Skip to main content

Archive

Remitly Launches New Interac e-Transfer Feature for Convenient Money Transfers To and From Canada

Remitly introduces Interac e-Transfer® as both a payment method for customers sending from Canada and a delivery option for recipients in Canada. This feature streamlines the remittance experience by eliminating the need to enter bank account details in Remitly, making international money transfers more seamless and efficient.

Read more: Remitly Launches New Interac e-Transfer Feature for Convenient Money Transfers To and From Canada

Expanding Access to Morocco: A New Collaboration with WafaCash

We're thrilled to announce our latest collaboration with WafaCash, one of Morocco’s largest and most trusted payment service providers, serving around 12 million customers. This collaboration brings together Remitly’s innovative digital platform and WafaCash’s extensive network of over 3,000 branches across Morocco, including in rural areas.

Read more: Expanding Access to Morocco: A New Collaboration with WafaCash

Holiday Remittances: A Season of Giving That Powers Economies Around the World

As the holiday season approaches, remittance flows increase, reflecting the spirit of generosity and cultural traditions that unite families across borders. December marks the peak of remittance send volume, where holiday spending not only strengthens family bonds but also influences local economies.

Read more: Holiday Remittances: A Season of Giving That Powers Economies Around the World

How Remitly Is Tackling Fraud and Reducing Interventions with Machine Learning

Remitly's Identity & Trust team share how our improved machine learning capabilities enabled us to reduce our rate of fraud intervention by over 25% compared to the previous year, while also lowering our rate of transaction loss by over 30%, ensuring fast, secure transactions for millions of customers.

Read more: How Remitly Is Tackling Fraud and Reducing Interventions with Machine Learning