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, Kroger Pair On Bill Pay
MoneyGram, Kroger Pair On Bill Pay
December 19, 2018  |  Partnerships / Acquisitions

MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company. MoneyGram bill pay...

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TransferGo Raises $17.6M For X-Border Payments
TransferGo Raises $17.6M For X-Border Payments
December 14, 2018  |  Investments

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based...

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Xoom Expands Full Suite Of Send Services To Canada
Xoom Expands Full Suite Of Send Services To Canada
December 11, 2018  |  Cross Border Commerce

When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization marked the start...

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MoneyGram Mobile App Launches In 15 New Countries
MoneyGram Mobile App Launches In 15 New Countries
December 10, 2018  |  Mobile Applications

MoneyGram, a global money transfer and payment service, has launched a new mobile app that is available in the U.S. and 14 other countries, according...

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EPC Chair On SEPA’s Instant Credit Transfer, One Year In
EPC Chair On SEPA’s Instant Credit Transfer, One Year In
December 03, 2018  |  Digital Payments

Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds — or less...

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Kuwait Debuts FinTech Sandbox
Kuwait Debuts FinTech Sandbox
November 29, 2018  |  B2B Payments

As proof that FinTech sandboxes are going global, Kuwait has become the latest player in the Middle East to debut a framework. Elsewhere, a Kenyan...

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Where B2B Payments, Banking And Lending Connect
Where B2B Payments, Banking And Lending Connect
November 28, 2018  |  B2B Payments

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). With checks still...

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Grab Launches P2P Remittance Product
Grab Launches P2P Remittance Product
November 15, 2018  |  Digital Payments

Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s financial services arm....

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MoneyGram Settles With FTC For $125M
MoneyGram Settles With FTC For $125M
November 08, 2018  |  Security & Fraud

The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to...

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