Money Transfers

MoneyGram To Use Interac e-Transfer Bulk Disbursement

Interac Association/Acxsys Corporation (Interac) announced today that MoneyGram International, Inc. has begun using Interac e-Transfer Bulk Disbursement, an extension of the Interac e-Transfer service, as a new way for Canadians to receive payments sent through MoneyGram's payment service.  Interac e-Transfer Bulk Disbursement allows MoneyGram to deliver money to its Canadian recipients in real time, with instant pickup and real-time funds... more Read more »

Telenor’s Valyou Receives UNCDF Support for Financial Inclusion in Myanmar

Valyou, a service from Telenor Group, will provide low-cost international remittance services to Myanmar in its effort to promote greater financial inclusion in Southeast Asia.  Through Valyou’s international remittance platform, Myanmar nationals in Thailand and Malaysia will soon be able to send money directly to their family and friends back home. Read more »

Western Union's EDGE Platform Wins Top Innovation Award at Dreamforce

The Western Union Company, a leader in global payments services, has received a prestigious 'Lightning Bolt' award for "Best Marketplace" innovation at the annual Salesforce user conference, Dreamforce, in San Francisco, California. The award for the WU® EDGE platform was presented at the inaugural "Community Cloud Trailblazers" award ceremony, which celebrates companies, teams and leaders using Salesforce technology to create a positive impact... more Read more »

Xpress Money to showcase ‘Flex’, ‘One’ & ‘Biz’, its customisable business solutions at Money2020 in Las Vegas

Xpress Money – one of the world’s most dependable money transfer brands – is set to showcase Xpress Money ‘Flex’, ‘One’ and ‘Biz’, its customisable remittance solutions, at Money2020 – the world’s largest marketplace for ideas, connections and deals in Payments and Financial Services. Xpress Money’s business solutions are designed to give organisations customisable options based on their business needs. Read more »

MoneyGram MobilePass Expands in the US

MoneyGram announces the significant expansion of its award-winning MoneyGram MobilePass service to thousands of U.S. agent locations.  In addition to the company's other digital solutions, including kiosks, moneygram.com, and send to account, MoneyGram MobilePass provides customers with another choice to make sending money easier. Read more »

Money Transfer Company, Ping Express, Signs with AU10TIX for 2nd Generation ID Authentication & Face Matching Automation

US cross-border money transfer services provider, Ping Express, integrates AU10TIX ID authentication and biometric face-matching automation to speed-up and protect worldwide money transfer services. With AU10TIX ID document+biometrics screening in place, Ping Express customers can benefit from a simple, speedy onboarding experience while making fraud prevention and KYC more robust and efficient. Read more »

WorldRemit Adds International Remittances to Huawei’s Suite of Mobile Money Products

Leading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa. Read more »

ANZ Decreases Money Transfer Fees to Pacific

ANZ today announced it was reducing international money transfer fees from Australia to five Pacific countries, effective immediately.  The fee for an international money transfer to Fiji, Samoa, Vanuatu, Kiribati or Tonga is now just $9* for payments initiated by internet banking, phone banking or via an Australian ANZ branch.  Commenting on the fee reduction, Group Executive Australia Fred Ohlsson said: “Many families and businesses in these... more Read more »

Moneymailme Collaborates with Prepaid Financial Services to Launch Virtual and Physical Cards

Social money transfer app Moneymailme has partnered with Prepaid Financial Services to provide Moneymailme users with access to virtual and physical cards.  The announcement was made at Money 20/20 Europe, Europe’s largest fintech event.  All Moneymailme cards will have multiple currency wallets linked to them so that when cardholders make a transaction, the money will be debited from the matching currency wallet rather than a traditional base... more Read more »

Pangea Money Transfer Launches in Asia

Pangea Money Transfer, a mobile-centric remittance platform, has announced today that it’s bringing its award-winning, instant money transfer service to Asia the week of July 10.  U.S. senders will soon be able to use Pangea’s sleek, user-friendly app to transfer money in one-click to friends and family in nine Asian countries: China, India, Philippines, Vietnam, Thailand, Bangladesh, Indonesia, Malaysia and Singapore. For Pangea, this comes on... more Read more »

Xpress Money is Focusing on Business Expansion in Europe

Xpress Money, one of the world's most dependable money transfer brands, is set to strategically expand its business in Europe by partnering not just with traditional money transfer players but with banks, retail chains, telecos, fintech companies, startups etc. that are looking to collaborate to tap newer audiences and deliver additional value to existing consumers. Read more »

MFS Africa Joins Paga to Connect Nigerian Remittance Market to the World

MFS Africa and Paga announced today the launch of their partnership connecting Paga users and Nigerian bank account holders to remittance senders from around the world. Thanks to this collaboration, anyone with a Paga wallet can receive transfers from millions of other mobile money users across Africa, or from any money transfer operator connected to the MFS Hub.  Read more »

Ria Money Transfer Announces New Strategic Partnerships and Expands its Network in India to Serve World's Largest Diaspora Group

Ria Money Transfer ("Ria") the third largest money transfer company in the world and subsidiary of Euronet Worldwide, Inc. (NASDAQ:EEFT) has signed direct partnership agreements with three of India's leading cash remittance payout agents, Paul Merchants Limited, Weizmann Forex Limited and Transcorp International Limited. Read more »

Pangea Money Transfer Launches in Honduras

Pangea Money Transfer, a remittance app built for the mobile user, has expanded its service into Honduras. With this addition, Pangea’s application is now available in six Latin American countries, including Mexico, Colombia, Guatemala, El Salvador and the Dominican Republic.  After raising a new round in December 2016, the company has embarked on a rapid expansion process with plans to be available in 16 more countries across three different... more Read more »

Walmart To Unveil Bluebird2Walmart an Enhanced Mobile Money Transfer Platform

Today, Walmart, an American giant multinational retailing corporation, has revealed launch of Bluebird2Walmart money transfer service via mobile phones, scheduled for beginning of May. Read more »

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