International Finance

Tag : Xpress Money

Fintech

Rise of holiday cash mule

Tourists are short-changing themselves by loading up on foreign currency before going abroad July 11, 2016: Concerns over access to money overseas are causing many holidaymakers to stockpile far more foreign currency than they need.  The trip to the local post office or bank to ‘stock up’ ahead of departure is a tradition which could be...
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Blackburn tops money transfer league in UK

Xpress Money highlights the most popular money transfer corridors in and out of the UK June 14, 2016: Blackburn is the money transfer capital of the UK, according to data from global money transfer experts Xpress Money. The company analysed transactions from thousands of UK customers over one month in 2016. Over double the amount...
Fintech

£390mn in foreign reserves languishing in British sock drawers

Study suggests that millions in ‘leftover’ currency from holidays and trips abroad is discarded April 18, 2016: There could be a hidden cost of travel abroad – and it’s not what many of us would expect.  According to research from Xpress Money Services, up to £390million in unchanged foreign currencies remains tucked in jars and...
Fintech

A new kind of social post

Enables UK adults to send embedded money on social media April 6, 2016: A new app has given a fresh meaning to the idea of posting “rich content” online by allowing users to transfer money using social channels.  Where “rich content” once meant images or video, the XOPO app enables users to send money directly...