Money Transfers News

MoneyGram saw a significant rise in user transaction numbers for May 2020 compared to the same period last year, coinciding with a partnership with Ripple that began last June.

A digital money platform is offering instant money transfers with almost zero fees – and enables customers to exchange between over 30 currencies including fiat, commodities, and cryptocurrencies.

An open-source protocol is enabling users to transfer value from one blockchain to another, preventing isolation and removing barriers to trading.

Cryptocurrencies have challenges in becoming a major force in the world’s economy, but looking at history, almost every advancement has had similar issues.

Bitcoin keeps transforming lives and economic activities around the globe on a diurnal basis.

The non-for-profit Stellar network has launched a Blockchain-backed money transfer to compete with SWIFT.

Bitcoin could soon come to the rescue of millions of Mexicans if Trump’s proposed crackdown on remittances becomes law. Digital currency exchanges in Mexico are thriving and ever-increasing trade being witnessed.

Cointelegraph discusses the present and the future of international money transfer market with Peter Ohser from MoneyGram at Europe Money 20/20 that took place in Copenhagen.

PayPal has officially announced that the company agreed to acquire a San Francisco-based online money transfer technology and services company Xoom to the tune of US$890 million.

"Big four" Australian bank, the Commonwealth Bank of Australia (CBA), has announced its plans to integrate Ripple and use the distributed network to transfer funds between its subsidiaries.