Stablecoins Enter Remittances as Zepz Teams Up with Western Union and MoneyGram in Wallet Competition
Zepz Introduces Stablecoin Wallet Amid Growing Competition in Money Transfers With the rise of stablecoin transfers, leading money transfer companies are stepping up to embrace newer trends in cross-border payments. Zepz, the parent company of WorldRemit and Sendwave, has recently launched its own cryptocurrency wallet focused on stablecoin services for its customers. It seems that […]
MoneyGram hack exposes customers’ sensitive data, cripples services
MoneyGram confirmed a data breach that exposed sensitive customer data to hackers, causing its service to go offline for five days in September 2024. The American payments and remittance platform, which operates from 350,000 locations in 200 countries and through mobile apps and websites, revealed that hackers stole varying amounts of sensitive customer information. This […]