Remittance stories

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.

Unlimit launches Stable.com, a non-custodial platform enabling gasless, zero-fee stablecoin swaps and direct conversion across 150 currencies worldwide.

Mastercard partners with Thunes to enable near-instant payouts to stablecoin wallets via Mastercard Move, enhancing global digital payment options.

Ripple has launched its stablecoin, Ripple USD (RLUSD), on major exchanges, aiming to enhance global payments with regulatory compliance and transparency.

Ecommpay has launched its Payouts via Hosted Payment Page feature, streamlining payment processes for businesses lacking beneficiary information.

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

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

GBG regional general manager for ANZ, Carol Chris, discusses the key products and challenges faced by customers in the APAC region. #TechDay.