growth appeared first on Payments Cards & Mobile.
Whilst the focus is always on the FinTech party eating the incumbent lunch, HSBC has struck back in the money transfer battle by launching Global Money Account, its own fee-free international... more
The post Incumbent fights back: HSBC launch Global Money Account a free money transfer app appeared first on Payments Cards & Mobile.
Santander has announces the launch of PagoFX, a low-cost international money transfer service, with a view to taking on TransferWise and others, in the UK. The service is available via... more
Finablr and Samsung have introduced the Money Transfer feature in Samsung Pay. This new in-app international money transfer service, a first of its kind in the US, offers users seamless... more
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.