Money Transfer Stories - Page 5

Global Stories

Money Transfer stories

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

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

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

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

Crypto

WorldRemit MD reveals top digital money transfer trends for 2022

Digital money transfer numbers are expected to grow in Australia and worldwide, according to WorldRemit's APAC managing director.

By Mitchell Hageman • 3 min read • Tue, 18th Jan 2022

Stories from Other Regions

Money Transfer stories

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

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