western union

Global digital payments giant Visa and East Africa’s biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users

We talk about bulls in china shops, but what about bulls running through the streets of entire shopping districts, or other neighborhoods? This morning, Amazon unveiled a new feature that will test ju

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Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off t

Traditional foreign exchange companies will need to change their revenue models, which currently rely heavily on transaction fees, or risk becoming obsolete.

The saying goes that, “You can’t teach an old dog new tricks.” That may or may not be true, but at least one “old dog” is working hard to disprove that saying. Western Union has been operati

Google Pay users in the U.S. can now send money to GPay users in India and Singapore, Google said on Tuesday, making its first push into the remittances market. The company has partnered with Western

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based

North of Silicon Valley, protected by the Point Reyes National Seashore, is the only operational ship-to-shore maritime radio station. Bearing the call sign KPH, the Point Reyes Station is the last of

What do you do when your startup idea doesn’t prove big enough? Run it as a scrawny but profitable lifestyle business? Or sell it to a competitor and take another swing at the fences? Social aud

When it comes to financial services in emerging markets, remittances — people sending money to each other across international borders, often not to established bank accounts — continues t

International money transfer service TransferWise, has made a significant incursion into the US market today, launching a MasterCard debit card alongside a multicurrency account. Mirroring the card it

For a founder building a consumer-facing business, overseas Chinese students might just be one of the most coveted targets: they’re young, well-educated and have access to the “bank”

Global money mover Western Union is commonly a target for fintech companies, but the firm is teaming up with a startup to help increase its presence in the world’s third-most lucrative remittanc

Australia-based Airwallex is the latest tech startup to enter the billion-dollar “unicorn” club. The company announced today that it has closed a $100 million Series C round that values it

You’d be forgiven for not knowing Amazon has operated in China for more than a decade, but perhaps not for much longer. The company is reportedly in talks to merge its China-based import busines

While Amazon has been methodical (read: a little slow) in launching local versions of its site for various global markets, it has now embarked on a secondary track to snag more business outside the 14

Forging another link between Africa and China's digital economies, the African-focused money transfer startup SimbaPay and Kenya’s Family Bank have launched an instant payment service from East-

Jake Bright Contributor Share on X Jake Bright is a writer, author and advisor with a focus on global business, politics, and technology. From 2017 to 2020, he was a contributing writer and advisor at

Remittance has always been a shady business. Migrant workers need to send money they earn home to their families, but get hit with fine print fees so less cash comes out the other side than they might