PYMNTS-MonitorEdge-May-2024

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

Ripple News: Boosts X-Border Partnership Tally
Ripple News: Boosts X-Border Partnership Tally
May 07, 2019  |  B2B Payments

Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its xCurrent, geared toward...

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In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
May 03, 2019  |  Smarter Payments

For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for the best. In...

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Faster Payments’ Impact On India’s 100M Migrant Workers
Faster Payments’ Impact On India’s 100M Migrant Workers
May 02, 2019  |  Smarter Payments

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in...

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How Western Union Is Taking Global P2P Omnichannel
How Western Union Is Taking Global P2P Omnichannel
April 03, 2019  |  Digital Payments

It’s one of the rising ideals in this digital world of commerce and payments, a consumer expectation that doesn’t seem in danger of fading anytime...

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Data Dive, Big Launches Edition: Google, Sephora And PayPal
Data Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019  |  Data Dive

Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history...

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NFC Forum Shares Specs For QR Codes Alternative
NFC Forum Shares Specs For QR Codes Alternative
March 05, 2019  |  Payment Methods

The NFC Forum, the standards and advocacy association for Near-Field Communication (NFC) technology, released its NFC Money Transfer Candidate Specification (NMT) on Tuesday (March 5), giving...

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Prince Charles’ Charity Funded By Company With Russian Ties
Prince Charles’ Charity Funded By Company With Russian Ties
March 05, 2019  |  Security & Fraud

A charity run by Prince Charles received donations from a company used to transfer large amounts of cash from Russia. According to The Guardian, investigators...

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Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth
Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth
March 01, 2019  |  Partnerships / Acquisitions

The year 2019 is already shaping up as a big year for deal-making in financial services and payments. Western Union, of course, just sold Speedpay,...

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In South Korea: Calls For Greater Bank, FinTech Collaboration
In South Korea: Calls For Greater Bank, FinTech Collaboration
February 26, 2019  |  B2B Payments

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine a spotlight on...

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