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Find here all the latest articles, news, and research on Money Transfer and other Money Transfer-related topics:

Find here all the latest articles, news, and research on Money Transfer and other Money Transfer-related topics:

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Transi chooses Velmie to launch a remittance app

News | Mobile Payments | 10 Apr 2024

US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.

mobile payments, money transfer, remittance, financial inclusion, fintech

TerraPay receives MPI licence from the MAS

News | Payments General | 09 Apr 2024

UK-based payment services provider TerraPay has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

money transfer, remittance, MPI licence, cross-border payments, regulation

LemFi receives CBK approval for Kenya remittance operations

News | Mobile Payments | 08 Apr 2024

US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

remittance, mobile payments, digital wallet, FX , money transfer

Swan partners with Wise Platform

News | Payments General | 04 Apr 2024

France-based Embedded Finance platform Swan has entered a collaboration with Wise Platform in a bid to allow its clients to transfer money from over 190 countries.

partnership, payments , money transfer, online payments, digital payments

6G Digital acquires 25% stake in FlexM Global for USD 12.5 mln

News | Online & Mobile Banking | 01 Apr 2024

Sweden-based fintech 6G Digital has bought a 25% stake in Singapore-based fintech FlexM Global for USD 12.5 million to augment the banking and money transfer landscape.

fintech, acquisition, money transfer, financial inclusion, banking

GCash partners with PayPal to help freelancer get paid

News | Mobile Payments | 01 Apr 2024

Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.

SMEs, mobile payments, money transfer, ATM, digital wallet

Paysend partners with Currencycloud

News | Payments General | 28 Mar 2024

UK-based fintech Paysend has chosen Currencycloud to boost its FX and treasury capabilities, becoming a key partner for cross-border money movement.

remittance, money transfer, FX , expansion, digital wallet

New alliance in Africa aims to explore remittance solutions

News | Payments General | 26 Mar 2024

Coronation Group, Access Holdings, Safaricom, and M-PESA Africa have formed a strategic partnership to provide remittance corridors in Africa.

remittance, financial inclusion, partnership, mobile money, money transfer

Safaricom taps Onafriq to enable remittances to Ethiopia

News | Mobile Payments | 21 Mar 2024

Kenya-based telecommunications company Safaricom has augmented its M-PESA platform, through a partnership with Onafriq, to offer remittances to Ethiopia.

remittance, money transfer, mobile payments, expansion, growth markets

Trustly partners with MoneyGram

News | Online Payments | 20 Mar 2024

Open Banking payments provider Trustly has announced its collaboration with MoneyGram, aiming to introduce cardless payments for the latter’s users across Europe. 

partnership, online payments, payment methods, money transfer, bank account

TerraPay and Alfardan Exchange partner on cross-border remittances

News | Payments General | 07 Mar 2024

UK-based payment services provider TerraPay has partnered with Alfardan Exchange to augment cross-border payments in Qatar.

remittance, money transfer, partnership, financial inclusion, payments infrastructure

Beyond borders – a deep dive into cross-border payments

Voice of the Industry | Online Payments | 07 Mar 2024

Diana Lupuleac, Content Editor at The Paypers, shares insights into the history of cross-border payments, how they are made today, and current initiatives aimed to tackle their pain points.

cross-border payments, ecommerce, online shopping, shopping, money transfer, blockchain, real-time payments, CBDC, Open Banking, marketplace, B2B payments, B2B2B2C, ACH, SWIFT

Visa expands its collaboration with Western Union

News | Payments General | 06 Mar 2024

Multinational payment card services company Visa has announced a 7-year collaboration with US-based financial services corporation Western Union.

partnership, payments , financial services, money transfer

Flipkart partners with Axis Bank

News | Payments General | 04 Mar 2024

Flipkart has announced the launch of a new UPI service in partnership with Axis Bank, aiming to optimise fund transfers and checkout payments for Android users. 

partnership, product launch, UPI, payments , money transfer, online payments, mobile payments, digital payments, ecommerce

Nium secures Type 1 FTSP licence from JFSA

News | Online Payments | 29 Feb 2024

Real-time global payments provider Nium has announced that it secured a Type 1 Funds Transfer Service Provider (FTSP) licence from the Japanese Financial Services Agency (JFSA). 

local payment method, cross-border payments, money transfer, banks, regulation

EazyPay and Visa augment Bahrain's funding landscape

News | Payments General | 28 Feb 2024

Eazy Financial Services (EazyPay) has leveraged Visa’s Direct Account Funding solution to offer fast and secure account-to-account (A2A) fund transfers in Bahrain.

account-to-account payment, money transfer, payment gateway, banking, digital wallet

TerraPay joins forces with Diamond Trust Bank Uganda

News | Online Payments | 22 Feb 2024

TerraPay and Diamond Trust Bank Uganda have announced a partnership to expand international money transfers and strengthen financial inclusion in Uganda.  

money transfer, financial inclusion, credit access, cross-border payments, partnership

Western Union and Mercado Pago extend partnership

News | Online Payments | 22 Feb 2024

Western Union and Mercado Pago have announced growth in their existing relationship, giving customers in the US and Canada the ability to send money from Western Union. 

partnership, remittance, online payments, money transfer collaborates with Mangopay

News | Online Payments | 14 Feb 2024

Germany-based automotive marketplace has announced its collaboration with Mangopay, aiming to introduce a customised payment solution for its end-users.

online platform, online payments, partnership, payments , money transfer

European Parliament adopts new instant money transfer rules

News | Online Payments | 08 Feb 2024

The European Parliament has adopted a new set of rules to ensure that transferred funds arrive immediately in bank accounts across the EU.

instant payments, regulation, money transfer, bank transfer