CFOtech Australia - Technology news for CFOs & financial decision-makers
Australia

Money Transfer Stories

Global Stories

Money Transfer stories

LemFi partners BVNK to speed remittance settlements
Fintech

LemFi partners BVNK to speed remittance settlements

Two million customers could see cheaper, faster transfers as the remittance firm shifts settlement onto regulated stablecoin rails.

By Karen Joy Bacudo • 4 min read • Last week
Bir named among world's top fintechs in neobanking
Digital Transformation

Bir named among world's top fintechs in neobanking

The ranking puts Azerbaijan's digital finance sector on a global stage, as Bir becomes the first South Caucasus firm to join CNBC's neobanking list.

By Sofiah Nichole Salivio • 4 min read • Last week
Hyundai tests stablecoin remittance between US & Mexico
Crypto

Hyundai tests stablecoin remittance between US & Mexico

The trial cut an internal dollar transfer between Hyundai units in the US and Mexico to seven minutes, far faster than bank rails.

By Karen Joy Bacudo • 4 min read • This month
LemFi buys Wealth8 to add investing to its platform
Fintech

LemFi buys Wealth8 to add investing to its platform

The deal broadens LemFi's UK offering as it seeks to help internationally mobile customers move from transfers and savings into investing.

By Karen Joy Bacudo • 3 min read • This month
RedotPay taps OpenPayd for global stablecoin payments
Crypto

RedotPay taps OpenPayd for global stablecoin payments

The tie-up should speed remittances and multi-currency transfers for millions of RedotPay users as stablecoin payments expand globally.

By Karen Joy Bacudo • 4 min read • This month
Bir & Paysend launch international transfers in Azerbaijan
Digital Transformation

Bir & Paysend launch international transfers in Azerbaijan

The new feature lets m10 users send money to more than 140 countries and territories, broadening Bir's reach beyond domestic payments.

By Sofiah Nichole Salivio • 4 min read • Last month
Trace Finance raises USD $32 million for expansion
Fintech

Trace Finance raises USD $32 million for expansion

The funding will help Trace Finance expand regulated cross-border payments and stablecoin settlement across Brazil, the US and Asia-Pacific.

By Karen Joy Bacudo • 4 min read • Last month
One in three remittance users struggle with delays
Fintech

One in three remittance users struggle with delays

Delays and opaque fees in cross-border transfers are leaving millions of remittance recipients unable to cover essentials, a new survey finds.

By Karen Joy Bacudo • 4 min read • Last month
RedotPay adds USD account to multi-currency wallet
Fintech

RedotPay adds USD account to multi-currency wallet

Users can now hold dollars in RedotPay's wallet and move them into stablecoins for spending or cross-border transfers without leaving the app.

By Karen Joy Bacudo • 3 min read • Mon, 25th May 2026

Stories from Other Regions

Money Transfer stories

U.S. Bank launches Enhanced Payments for small firms
Fintech

U.S. Bank launches Enhanced Payments for small firms

Small businesses can now send ACH, wire and instant payments digitally, with lower fees and no branch visit needed.

By Karen Joy Bacudo • 4 min read • This month
Wise launches Young Explorer debit card in Singapore
Fintech

Wise launches Young Explorer debit card in Singapore

Families in Singapore can now give children controlled access to overseas spending, with limits, monitoring and no foreign transaction fees.

By Karen Joy Bacudo • 4 min read • Last month
Revolut launches business platform for New Zealand SMEs
Software-as-a-Service

Revolut launches business platform for New Zealand SMEs

New Zealand SMEs can now access multi-currency accounts and cheaper cross-border payments as Revolut expands its business platform in the market.

By Karen Joy Bacudo • 4 min read • Last month
BitGo Singapore & dtcpay forge regulated payments deal
Crypto

BitGo Singapore & dtcpay forge regulated payments deal

The tie-up gives dtcpay access to licensed infrastructure in Singapore, easing compliance pressures as businesses demand safer digital asset payments.

By Karen Joy Bacudo • 4 min read • Last month
Wise buys Expatica to widen global relocation reach
Fintech

Wise buys Expatica to widen global relocation reach

The deal broadens Wise's customer reach beyond payments, tying its cross-border banking tools to advice for millions of people moving abroad.

By Karen Joy Bacudo • 3 min read • Last month
Thunes opens New York office to boost US expansion
Fintech

Thunes opens New York office to boost US expansion

Faster cross-border payouts for US businesses are at the heart of the payments firm's latest push into one of its biggest markets.

By Karen Joy Bacudo • 3 min read • Last month
Thunes launches real-time US payouts for cross-border money
Fintech

Thunes launches real-time US payouts for cross-border money

Businesses sending money into the US can now use faster rails, cutting delays and fees in a market prone to payment failures.

By Karen Joy Bacudo • 3 min read • Last month
MANSA named in Payments Power 50 2026 for cross-border push
Fintech

MANSA named in Payments Power 50 2026 for cross-border push

The recognition could boost MANSA's appeal to payment operators as cross-border firms seek faster settlement and less capital tied up abroad.

By Karen Joy Bacudo • 4 min read • Last month
SoFi launches bank-issued stablecoin in banking app
Crypto

SoFi launches bank-issued stablecoin in banking app

Millions of customers can now use a bank-backed digital token in a mainstream finance app, marking a rare move into consumer stablecoins.

By Karen Joy Bacudo • 4 min read • Sat, 30th May 2026