The Western Union Company has released its first quarter reports, saying that the revenue had been impacted by less retail money transfer along with its suspension of services in Russia and Belarus, a press release said Thursday (April 28). Digital money transfers revenue grew 5%,...
Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money, MoneyGram announced on Tuesday (Jan. 21). The Philippines-headquartered LuLu Money will use MoneyGram’s API-driven platform to interface with leading consumer-centric capabilities and advance its global network....
Remitly, the independent digital remittance company, announced on Wednesday (Sept. 12) that it has expanded into 11 new send countries across Europe. In a press release, Remitly said the expansion gives millions of customers access to a more modern remittance experience. “In one year, we’ve...
Two years after being acquired by PayPal, digital money transfer service Xoom has a story that it wants the world to know. Part of that story is around the typical stats that those keeping score want to know — like the fact that active users have increased...
March 02, 2023
A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by the largest private sector clearing and settlement system to the new ISO 20022 standard is simply a nod to what he said is a “global choreography” taking place between far-flung […]
November 22, 2017
Two years after being acquired by PayPal, digital money transfer service Xoom has a story that it wants the world to know. Part of that story is around the typical stats that...
August 10, 2017
Slow and steady doesn’t win the financial services race. If you’re not ahead, you’re behind, especially if you’re playing on the global stage. From user interface technology to security and...
April 28, 2022
The Western Union Company has released its first quarter reports, saying that the revenue had been impacted by less retail money transfer along with its suspension of services in Russia and Belarus, a press release said Thursday (April 28). Digital money transfers revenue grew 5%, representing 25% of customer-to-customer (C2C) revenues and 37% of transactions. […]
January 21, 2020
Cross-border peer-to-peer (P2P) payments firm MoneyGram has teamed up with foreign exchange and global money transfer company LuLu Money, MoneyGram announced on Tuesday (Jan. 21). The Philippines-headquartered LuLu Money will...
September 12, 2018
Remitly, the independent digital remittance company, announced on Wednesday (Sept. 12) that it has expanded into 11 new send countries across Europe. In a press release, Remitly said the expansion...
