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

Money Transfer Stories - Page 2

Australian Stories

Money Transfer stories

Zepz to launch stablecoin Visa cards with Stripe's Bridge globally
Crypto

Zepz to launch stablecoin Visa cards with Stripe's Bridge globally

Zepz will launch stablecoin-linked Visa cards with Stripe's Bridge, enabling global daily spending of digital dollars from early 2026 in markets including Australia and the US.

By Sean Mitchell • 3 min read • Mon, 8th Dec 2025
Most Aussie SMEs overpay for international money transfers
OFX

Most Aussie SMEs overpay for international money transfers

Study reveals 62% of Australian SMEs use the big four banks for international trade, despite higher fees and exchange rate mark-ups.

By Shannon Williams • 3 min read • Thu, 26th Sep 2024

Global Stories

Money Transfer stories

TerraPay, Sabre expand instant cross-border payouts
Crypto

TerraPay, Sabre expand instant cross-border payouts

TerraPay and Sabre have struck a multi-year deal to power instant cross-border bank payouts for travel agencies, airlines and hotels.

By Catherine Knowles • 3 min read • Tue, 17th Feb 2026
LemFi secures AUSTRAC approval to launch in Australia
Migration

LemFi secures AUSTRAC approval to launch in Australia

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

By Sofiah Nichole Salivio • 4 min read • Wed, 4th Feb 2026
Zepz buys Pomelo to add credit cards to remittances
Fintech

Zepz buys Pomelo to add credit cards to remittances

Zepz has bought fintech Pomelo to bolt credit cards and lending onto its remittance brands, deepening its push into cross-border finance.

By Mark Tarre • 3 min read • Thu, 22nd Jan 2026
Mastercard links with TerraPay to boost wallet tap-and-go
Crypto

Mastercard links with TerraPay to boost wallet tap-and-go

Mastercard and TerraPay team up to let mobile wallet users tap and pay at over 150 million Mastercard contactless locations worldwide.

By Sean Mitchell • 4 min read • Fri, 9th Jan 2026
TerraPay launches Xend to link wallets, banks & cards globally
Crypto

TerraPay launches Xend to link wallets, banks & cards globally

TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.

By Catherine Knowles • 2 min read • Tue, 25th Nov 2025
Revolut enables instant AUD-China transfers via Alipay in Australia
Fintech

Revolut enables instant AUD-China transfers via Alipay in Australia

Revolut now allows Australian customers to send instant money transfers to China via Alipay, enhancing convenience and reducing costs for remittances.

By Melania Watson • 3 min read • Fri, 21st Nov 2025
MetaComp launches Ripple RLUSD stablecoin for APAC institutions
Monetary Authority of Singapore

MetaComp launches Ripple RLUSD stablecoin for APAC institutions

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

By Kaleah Salmon • 3 min read • Tue, 12th Aug 2025
MoneyGram cyberattack highlights financial sector vulnerabilities
Ransomware

MoneyGram cyberattack highlights financial sector vulnerabilities

MoneyGram confirms a cyberattack that crippled its services, raising alarms about vulnerabilities in the financial sector amid ongoing digital transformation.

By Kaleah Salmon • 3 min read • Thu, 26th Sep 2024

Stories from Other Regions

Money Transfer stories

Hybrid lending model key to Canada's financial future
Digital Transformation

Hybrid lending model key to Canada's financial future

Canada's lending future is going hybrid as Money Mart doubles down on both mobile apps and 420-plus branches to widen access.

By Peter Kalen • 4 min read • Sat, 31st Jan 2026
Griffin processes GBP £3 billion as revenue surges
Disaster Recovery

Griffin processes GBP £3 billion as revenue surges

UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.

By Kaleah Salmon • 3 min read • Mon, 12th Jan 2026
AI-driven scams to surge, warns Trend Micro in new forecast
Artificial Intelligence

AI-driven scams to surge, warns Trend Micro in new forecast

Trend Micro warns AI-driven scams will surge by 2026, using deepfakes and multi-channel tactics to trap victims in sophisticated frauds globally.

By Sean Mitchell • 3 min read • Fri, 5th Dec 2025
Wealthsimple partners with Wise for integrated transfers
Crypto

Wealthsimple partners with Wise for integrated transfers

The collaboration is set to offer Canadian customers easier international money transfers in over 10 currencies via their existing accounts.

By Jake MacAndrew • 3 min read • Fri, 14th Nov 2025
Wise urges New Zealand MPs to end NZD $667m FX fee losses
Payments NZ

Wise urges New Zealand MPs to end NZD $667m FX fee losses

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

By Jed Nykolle Harme • 4 min read • Tue, 22nd Jul 2025
SentBe rides the wave of Singapore's foreign resident boom
Fintech

SentBe rides the wave of Singapore's foreign resident boom

SentBe is the first Korean fintech to win Singapore's Cross-border Remittance Licence amid rising demand from growing expatriate communities.

By Kaleah Salmon • 4 min read • Fri, 30th May 2025
UK banking fraud predicted to exceed GBP $38 million by 2029
Biometrics

UK banking fraud predicted to exceed GBP $38 million by 2029

Fraudulent banking transactions in the UK could hit GBP $38 million over the next five years, warns Juniper Research, as the country battles a 111% surge in financial crime.

By Kaleah Salmon • 3 min read • Tue, 9th Jul 2024