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A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... more

The post Multinational industry alliance launch PayID – universal ID for payments appeared first on Payments Cards & Mobile.

Western Union is reported to have made an offer to acquire MoneyGram in a transaction that would bring together the two largest money-transfer service providers in the US. Western Union... more

The post Western Union seeks deal to acquire MoneyGram appeared first on Payments Cards & Mobile.

Remittances have played an increasingly important role in the economies of many low-income countries as migrants around the world have been sending an increasing amount of money home in recent... more

The post The World Bank predicts global remittances will fall by 20% this year appeared first on Payments Cards & Mobile.

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... more

The post OpenPayd enhances SEPA payment capabilities appeared first on Payments Cards & Mobile.

A love affair between consumers and their mobile phones is leading to explosive growth in new digital payments across Europe. More and more consumers are shopping across borders online and... more

The post Digital payments – The next revolution in payments gathers pace… appeared first on Payments Cards & Mobile.