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

Zelle Projected To Grow More Than 73 Percent In 2018
Zelle Projected To Grow More Than 73 Percent In 2018
June 15, 2018  |  Payment Methods

With Zelle projected to overtake Venmo, eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle...

READ MORE >
Circle In Early Talks For US Banking License
Circle In Early Talks For US Banking License
June 06, 2018  |  Banking

Months after rolling out a crypto trading platform, Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license...

READ MORE >
Xoom Bumps Limits For X-Border Payments To 25K
Xoom Bumps Limits For X-Border Payments To 25K
June 05, 2018  |  Mobile Payments

The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United...

READ MORE >
Kenya Moves To Regulate Digital Lending
Kenya Moves To Regulate Digital Lending
May 25, 2018  |  International

After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial...

READ MORE >
Letting The Air(TM) Out Of Venezuelan Hyperinflation
Letting The Air(TM) Out Of Venezuelan Hyperinflation
May 04, 2018  |  Latin America

Hyperinflation has driven the Venezuelan Bolivar to near uselessness. How are individuals supposed to save and manage money when their currency is hemorrhaging value? AirTM...

READ MORE >
Zelle’s Growing Pains With Fraud
Zelle’s Growing Pains With Fraud
April 23, 2018  |  Security & Fraud

While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Zelle was created as the...

READ MORE >
PayPal’s Bill Ready: Retailers And Taking The Digital Path Already Worn
PayPal’s Bill Ready: Retailers And Taking The Digital Path Already Worn
April 16, 2018  |  eCommerce

Wherever and whenever consumers shows up to shop, the merchant’s goal should always be the same: Make sure they buy and then turn them into...

READ MORE >
Santander Launches International Payment App Based On Ripple’s Blockchain Tech
Santander Launches International Payment App Based On Ripple’s Blockchain Tech
April 12, 2018  |  Blockchain

Banco Santander, the Spanish bank, announced on Thursday (April 12) the launch of a new international payments service that is based on Ripple’s blockchain technology....

READ MORE >
Square’s Cash App Comes To The UK
Square’s Cash App Comes To The UK
April 04, 2018  |  Mobile Payments

Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the U.K. is the...

READ MORE >