Money Transfer Stories

Global Stories

Money Transfer stories

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

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

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

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

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

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

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

Fintech

Reap & TerraPay expand cross-border payout corridors

Businesses could see faster, cheaper international payouts as the tie-up lets funds settle through local clearing systems rather than correspondent banks.

By Mark Tarre • 4 min read • Fri, 15th May 2026

Fintech

Thunes & WireBarley launch real-time Korea payments

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.

By Karen Joy Bacudo • 4 min read • Wed, 29th Apr 2026

Stories from Other Regions

Money Transfer stories

Digital Transformation

TerraPay & TPBank boost Vietnam cross-border payments

Vietnamese customers will gain faster overseas transfers as TPBank taps TerraPay's network for real-time payments to 156 countries and territories.

By Karen Joy Bacudo • 3 min read • Today

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

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

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

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