Going my way? Uber to add Venmo option to split rides

Uber customers in the U.S. ordering rides and food will soon be able to pay with their Venmo balance, linked bank account, credit card or debit card which will allow them to split the cost with friends and family in...

TerraPay helps bring remittance services to several African countries

GIMAC, the regional electronic money transfer platform of Central Africa, and TerraPay have signed a strategic partnership agreement that will strengthen the remittances ecosystem in CEMAC region, according to a press release. The partnership will enable instant cross border money...

Paysafe extends reach of Skrill money transfer service

Paysafe has extended the reach of its money transfer service, Skrill Send Direct, to nine countries, according to a press release. Skrill customers can now transfer money from anywhere in the world to bank accounts and mobile wallets in a...

Fiserv helps Dollar Bank upgrade digital banking, including Zelle integration

Dollar Bank, the nation's largest independent mutual bank, has tapped Fiserv Inc., a provider of financial services technology solutions, to update its digital banking and payment capabilities with a focus on the customer experience. One of the first financial institutions...

Safaricom opposes proposed tax hike on mobile money transfers in Kenya

Safaricom CFO Sateesh Kamath said Monday that the company firmly opposes a proposed tax hike on mobile phone transfers that the Kenyan government wants to impose to help raise revenues, according to a Reuters report. "Increased excise duty on mobile...

Standard Chartered Uganda partners with mobile operator on digital wallet

Standard Chartered Bank has partnered with MTN Uganda Ltd., a mobile money provider in Uganda, to launch the Straight2Bank Wallet in the country, according to a press release. First introduced by Standard Chartered in Kenya, Straight2Bank Wallet is a mobile...

WorldRemit offering money transfer services in all 50 states

Digital money transfer service WorldRemit has received licenses in all 50 states, enabling customers across the U.S. to use its service.   The company, which specializes in immigrant money transfers, received its first license from Iowa in August 2014 and its 50th from Louisiana in May 2018.

3 companies team up to deliver real-time mobile digital payments between Botswana and Zimbabwe

Orange Money Botswana and EcoCash earlier this year launched a partnership to enable better and more affordable access to digital money transfers between Zimbabwe and Botswana. The service now enables Zimbabwean diaspora, living in Botswana, to use their Orange Money...

TransferWise drops into Argentina with money transfer platform

TransferWise recently announced the official launch of its international money transfer platform in Argentina, according to a press release. TransferWise said it has enabled money transfers into Argentina from more than 60 other countries via desktop, mobile web and through...

WorldRemit joins forces with Nigerian bank for mobile transfers

Digital money transfer service WorldRemit is joining forces with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria, according to a press release. The strategic partnership considerably expands WorldRemit's footprint in...

TransCrypt launches payments messaging app

Cryptocurrency company TransCrypt has officially unveiled its beta payments platform to the public. Consumers can download and use the TransCrypt Android app from the Google Play Store to send and receive payments in cryptocurrency via popular messaging platform Telegram, according...

Wells Fargo to enhance mobile banking app with easier access to payments

Wells Fargo has introduced a new payments feature to its mobile banking app called Pay with Wells Fargo. It brings, to the app's home screen, an option to conveniently select the most commonly used payment features (Zelle, mobile wallets, card-free...

Western Union expands digital presence in Latin America and the Carribbean

Western Union is extending its global digital footprint to Latin America and the Caribbean, activating the Western Union mobile app (for iOS and Android) in Panama and Westernunion.com/jm in Jamaica, enabling customers to send money to more than 200 countries...

Zelle's use surges despite some fraud issues

The Zelle person-to-person network moved more than $25 billion in transfers in the first quarter that ended March 31, up 15 percent from the fourth quarter of 2017, according to a press release from Early Warning. That figure came on...

Barclays, PayPal form pact over digital payments

Barclays has announced a strategic partnership with PayPal that is designed to enable customers to manage and use their Barclays and PayPal accounts together with greater ease, for the first time, according to a press release. Barclays said the partnership...

Santander debuts first blockchain-based international money transfer service

Banco Santander has launched a new international payments service using blockchain-based technology, according to a press release. The service is available to retail customers in Spain, the U.K., Brazil and Poland, and will be rolled out across more countries in...

PayPal, Safaricom partner on digital funds transfers in Kenya

PayPal and Safaricom this week announced what the companies are calling a revolutionary collaboration that enables Kenyans to easily transfer funds between their M-Pesa and PayPal accounts. The service is now live and available to all Kenyans with qualifying PayPal...

ICICI Bank adds social media twist to mobile money transfers in India

ICICI Bank, India's largest private sector bank by consolidated assets, has announced the launch of a service that enables consumers outside of India to transfer funds to a beneficiary in India using social media like WhatsApp and e-mail. The service,...

Walmart works with MoneyGram on global money transfer service

Walmart and MoneyGram International are coming together on a new international money transfer service called Walmart2World that will debut later this month at the retailer's U.S. locations, according to a press release. "We think sending money should cost the same...

Equistone to acquire cross-border payments provider Small World

Equistone Partners Europe has signed an agreement to acquire a majority stake in Small World Financial Services, an international, U.K.-based cross-border payment service provider. Small World's investors, including FPE Capital and MMC Ventures, will sell their shareholdings in the company...

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Talking With: Amanda Manna about retailers and digital disruption