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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

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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

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Google has announced that it has been granted an e-money licence and authorised as a payment institution in the Republic of Ireland, paving the way for it to begin providing new... more

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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.

Transferwise is moving another step closer to banking territory with the expansion of its “borderless” account and debit card for consumers. The accounts can hold cash in more than 20 different currencies and will initially role out to 1,000 users following its launch last year for businesses. The company is also launching its own debit card, [...]

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