Loading...
News & Announcements
The latest on international money transfers, provider updates, regulatory changes, and industry trends.
The international money transfer industry is evolving rapidly — new regulations, provider launches, and technology shifts can directly affect how much you pay to send money abroad. We track the developments that matter most to consumers and businesses making cross-border payments.
From central bank policy changes that move exchange rates, to new instant payment mandates that speed up delivery times, to provider-specific updates on fees and coverage — our news coverage focuses on the practical impact for people who send money internationally.
Industry News
Wise Nasdaq Listing May 11, 2026: What the Dual-Listing Means for Your Transfers
Wise confirms primary listing switch to Nasdaq on May 11, 2026 after moving £181.7B in FY26 for 18.9M customers. What changes for senders, and how it reshapes the Wise vs Revolut race.
Read more →
Industry News
Pakistan Remittances Hit Record $41 Billion in 2026: Cheapest Way to Send GBP to PKR
Pakistan is on track for a record $41 billion remittance year in 2026, up from $38B last year. UK→Pakistan alone hit $532M in February. Here's how the top providers compare on GBP to PKR right now.
Read more →
Industry News
INR at 92.98/USD (April 2026): Should You Send Money to India Now or Wait?
The rupee is 9.18% weaker than a year ago at ₹92.98/USD, with the RBI actively intervening in FX markets. Here's a decision framework for when to send USD/INR and GBP/INR transfers — and how much timing really matters.
Read more →
Provider Update
Revolut Adds 14 Africa Corridors (April 2026): Airtel Money, MTN, Orange Money Integration
Revolut expanded international transfers with 14 new payment corridors across 9 African countries, plugging into Airtel Money, MTN, and Orange Money. Here's what it means for UK→Africa senders and how it compares to Wise and WorldRemit.
Read more →Regulatory
FedNow Opens to Cross-Border Payments: What It Means for International Transfers
The Federal Reserve unanimously voted to allow intermediaries on FedNow for international payments — the first time the instant payment system can be used for cross-border transfers. Here's what changes for senders.
Read more →Regulatory
IRS Publishes Remittance Tax Rules: What Senders Need to Know (April 2026)
The IRS published proposed regulations for the 1% remittance transfer tax on April 10, 2026. Key clarification: digital transfers are exempt — the tax only applies to cash, money orders, and cashier's checks. Here's the full breakdown.
Read more →Regulatory
Is Your Money Safe with Wise and Revolut? New FCA Safeguarding Rules Explained (May 2026)
New FCA rules taking effect May 7, 2026 require Wise, Revolut, and all UK payment firms to ring-fence customer money with daily reconciliation, annual audits, and wind-down plans. Here's what it means for your transfers.
Read more →Regulatory
EU Instant Payments Now Mandatory: Every Euro Transfer Must Settle in 10 Seconds
The EU Instant Payments Regulation (EU 2024/886) is now in full force for eurozone banks. Every euro transfer must settle within 10 seconds, 24/7, at no extra charge. Here's what it means for sending money to Europe.
Read more →
Industry News
One Year After Liberation Day: How Trump's Tariffs Changed the Cost of Sending Money Abroad
The DXY dollar index fell to 99.9, the Indian rupee hit a record low of 88.8, and the Supreme Court struck down IEEPA tariffs. Here's what one year of trade war means for your international transfers.
Read more →Industry News
Mastercard's $1.8B Bet on Stablecoins: What It Means for Your Remittance Fees
Mastercard is acquiring stablecoin infrastructure firm BVNK for $1.8 billion — the largest crypto deal in payments history. It could slash corridor fees from 6-8% to 1-2%. Here's what changes for regular senders.
Read more →Industry News
Global Remittance Costs Drop to 6.0% in Q1 2026 — But Your Corridor May Be Higher
The World Bank's latest Remittance Prices Worldwide data shows the global average cost of sending $200 fell to 6.0% in early 2026. But costs vary wildly by corridor — from 2% (India) to 15%+ (Sub-Saharan Africa). Here's what it means for senders.
Read more →Industry News
April 2026 Central Bank Calendar: ECB, Fed Minutes, RBA & BoC Rate Decisions
Four major central bank events in April 2026 could move GBP, EUR, USD, AUD, and CAD exchange rates. Here's when decisions land and how they affect your international transfers.
Read more →
Regulatory
Send Money to Nigeria: New CBN Naira-Only Rule Changes Everything (March 2026)
From May 1, all remittances to Nigeria must settle in naira — no more dollar payouts. Compare how Wise, Remitly, WorldRemit and Western Union are adapting, and what diaspora senders should do before the deadline.
Read more →
Provider Update
Venmo Goes Global: PayPal vs Wise vs Remitly — Who Wins on Price? (March 2026)
PayPal just opened Venmo to 200M users in 90 countries with $0 fees through August. But with 3-4% FX markups after the promo, can Venmo compete with Wise (0.4%) and Remitly on international transfers? Our analysis.
Read more →
Industry News
1% US Remittance Tax Update: Cash Senders Switching to Digital Faster Than Expected (March 2026)
New survey data 3 months after the US excise tax: transactions rose from 14 to 18/year, cash is declining fast, and digital providers like Wise and Remitly are surging. Save $500-1,000/year by switching — here's how.
Read more →
Industry News
Mexico's $62B Remittance Corridor Goes Digital — What It Means for Senders in 2026
Cash remittances to Mexico are declining rapidly as digital transfers surge. Bloomberg reports the world's largest corridor is going cashless — here's how it affects your costs.
Read more →
Industry News
Fed Holds Rates Steady, Signals Just One Cut in 2026 — What It Means for Your Transfers
The Federal Reserve kept rates at 3.5–3.75% and the dot plot projects only one cut this year. Here's how the stronger dollar affects remittance costs across key corridors.
Read more →
Provider Update
GCash Drops All Fees for Filipino Transfers to the Middle East — Philippine Congress Pushes for Sector-Wide Waiver
GCash is offering zero-fee transfers to the UAE, Saudi Arabia, Qatar, and Oman through March 31. Meanwhile, the Philippine House passed a resolution urging all providers to waive OFW remittance fees.
Read more →
Industry News
75% of Cross-Border Payments Now Arrive in 10 Minutes — But Stablecoins Are Coming for the Rest
SWIFT says three-quarters of international payments reach banks in under 10 minutes. Meanwhile, Thunes just connected 500 million stablecoin wallets to the SWIFT network. The race to eliminate slow, expensive transfers is accelerating.
Read more →Industry News
How Central Bank Rate Decisions Affect Your Money Transfers (2026)
Fed held at 3.5%, Bank of Japan hiked, Bank of England held, RBA signalled caution. How central bank interest rate decisions move exchange rates — and what to do before, during, and after rate announcements to protect your transfer.
Read more →Looking for in-depth guides?
Our in-depth guides cover everything from choosing the right provider to understanding exchange rates.