According to the latest report from the World Bank, global money transfers reached a record $800 billion in 2025, reflecting a 7% increase from the previous year.

Fintech companies are increasingly integrating AI into money transfer services to provide personalized recommendations and detect fraud in real time.

The demand for instant money transfers is skyrocketing as more people rely on digital wallets and mobile apps. Financial institutions report that users now expect transfers to complete within seconds, not days.