Xoom has announced a new turn-key solution, Xoom WebAgent that enables banks, credit unions, retailers and money transfer operators to build or expand their money transfer business without worrying about the complex logistical, technical and legal hurdles associated with operating a remittance business. Xoom announced that one of the first companies to begin using WebAgent is the Midwestern bank MetaBank.   » Continue Reading

Xoom has announced the launch of its money transfer service to Mexico and a partnership with HSBC for pickup at any of its 1,300 locations.

“We understand that people work hard for their money and we are excited to launch our safe, cost effective and convenient service to Mexico. HSBC is a terrific partner and is certain to offer our recipients in Mexico the best possible money transfer experience.”, said James Joaquin, Xoom’s President and CEO.