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

WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
June 02, 2020  |  Partnerships / Acquisitions

The recession is upon us, and as consumers stash the cash, and wallets are walloped, a seismic shift may be brewing in the money transfer...

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Kasikornbank To Offer Nium’s FinTech Payments Platform
Kasikornbank To Offer Nium’s FinTech Payments Platform
May 19, 2020  |  International

FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. In a...

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The (Digital) Transformation Of Remittances, Bit By Byte
The (Digital) Transformation Of Remittances, Bit By Byte
May 14, 2020  |  Payment Methods

The pandemic has kept us all home — and for firms that have depended on walk-in business, transactions have slowed, or simply stopped. That’s certainly...

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MoneyGram’s Walk-In Business Hit By The Coronavirus As Digital Transactions Surge
MoneyGram’s Walk-In Business Hit By The Coronavirus As Digital Transactions Surge
May 01, 2020  |  Earnings

With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital transaction growth for...

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Western Union Expands Cross-Border Real-Time Money Transfers
Western Union Expands Cross-Border Real-Time Money Transfers
April 23, 2020  |  International

Money transfer firm Western Union has further expanded its global network for real-time payments and transfers to 50 additional countries when paid into certain banks...

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Santander FinTech PagoFX To Compete With TransferWise
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020  |  Banking

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider...

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Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup Plans
Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup...
March 27, 2020  |  News

In today’s top news, Western Union is launching a new tool for people to send money from home over a voice or video call, and...

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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
February 24, 2020  |  Bitcoin

Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Roughly 300 people...

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MoneyGram Enables P2P To A Phone Number
MoneyGram Enables P2P To A Phone Number
February 12, 2020  |  Mobile Payments

MoneyGram, known for its transfers via mobile app, has a new program called FastSend that will enable it to engage in cross-border peer-to-peer (P2P) transfers directly...

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