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
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. In a press...

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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. One of Europe’s largest FinTech startups, TransferWise reported an...

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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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