money transfer

Money Transfers are electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

Source: businessdictionary.com

With New Deal, Western Union And M-PESA Make Global P2P Wave
With New Deal, Western Union And M-PESA Make Global P2P Wave
November 07, 2018  |  Global Payments

Western Union and M-PESA announce today a global P2P partnership that will make it easier for M-PESA customers to send money outside of Kenya and...

READ MORE >
Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon
Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon
November 02, 2018  |  Earnings

Double-digit growth marked Western Union's digital offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth spanning several cross-border...

READ MORE >
Paytm Founder Targeted In Blackmail Scheme
Paytm Founder Targeted In Blackmail Scheme
October 24, 2018  |  Security & Fraud

Three people have been remanded in India over an alleged plot to blackmail the founder of Paytm for $2.7 million. According to Reuters on Monday (Oct....

READ MORE >
Azimo Steps Into Business Payments Space
Azimo Steps Into Business Payments Space
October 19, 2018  |  B2B Payments

Payments company Azimo, which has typically focused on consumer money transfers, is now stepping into the business payments space. The company announced this week a...

READ MORE >
PayPal Posts 25 Pct Jump In Payments Volume
PayPal Posts 25 Pct Jump In Payments Volume
October 19, 2018  |  Earnings

PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and high single-digit boosts...

READ MORE >
SWIFT Exit For Iran As Sanctions Loom?
SWIFT Exit For Iran As Sanctions Loom?
October 18, 2018  |  B2B Payments

SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and...

READ MORE >
Viamericas Rolls Out Mastercard Cash Pick-Up Across The Country
Viamericas Rolls Out Mastercard Cash Pick-Up Across The Country
October 17, 2018  |  Cash

Viamericas, the money transmitter offering international money transfer, bill payment, check processing and top-up services at thousands of agent locations across the United States, on...

READ MORE >
PayPal Cash Comes To Walmart
PayPal Cash Comes To Walmart
October 12, 2018  |  Partnerships / Acquisitions

For 73 percent of Americans, participating in the digital economy is easy. All they have to do is secure internet access, enter their relevant credit,...

READ MORE >
WhatsApp Caves To India Payments Data Demands
WhatsApp Caves To India Payments Data Demands
October 09, 2018  |  Regulation

WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data...

READ MORE >