FXcompared Magazine: Money Transfer News, Guides and Profiles

Alipay moving into US retail

Alipay moving into US retail

| News | US

Alipay recently announced a partnership with French clothing brand Lacoste that will let shoppers use Alipay to make purchases in certain US retail stores. The international payments platform will be the exclusive partner of Lacoste, using Verifone technology to enable Alipay QR code payments at mobile point of sale terminals (mPOS) in retail outlets.

Blockchain to cut costs of money transfers in 2018?

The research director for worldwide international payments at a premier global provider of market intelligence for the information tech, telecommunications and consumer technology markets has hinted that blockchain has the potential to make money transfers, including cross-border payments, far less costly and more efficient in 2018.

| News | Australia

Moneygram testing Ripple XRP for Money Transfers

Money transfer giant MoneyGram International announced on January 12, 2018 that it would begin testing the cryptocurrency XRP – managed by the fintech firm Ripple – to make transfers faster and more efficient. 

| News | Crypto Currency Guides

MoneyGram and Ripple announce test partnership

Blockchain company Ripple has announced a partnership with funds transfer powerhouse MoneyGram. The agreement represents a significant shift, as MoneyGram will be one of the first to implement the use of XRP, Ripple's digital currency, in its services. XRP has faced serious questions about its practicality, despite its rapid increase in value.

| News | US

Changing pounds for the greenback? Save on your international transfers with a currency exchange provider

Save money on your international transfers and use a foreign currency exchange broker, as sterling fluctuates around news on brexit negotiations or economic data, lock in a future exchange rate through one of these brokers and save money on bank fees on your regular international transfers.
By Rachel Doyle | | Money Transfer Guides | See more in Money Transfer Guides

Paypal diversifies its offering and may look at cryptocurrencies again

Paypal continues to invest strategically to deliver digital payment innovations to merchants and customers alike. The company’s growth continues apace as a series of strategic partnerships with customer reward cards, Samsung Pay, Mastercard and Visa extend Paypal’s reach. Paypal has recently extended its reach into investments as it looks to extend its financial capabilities and has indicated that it may look at cryptocurrencies again
By Rachel Doyle | | US | See more in Business Guides

Transfermate funding from Allied Irish lights the way for fintech to be embraced by banks

Transfermate agrees investment of $35million in an apparent link deal that see support for cross border payment firms and traditional financial institutions. Challenges exist for banks looking to embrace alternative technology and innovating in the traditional banking sector. International B2B transfer payments partnerships and investment are likely to rise as the traditional banking sector attempts to innovate.
By Rachel Doyle | | UK | See more in Business Guides

US students in Australia save thousands pairing with a currency exchange provider

Aussie universities grab additional top 100 slot in world rankings Seven Australian universities feature in this year’s top 100 universities within the QS World University Rankings® (2018) If you are considering gaining your bachelors oversea, studying in Australia is a good option. Savvy US students save more by using a currency exchange broker
By Rachel Doyle | | US | See more in Personal Guides

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