Money Transfer stories
Users can now hold dollars in RedotPay's wallet and move them into stablecoins for spending or cross-border transfers without leaving the app.
Businesses could see faster, cheaper international payouts as the tie-up lets funds settle through local clearing systems rather than correspondent banks.
The tie-up gives 1.1 million WireBarley users faster transfers into South Korea as remittance demand there topped USD $7.45 billion last year.
Businesses can now move USDC through Nium's network and settle in fiat, cutting trapped liquidity across more than 190 countries.
Researchers say longer dwell time revealed how attackers scan freight, payments and banking systems to turn intrusions into cargo theft and fraud.
Backing from Tether comes as stablecoins pass USD $300 billion in circulation, underlining investor appetite for their payments infrastructure.
The funding will help OpenFX expand hiring and infrastructure as it tackles slow, costly cross-border transfers for banks and fintechs.
Juniper Research’s latest study signals growing demand for payment networks that connect more rails, currencies and wallets across fragmented markets.
Rising demand for faster, cheaper international transfers has sharpened competition among payment providers serving merchants and marketplaces.
Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.
Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.
Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.
Faster cross-border payouts for US businesses are at the heart of the payments firm's latest push into one of its biggest markets.
Businesses sending money into the US can now use faster rails, cutting delays and fees in a market prone to payment failures.
The recognition could boost MANSA's appeal to payment operators as cross-border firms seek faster settlement and less capital tied up abroad.
Millions of customers can now use a bank-backed digital token in a mainstream finance app, marking a rare move into consumer stablecoins.
London will host LemFi's global operations as the fintech plans to hire more staff and expand compliance after pledging GBP £100 million in the UK.
Businesses sending funds into New Zealand can now settle in local currency faster, as Thunes adds real-time bank transfers to its Asia-Pacific network.
Direct access to Interac e-Transfer gives Neo Financial more control over payment features as the network opens to non-bank providers.
Institutions handling cross-border stablecoin flows could cut false compliance alerts as MetaComp adds AI risk checks and an agent governance standard.