remittances

Circle to Launch Stablecoin-Powered Cross-Border Payments Network in May
Circle to Launch Stablecoin-Powered Cross-Border Payments Network in May
April 21, 2025  |  Cross-border Payments

Circle, the FinTech firm behind the USDC stablecoin, said Monday (April 21) that it plans to start rolling out a new cross-border payments network in May....

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This Is How Americans Send Billions of Dollars Abroad Every Year
This Is How Americans Send Billions of Dollars Abroad Every Year
April 18, 2025  |  Cross-border Payments

Citizens and residents of the United States are the world’s largest remitters of funds to friends, families and employees abroad, with U.S. consumers, often migrants...

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42% of Consumers Prefer Digital Wallets for Cross-Border Payments
42% of Consumers Prefer Digital Wallets for Cross-Border Payments
April 10, 2025  |  Mobile Wallets

Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement.  This...

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MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
MoneyGram Implements Mastercard Move to Facilitate Digital Money Movement
April 02, 2025  |  Cross-border Payments

MoneyGram has implemented Mastercard Move, a portfolio of money transfer solutions, to facilitate digital money movement domestically and across borders. With this integration, MoneyGram customers...

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Digital Wallets Poised to Become the SMS of Global Money Movement
Digital Wallets Poised to Become the SMS of Global Money Movement
April 01, 2025  |  Mobile Wallets

Mobile wallets are well-designed for instant gratification — as that ubiquitous instrument, the mobile phone, makes it easier than ever to pay merchants or to...

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Leap Financial Integrates Visa Direct to Streamline Cross-Border Remittances
Leap Financial Integrates Visa Direct to Streamline Cross-Border Remittances
February 27, 2025  |  Cross-border Payments

Digital remittance company Leap Financial has integrated the global money movement solution Visa Direct to streamline the direct delivery of funds to eligible cards, bank accounts and...

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African FinTech Nala Plans $120 Million Fundraise for X-Border Payments
African FinTech Nala Plans $120 Million Fundraise for X-Border Payments
February 27, 2025  |  Cross-border Payments

Cross-border payments startup Nala is attempting to raise $120 million in its next funding round. The Tanzania-based company aims to reach that goal by selling...

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Ace Money Transfer Partners With Mastercard on X-Border Payments
Ace Money Transfer Partners With Mastercard on X-Border Payments
February 24, 2025  |  Cross-border Payments

Ace Money Transfer is partnering with Mastercard Move, Mastercard’s suite of money movement solutions. Through Mastercard’s platform, Ace’s customers in Australia, Canada, Europe and the...

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Western Union’s New Media Network Drives Fourth-Quarter Revenue Growth
Western Union’s New Media Network Drives Fourth-Quarter Revenue Growth
February 04, 2025  |  Earnings

Western Union’s new media network business contributed to 56% revenue growth for its Consumer Services segment in the fourth quarter. The provider of cross-border, cross-currency...

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