Money Transfer stories
Waave launches Waave Wallet, a novel payment method using biometric security and real-time account transfer; a move to tackle cyber breaches and reduce Australia's AU$3 billion in annual merchant fees.
Wise Platform has launched a new way to help enterprises and their customers with cross-border money management.
The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always 'free'.
Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.
As deepfake scams surge globally, employees are urged to be vigilant and adopt common-sense checks, including 'liveness' checks and using internal codewords.
ACE Money Transfer from the UK has partnered with dLocal to strengthen their payout services across remittance hotspots in APAC and EMEA regions.
Tencent Financial Technology and Wise are teaming up to allow international money transfers to China through Weixin, the Chinese version of WeChat.
Digital money transfer numbers are expected to grow in Australia and worldwide, according to WorldRemit's APAC managing director.