remittances

Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
December 03, 2024  |  Blockchain

Regulatory clarity sits at the center of the convergence of crypto and traditional finance. And, from the point of view of payments professionals, CFOs and...

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Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
November 08, 2024  |  Blockchain

Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking...

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What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024  |  Regulation

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...

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DailyPay Expands Visa Relationship to Offer International Remittances
DailyPay Expands Visa Relationship to Offer International Remittances
October 28, 2024  |  International

DailyPay added an international remittance feature to its platform. The new addition is powered by the financial technology solution ReadyRemit by Brightwell and Visa Direct....

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Western Union’s Digital Business Sees 15% Growth in Transactions
Western Union’s Digital Business Sees 15% Growth in Transactions
October 23, 2024  |  Earnings

Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked...

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Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
October 15, 2024  |  Blockchain

Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain...

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Mastercard and Paysend Launch Remittance Solution in Mexico
Mastercard and Paysend Launch Remittance Solution in Mexico
October 07, 2024  |  Partnerships

Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way...

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Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
Zepz Raises $267 Million to Grow Global Cross-Border Remittance Solutions
October 07, 2024  |  Investments

Zepz has raised $267 million in a Series F funding round to continue growing its global cross-border remittance solutions, WorldRemit and Sendwave. “The Series F...

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