Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the executive chairman position, the company said in a release. “I am immensely proud of the sustained growth and success of...
Money transfer giant MoneyGram beat expectations on the bottom line but missed on the top, as new compliance standards put in place by the company proved a headwind to revenues. Yet management maintained efforts to shore up defenses against fraud as money moved far-flung distances...
Western Union’s first quarter results, released Tuesday (May 1), benefited from growth in digital C2C transactions as executives expressed confidence that they could fend off Walmart’s recent entry into the global money transfer space. Consumer-to-consumer revenue that stemmed from WesternUnion.com increased 23 percent in the...
WorldRemit, the digital money transfer service, and global money transfer brand Xpress Money announced Tuesday (Dec. 6) a partnership to open up new remittance routes across Africa and Asia. In a press release, WorldRemit said that, via Xpress Money’s agent partner network, WorldRemit customers will be...
August 16, 2022
An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food and healthcare. This is why, according to Jose Ivars-Lopez, Ria’s U.K. and Ireland country manager, helping migrants to send money back home quickly and seamlessly is a necessity, not a […]
August 28, 2019
Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the executive chairman position, the company said in a release. “I am immensely proud of the sustained growth and success of Azimo, and of the team that made it happen. We’ve […]
December 07, 2016
WorldRemit, the digital money transfer service, and global money transfer brand Xpress Money announced Tuesday (Dec. 6) a partnership to open up new remittance routes across Africa and Asia. In...
October 27, 2016
Walmart Stores, along with Ria Money Transfer and MoneyGram International, announced Wednesday (Oct. 26) it is making the necessity of transferring money even more affordable for customers. In a press...
