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.
Wise Nasdaq Dual-Listing (May 2026): What It Means
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.
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Pakistan Remittances on Track for Record $41 Billion: Cheapest Way to Send GBP to PKR
Pakistan is on track for a record $41 billion in remittances in fiscal 2025-26, up from $38.3B in FY25. UK→Pakistan alone hit $532M in February. Here's how the top providers compare on GBP to PKR right now.
Read more →Fed Proposes Opening FedNow to Cross-Border Payments: What It Means for International Transfers
The Federal Reserve Board voted unanimously to propose allowing intermediaries on FedNow for international payments, which would let the instant payment system carry the US leg of cross-border transfers. Here's what it could change for senders.
Read more →IRS Publishes Remittance Tax Rules: What Senders Need to Know
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 →Is Your Money Safe with Wise and Revolut? New FCA Safeguarding Rules Explained
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 →EU Instant Payments Now Mandatory: Eurozone Banks Must Offer 10-Second Euro Transfers
The EU Instant Payments Regulation (EU 2024/886) is now in full force for eurozone banks. Eurozone banks must now offer euro transfers that settle within 10 seconds, 24/7, at no extra charge. Here's what it means for sending money to Europe.
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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 record lows, and the Supreme Court struck down IEEPA tariffs. Here's what one year of trade war means for your international transfers.
Read more →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 — Mastercard's biggest crypto deal to date. Here's what it could change for regular senders.
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CBN Directive: Nigeria Remittances to Settle in Naira
From May 1, money transfer operators must settle remittances to Nigeria through naira accounts, which the Nigerian press reads as the end of dollar payouts. What it means for senders, and what to do before the deadline.
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Venmo Goes Global: PayPal vs Wise vs Remitly — Who Wins on Price?
PayPal just opened Venmo to 200M PayPal users in 90 countries with no transfer fee through August 24. But Venmo's 4% currency conversion spread applies throughout. Can it compete with Wise and Remitly? Our analysis.
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Mexico's $62B Remittance Corridor Goes Digital — What It Means for Senders in
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.
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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.
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GCash Drops All Fees for Filipino Transfers to the Middle East — Philippine Congress Pushes for Sector-Wide Waiver
GCash is waiving fees for Filipinos in the Gulf sending money home, and separately making transfers from the Philippines to the UAE, Saudi Arabia, Qatar and Oman free through March 31. Meanwhile, the Philippine House adopted a resolution urging all providers to waive OFW remittance fees.
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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 →How Central Bank Rate Decisions Affect Your Money Transfers
Fed held at 3.50–3.75%, Bank of Japan held at 0.75%, Bank of England held at 3.75%, RBA raised to 4.10%. How central bank interest rate decisions move exchange rates — and what to do before, during, and after rate announcements to protect your transfer.
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US Remittance Excise Tax in Force Since January
A federal excise tax on cash-funded international transfers went live in January 2026. Here's what it means for senders, providers, and the broader remittance market.
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Analysis: Rwanda's Ambitions as Africa's Fintech Hub and What It Means for Remittances
What Rwanda's documented fintech innovation work could mean for receiving remittances—and what evidence would demonstrate a better RWF payout.
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SendMoneyCompare Now Shows Promo Codes & Referral Bonuses Alongside Rates
Our comparison platform now displays sign-up offers, referral rewards, and active promo codes for 15 providers — so you can factor in bonuses when choosing where to send.
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Revolut Files for a US National Bank Charter
Revolut files for a US national bank charter with the OCC and FDIC in March 2026, with about $500M of US investment planned. What this means for Revolut's 70M+ customers and US money transfers.
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Stripe Reportedly Exploring PayPal Acquisition in Landmark Fintech Deal
Sources say the $159 billion payments giant is in early-stage conversations about acquiring all or part of PayPal, which would reshape the global payments landscape.
Read more →Looking for in-depth guides?
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Archive
- Analysis: What Interest-Bearing Digital Yuan Wallets Could Mean for Cross-Border Payments
- South Africa's Absa and Thunes Launch Digital Remittance Service Targeting 18 Countries
- Stablecoins Are Quietly Becoming the Backbone of Cross-Border B2B Payments
- Embedded Finance Payouts: Who Holds the Money When a Withdrawal Fails