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

SMBs Claim Control Over Finances With B2B Payments Innovation

SMBs Claim Control Over Finances With B2B Payments Innovation
SMBs Claim Control Over Finances With B2B Payments Innovation
September 20, 2018  |  B2B Payments

There is a disconnect between the payment options businesses offer their customers and the options businesses use to pay each other. Between real-time payment options,...

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NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect
NEW DATA: An Inside Look At The B2B Payments Satisfaction And Usage Disconnect
September 17, 2018  |  B2B Payments

PYMNTS spoke with almost 400 executives across accounts payable (AP), accounts receivable (AR), payroll and treasury management roles to cut through the hype and gain...

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Remitly Expands Into 11 New Send Countries In Europe
Remitly Expands Into 11 New Send Countries In Europe
September 12, 2018  |  Cross Border Commerce

Remitly, the independent digital remittance company, announced on Wednesday (Sept. 12) that it has expanded into 11 new send countries across Europe. Get the Full...

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Western Union App Launches In Mexico
Western Union App Launches In Mexico
September 12, 2018  |  Mobile Applications

Western Union, the cross-border and cross-currency money movement company, announced on Wednesday (Sept. 12) that it has launched the Western Union App with omnichannel options...

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TransferWise Reports $3.9B In Transaction Volume/Month
TransferWise Reports $3.9B In Transaction Volume/Month
September 11, 2018  |  Investments

London-based money transfer firm TransferWise has revealed that has been profitable for the second year in a row. Get the Full Story Complete the form to unlock...

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Xoom, OXXO Pair On Money Transfer In Mexico
Xoom, OXXO Pair On Money Transfer In Mexico
September 07, 2018  |  Partnerships / Acquisitions

Xoom, PayPal’s international money transfer service, has announced a partnership with TransNetwork, which allows its U.S. customers to send money to loved ones in Mexico...

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WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
September 04, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition,...

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PayPal’s Xoom, Euronet’s Ria Pair On Remittances
PayPal’s Xoom, Euronet’s Ria Pair On Remittances
August 28, 2018  |  Partnerships / Acquisitions

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement....

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Europe Seeks SWIFT Alternative
Europe Seeks SWIFT Alternative
August 27, 2018  |  Europe

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide...

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