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Money Transfer Stories - Page 3

Australian Stories

Money Transfer stories

Most Aussie SMEs overpay for international money transfers
OFX

Most Aussie SMEs overpay for international money transfers

Study reveals 62% of Australian SMEs use the big four banks for international trade, despite higher fees and exchange rate mark-ups.

By Shannon Williams • 3 min read • Thu, 26th Sep 2024
Waave launches biometrically secured Waave Wallet in Australia
Biometrics

Waave launches biometrically secured Waave Wallet in Australia

Waave launches Waave Wallet, a novel payment method using biometric security and real-time account transfer; a move to tackle cyber breaches and reduce Australia's AU$3 billion in annual merchant fees.

By Catherine Knowles • 3 min read • Tue, 23rd Apr 2024
Wise Platform improves cross-border money management
Fintech

Wise Platform improves cross-border money management

Wise Platform has launched a new way to help enterprises and their customers with cross-border money management.

By Catherine Knowles • 4 min read • Thu, 29th Jun 2023
Australians re-examining spending fees and charges
Fintech

Australians re-examining spending fees and charges

The majority of Australians are beginning to examine fees more closely. Unfortunately, no transaction is completely and always 'free'.

By Shannon Williams • 4 min read • Wed, 15th Jun 2022

Global Stories

Money Transfer stories

TerraPay launches Xend to link wallets, banks & cards globally
Crypto

TerraPay launches Xend to link wallets, banks & cards globally

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

By Catherine Knowles • 2 min read • Tue, 25th Nov 2025
Revolut enables instant AUD-China transfers via Alipay in Australia
Fintech

Revolut enables instant AUD-China transfers via Alipay in Australia

Revolut now allows Australian customers to send instant money transfers to China via Alipay, enhancing convenience and reducing costs for remittances.

By Melania Watson • 3 min read • Fri, 21st Nov 2025
MetaComp launches Ripple RLUSD stablecoin for APAC institutions
Monetary Authority of Singapore

MetaComp launches Ripple RLUSD stablecoin for APAC institutions

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

By Kaleah Salmon • 3 min read • Tue, 12th Aug 2025
MoneyGram cyberattack highlights financial sector vulnerabilities
Ransomware

MoneyGram cyberattack highlights financial sector vulnerabilities

MoneyGram confirms a cyberattack that crippled its services, raising alarms about vulnerabilities in the financial sector amid ongoing digital transformation.

By Kaleah Salmon • 3 min read • Thu, 26th Sep 2024
Global banking fraud to hit USD $48bn by 2029, says study
Fintech

Global banking fraud to hit USD $48bn by 2029, says study

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

By Sean Mitchell • 3 min read • Mon, 17th Jun 2024
Three ways employees can spot a deepfake scam
Multi-factor authentication

Three ways employees can spot a deepfake scam

As deepfake scams surge globally, employees are urged to be vigilant and adopt common-sense checks, including 'liveness' checks and using internal codewords.

By Sadiq Iqbal • 5 min read • Thu, 18th Apr 2024
ACE Money Transfer pairs with dLocal to bolster remittance services in APAC and EMEA regions
Network Infrastructure

ACE Money Transfer pairs with dLocal to bolster remittance services in APAC and EMEA regions

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

By Imee Dequito • 3 min read • Thu, 26th Oct 2023
Wise partners with Tencent to provide international money transfers through Weixin
WeChat

Wise partners with Tencent to provide international money transfers through Weixin

Tencent Financial Technology and Wise are teaming up to allow international money transfers to China through Weixin, the Chinese version of WeChat.

By Staff Writer • 3 min read • Wed, 2nd Feb 2022

Stories from Other Regions

Money Transfer stories

AI-driven scams to surge, warns Trend Micro in new forecast
Artificial Intelligence

AI-driven scams to surge, warns Trend Micro in new forecast

Trend Micro warns AI-driven scams will surge by 2026, using deepfakes and multi-channel tactics to trap victims in sophisticated frauds globally.

By Sean Mitchell • 3 min read • Fri, 5th Dec 2025
Wealthsimple partners with Wise for integrated transfers
Crypto

Wealthsimple partners with Wise for integrated transfers

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

By Jake MacAndrew • 3 min read • Fri, 14th Nov 2025
Wise urges New Zealand MPs to end NZD $667m FX fee losses
Payments NZ

Wise urges New Zealand MPs to end NZD $667m FX fee losses

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

By Jed Nykolle Harme • 4 min read • Tue, 22nd Jul 2025
SentBe rides the wave of Singapore's foreign resident boom
Fintech

SentBe rides the wave of Singapore's foreign resident boom

SentBe is the first Korean fintech to win Singapore's Cross-border Remittance Licence amid rising demand from growing expatriate communities.

By Kaleah Salmon • 4 min read • Fri, 30th May 2025
UK banking fraud predicted to exceed GBP $38 million by 2029
Biometrics

UK banking fraud predicted to exceed GBP $38 million by 2029

Fraudulent banking transactions in the UK could hit GBP $38 million over the next five years, warns Juniper Research, as the country battles a 111% surge in financial crime.

By Kaleah Salmon • 3 min read • Tue, 9th Jul 2024