Remittances

A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.

Secretary of State Marco Rubio said the U.S. will ban certain Cuban payments, mirroring Trump's pressure on cross-border payments during his first administration.

Money remittance provider Wise said it "strongly disagrees" with the Consumer Financial Protection Bureau's characterization that it advertised inaccurate fees and did not properly disclose exchange rates.

Alex Holmes talks about money transfers, the tough economy and the role of crypto wallets in the firm's future.

One of the largest money-transfer services in the U.S. is attempting to broaden the adoption of digital currencies.

Remittances to war-ravaged Ukraine are forecast to jump by over 20% this year to a record, even as those to fellow former Soviet republics in Central Asia will likely fall “dramatically” given Russia is their main source.

The London neobank, which has applied for a banking charter in California, is working to undercut banks on pricing for consumer payments to Mexico.

The money transfer company is working with Coinme to provide a way for bitcoin users to access their profits — or cut their losses.

Now that Western Union has begun its deployment at the big-box retailer, where MoneyGram has long had a presence, the incumbent is watching for signs of pricing pressure.