FXCintelligence - payment industry trends & predictions

Payment Industry Analysis

Latest cross-border payments market share numbers for Western Union, MoneyGram, Ria, WorldRemit, TransferWise, Remitly, Revolut, Small World Financial
We look at the recent growth and profitability of the cross-border sector with some clear patterns. Western Union's platform strategy, Mexico's opportunity
Monzo, Revolut, N26, Bunq and many other neobanks and digital offer international payments. Many in the US such as Chime, Moven, Simple and Varo do not.
MoneyGram's share price has rallied. How is its mobile money transfer app performing, which markets is MoneyGram cheapest in
The fastest growing UK challengers
September 14th, 2019
We preview the 2018/2019 financial results of Revolut, TransferWise, CurrencyCloud, Global-e, ComplayAdvantage, Onfido and more
Ant Financial bought international payments company WorldFirst. WorldFirst has a new pricing strategy to gain market share and help scale
Western Union will cut 10% of its c.12,000 headcount, and consolidate its global offices to save $100m annually. MoneyGram also reported Q2 results this week.
Visa and Mastercard posted strong cross-border numbers. In remittances, Ria reported continued strong growth for Q2 2019.
We expect consolidation to continue in the cross-border sector but at a slower pace amongst payment companies compared to the large payment processors
Reducing the pain of processing payments and onboarding customers. Faster payment schemes Ebury TransferWise, Form3 and EBANX
Surprisingly few companies who started with cross-border payments have gone on to get banking licenses. Do Moneycorp, Revolut and InstaReM need them?
If you can show growth and continue to grow, a strong valuation will follow. TransferWise, WorldRemit, Western Union, Argentex, Finablr, Alpha FX, The Equals Group
Facebook announced Libra its crypto-currency blockchain project, squarely targeting the underbanked and remittances as its first use cases.
The likes of Azimo and Monese are exceptionally efficient at acquiring customers. TransferWise, Monzo and Starling are investing a lot per customer
Visa's cross-border strategy with investment in Earthport and partnerships with Currencycloud, FIS and Western Union
Has WorldRemit succeeded?
June 6th, 2019
WorldRemit's latest fundraising is one of the largest of a money transfer company. Customer targets are behind schedule and SMEs are now a target
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