New Western Union Report on Foreign Exchange and international Payments Reveals the impact of the EU Referendum on UK Businesses
- 7 years 11 months ago
- Money Transfers
UK importers lost an average 12% in profits since the EU Referendum as a result of Sterling depreciation, according to new research* from Western Union as the countdown begins on a year to Britain’s exit from the EU on 29 March 2019. The figures are part of the global payments specialist’s new FX Barometer, a special quarterly analysis of FX trends andinsights to help businesses and their advisors derive more value from their international... more
Pangea Money Transfer Announces Major Fee Reduction for U.S.-to-India Remittances
- 8 years 2 days ago
- Money Transfers
Pangea Money Transfer, a mobile-centric remittance platform for sending m
Wing Partners with WorldRemit to Offer Instant Money Transfers to Cambodia
- 8 years 1 month ago
- Money Transfers
Leading digital money transfer service, WorldRemit, and Cambodia’s largest mobile banking services provider, Wing Cambodia Limited Specialised Bank, have launched instant money transfers to Cambodia.
Western Union fined $60 million for violating AML laws
- 8 years 2 months ago
- Money Transfers
Financial Services Superintendent Maria T. Vullo today announced that Western Union has agreed to pay a $60 million fine as part of a consent order with the New York State Department of Financial Services (DFS) for violations of New York Bank Secrecy Act (BSA) and anti-money laundering laws (AML).
Sainsbury’s Bank launches new online international money transfer platform
- 8 years 2 months ago
- Money Transfers
New research from Sainsbury’s Bank reveals that almost eight million UK adults have sent an average of £5,236 abroad in the last two years.
MoneyGram To Use Interac e-Transfer Bulk Disbursement
- 8 years 3 months ago
- Money Transfers
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
Telenor’s Valyou Receives UNCDF Support for Financial Inclusion in Myanmar
- 8 years 3 months ago
- Money Transfers
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.
Western Union's EDGE Platform Wins Top Innovation Award at Dreamforce
- 8 years 4 months ago
- Money Transfers
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
Xpress Money to showcase ‘Flex’, ‘One’ & ‘Biz’, its customisable business solutions at Money2020 in Las Vegas
- 8 years 4 months ago
- Money Transfers
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.
MoneyGram MobilePass Expands in the US
- 8 years 6 months ago
- Money Transfers
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.
Money Transfer Company, Ping Express, Signs with AU10TIX for 2nd Generation ID Authentication & Face Matching Automation
- 8 years 8 months ago
- Money Transfers
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.
WorldRemit Adds International Remittances to Huawei’s Suite of Mobile Money Products
- 8 years 8 months ago
- Money Transfers
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.
ANZ Decreases Money Transfer Fees to Pacific
- 8 years 8 months ago
- Money Transfers
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
Moneymailme Collaborates with Prepaid Financial Services to Launch Virtual and Physical Cards
- 8 years 8 months ago
- Money Transfers
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
Pangea Money Transfer Launches in Asia
- 8 years 8 months ago
- Money Transfers
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
