remittances

Report: Walmart to Expand Capabilities of Digital Wallet in Mexico
Report: Walmart to Expand Capabilities of Digital Wallet in Mexico
May 09, 2023  |  Walmart

Walmart of Mexico and Central America (Walmex) is reportedly looking to expand the capabilities of its digital wallet. The company said it expects to add...

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Paysend and TelevisaUnivision Promote Card-to-Card Money Transfers to Latin America
Paysend and TelevisaUnivision Promote Card-to-Card Money Transfers to Latin America
May 08, 2023  |  Partnerships

Paysend and TelevisaUnivision have partnered to promote money transfers to Latin America. TelevisaUnivision, a Spanish language content and media company, will use its reach to...

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CBDC Skepticism in Europe Paves Path for Tokenized Deposits
CBDC Skepticism in Europe Paves Path for Tokenized Deposits
May 03, 2023  |  CBDC

A spate of bank runs and controversies over central bank digital currencies (CBDCs) may further pave the way for tokenized deposits. The issues surrounding CBDCs...

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Western Union Sees Digital Transactions Grow but Revenues Decline
Western Union Sees Digital Transactions Grow but Revenues Decline
May 02, 2023  |  Earnings

Western Union is seeing growth in the number of digital transactions. During the quarter ended March 31, the firm recorded 7% growth in the number...

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MoneyGram Pushes Back Expected Date of Planned Sale
MoneyGram Pushes Back Expected Date of Planned Sale
May 01, 2023  |  Acquisitions

MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now...

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Visa CEO: Tokenized Credentials Grew 90% From Year Ago Levels 
Visa CEO: Tokenized Credentials Grew 90% From Year Ago Levels 
April 25, 2023  |  Earnings

Visa’s fiscal second quarter shows that new payment flows and B2B loom large, but plenty of room remains to capture the share of consumer payments...

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Cross-Border Remittances Go Omnichannel for Growth
Cross-Border Remittances Go Omnichannel for Growth
April 12, 2023  |  Cross-border Payments

Like other industries, the pandemic saw remittance customers shifting from traditional brick-and-mortar environments to the digital space, with some customers using an app to transfer...

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How Removing Regulatory Barriers Can Accelerate Growth of Mobile-to-Mobile Transfers in Africa
How Removing Regulatory Barriers Can Accelerate Growth of Mobile-to-Mobile Transfers in Africa
April 03, 2023  |  Mobile Wallets

A partnership between global money transfer giant Western Union and Pan-African FinTech MFS Africa is looking to improve payment integration between Africa and the rest...

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Brightwell and Visa Team to Simplify Launching Cross-Border Payments Programs
Brightwell and Visa Team to Simplify Launching Cross-Border Payments Programs
March 28, 2023  |  Cross-border Payments

Brightwell and Visa have teamed up to help customers launch cross-border payments programs. This collaboration enables the use of Visa Direct through Brightwell’s ReadyRemit platform,...

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