Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement. This...
MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers...
Mobile wallets are well-designed for instant gratification — as that ubiquitous instrument, the mobile phone, makes it easier than ever to pay merchants or to...
Digital remittance company Leap Financial has integrated the global money movement solution Visa Direct to streamline the direct delivery of funds to eligible cards, bank accounts and...
Cross-border payments startup Nala is attempting to raise $120 million in its next funding round. The Tanzania-based company aims to reach that goal by selling...
Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Through Mastercard’s platform, Ace’s customers in Australia, Canada, Europe and the...
Western Union’s new media network business contributed to 56% revenue growth for its Consumer Services segment in the fourth quarter. The provider of cross-border, cross-currency...
International remittance company Wise and the Consumer Financial Protection Bureau (CFPB) reached an agreement to settle the regulator’s allegations that the company advertised inaccurate fees and failed...
Mastercard’s fourth-quarter earnings results showed that consumers still rely on their cards for everyday spending — and beyond the resilient consumer, tens of trillions of...