Nigeria, Africa’s largest economy, has all the tools for success in today’s connected global economy. But despite its economic prowess, restricted access to foreign currencies...
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in...
In the quest to make end-to-end money movement faster, secure and frictionless across borders, Ruben Salazar, Global Head of Visa Direct and Abdul Abdulkerimov, Paysend chairman and co-founder, say...
Visa and Currencycloud have joined forces to introduce a suite of products that aims to simplify cross-border money movement for various institutions. The collaboration combines Visa’s existing cross-border...
Western Union and Elektra say users in Mexico can now receive money via chatbot. The offering, the latest in a series of efforts by Western Union to expand...
African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...
Western Union has launched a “concept store” in Jordan to support that country’s foreign-born workforce. The new store, announced Thursday (Sept. 7), was developed in partnership with Al Sadat...
Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward...
Drug cartels are reportedly disguising their ill-gotten gains as routine money transfers by using remittances. A surge in legitimate remittances from migrant workers has inadvertently made it...