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
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...

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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...

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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...

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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...

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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...

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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. Get the Full Story Complete...

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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...

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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....

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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...

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