DailyPay added an international remittance feature to its platform. The new addition is powered by the financial technology solution ReadyRemit by Brightwell and Visa Direct. It lets users send money to friends and family worldwide “at the tap of a button” without needing to wait...
Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of double-digit transaction growth for the Branded Digital business, the company said in a presentation released...
Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain networks, will be added to the Stellar ecosystem as the exclusive credentialing solution “to enable a range of secure, compliant...
Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way to receive remittances, even if the recipient is underbanked or unbanked, the companies said in a Friday (Oct. 4) press...
September 20, 2024
With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer Financial Protection Bureau (CFPB), which on Friday (Sept. 20) issued a proposed rule with what it termed “a narrow amendment to disclosure requirements for certain international money transfers, or remittances.” […]
September 20, 2024
Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head of product at TerraPay, told...
September 05, 2024
In emerging markets, the digital wallet represents much more than a novel payment option. It is a digital passport to the digital world. And in that world, a card can...
March 25, 2024
Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows...
October 28, 2024
DailyPay added an international remittance feature to its platform. The new addition is powered by the financial technology solution ReadyRemit by Brightwell and Visa Direct. It lets users send money to friends and family worldwide “at the tap of a button” without needing to wait for a scheduled payday, according to a Monday (Oct. 28) […]
October 23, 2024
Western Union’s Branded Digital business saw 15% growth in transactions and 9% growth in revenue on a reported basis in the third quarter. This marked the sixth consecutive quarter of...
October 15, 2024
Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain networks, will be added to...
October 07, 2024
Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way to receive remittances, even if...
