Money Transfer stories

Nium and Coinbase launch USDC payments service for businesses across 190 markets, aiming to cut trapped liquidity and speed cross-border settlements.

Proofpoint says a cargo theft gang spent weeks inside a decoy network, probing banking, fleet payment and load board systems for fraud.

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Neo Financial becomes the second Canadian FinTech on Interac e-Transfer, boosting direct access for payments as the network opens to more providers.

OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.

Thunes has won the Best Cross-Border Payment Solution award at the MPE Awards 2026 after judges praised its global reach, FX pricing and compliance platform.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Venmo now lets users send USD $ transfers directly to PayPal accounts in 90 markets, creating a global person-to-person payments link.

RedotPay wins new Canada, US and Argentina licences as it builds a global crypto payments hub and expands stablecoin-based services.

LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.

SoFi and Mastercard will use SoFiUSD stablecoin for card settlement worldwide, targeting faster payments, remittances and B2B transfers.

TerraPay and Sabre have struck a multi-year deal to power instant cross-border bank payouts for travel agencies, airlines and hotels.

Canada's lending future is going hybrid as Money Mart doubles down on both mobile apps and 420-plus branches to widen access.

Zepz has bought fintech Pomelo to bolt credit cards and lending onto its remittance brands, deepening its push into cross-border finance.

Mastercard and TerraPay team up to let mobile wallet users tap and pay at over 150 million Mastercard contactless locations worldwide.

TerraPay launches Xend, a global payments network linking wallets, banks and cards for seamless cross-border transactions with Swift integration.

The collaboration is set to offer Canadian customers easier international money transfers in over 10 currencies via their existing accounts.

ACE Money Transfer from the UK has partnered with dLocal to strengthen their payout services across remittance hotspots in APAC and EMEA regions.