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Google Pay expands remittances market

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Google Pay now lets American users send money to India and Singapore


Google has launched international money transfer partnerships with money transfer firms Wise and Western Union Co.

The new feature will be accessible for users of its U.S. Google payments app.

Google Pay users in the U.S can now transfer money to app customers in India and Singapore…

There are further plans to expand to the 80 countries available via Wise, and 200 via Western Union by the end of the year.

Google’s role in the $470 billion remittance market, marks a further step by the technology company to expand its financial services offering.

No doubt it will see a ramping up of competition in the digital payments sector.

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

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Money

China’s shadow banking sector under the microscope

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How will China’s investigation into Zhongzhi Enterprise Group impact the shadow banking industry and the nation’s financial stability?

 
China has launched an investigation into the Zhongzhi Enterprise Group, a major shadow bank, over alleged financial crimes.

Authorities are scrutinizing the group’s operations amid concerns about illicit activities that may have repercussions on the country’s financial stability. #featured

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Shoppers angered at major U.S. retailer’s “unchanged” Black Friday sales

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Target in the United States has come under scrutiny for offering identical prices in its ‘Black Friday deals’ as those available throughout the year.

Shoppers are left perplexed by the lack of discounts, with many questioning the authenticity of the so-called Black Friday bargains.

Concerns arose when savvy consumers noticed that the prices of various products in Target’s Black Friday promotion were the same as those listed in previous months.

Shoppers took to social media to voice their frustrations, with one customer stating, “It’s the same, I don’t get it.” This revelation has raised questions about the transparency and ethics of retailers during the holiday shopping season.

While Black Friday traditionally marks the start of the holiday shopping frenzy, with retailers offering significant discounts to entice shoppers, Target’s decision to maintain regular prices has left shoppers wondering if they are truly getting a deal.

This has led to a broader discussion about the consumer experience during Black Friday and whether the shopping event has lost its original appeal.

With the rise of online shopping and increased competition among retailers, consumers are more price-conscious than ever.

Target’s pricing strategy has ignited a debate about the future of Black Friday and whether it can continue to attract shoppers with unchanged prices. As the holiday season unfolds, consumers are left to decide whether to seek out genuine deals or shop elsewhere.

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Remote workers shoulder rising job-related costs

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As the global workforce continues to adapt to the remote work revolution, a new concern is emerging among employees – the increasing burden of work-related expenses.