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

MoneyGram, Ant And Making The “Unbanked’s Bank”
MoneyGram, Ant And Making The “Unbanked’s Bank”
May 18, 2017  |  Financial Inclusion

On Tuesday, MoneyGram’s shareholders gave an unequivocal thumbs up to the buyout by Ant Financial. With one more hurdle yet to clear, CFIUS approval, MoneyGram CEO Alex Holmes tells Karen...

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BillMo’s Value Proposition To Disrupt Money Transfers
BillMo’s Value Proposition To Disrupt Money Transfers
May 04, 2017  |  Mobile

With a $500 billion market opportunity and the proliferation of mobile devices among unbanked or underbanked consumers globally, the money transfer space is primed and...

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Azimo Adds Payments Via Phone Number To Its App
Azimo Adds Payments Via Phone Number To Its App
April 27, 2017  |  Payment Methods

Azimo, the U.K. money transfer startup that has the backing of Rakuten, is reportedly launching a new feature that enables users to easily send money...

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Panic Arises As Chinese Company Plans To Acquire U.S. MoneyGram
Panic Arises As Chinese Company Plans To Acquire U.S. MoneyGram
April 03, 2017  |  Partnerships / Acquisitions

Foreign interference with U.S. organizations or the government is always a concern. Following the 2016 presidential election, this concern has likely only increased its level....

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TransferGo Adds Real-Time Payments
TransferGo Adds Real-Time Payments
October 25, 2016  |  Faster Payments

Global money remittance provider TransferGo announced on Monday (Oct. 24) the addition of a real-time payment option called TransferGo NOW. The new service will enable...

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Azimo Launches New Version Of Mobile App
Azimo Launches New Version Of Mobile App
October 20, 2016  |  Mobile Applications

Azimo, the money transfer service, announced Wednesday (Oct. 19) the launch of a brand new version of its mobile app, designed to revolutionize the mobile...

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TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
August 17, 2016  |  B2B Payments

U.K. money transfer company TransferWise secured unicorn status earlier this year, and now, the peer-to-peer FinTech firm has a new goal on the horizon. Tuesday (Aug....

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Bangladesh Bank Heist Now Involves Casinos
Bangladesh Bank Heist Now Involves Casinos
March 30, 2016  |  Security & Fraud

As details of the bank heist that allowed hackers to lift nearly $81 million from the central bank of Bangladesh continue to emerge, the story...

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