money transfers

Electronic funds transfer 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: en.wikipedia.org

Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
August 19, 2019  |  Data Dive

The official end of summer is now less than two weeks away, but payments and commerce got an early jump on getting back to the fall...

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Real-Time Payments, Venmo And SCA Delay Top Week’s News
Real-Time Payments, Venmo And SCA Delay Top Week’s News
August 16, 2019  |  The Weekender

Top News Why FedNow Will Slow Real-Time Payments “I’m from the government and I’m here to make sure you get your paychecks faster – even...

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TransferWise Helps Argentina Consumers Move Money Cross-Border
TransferWise Helps Argentina Consumers Move Money Cross-Border
August 15, 2019  |  Digital Payments

FinTech unicorn TransferWise is now offering its money transfer services in Argentina, letting users move money to and from over 60 countries, the company said...

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P2P Payments Find Fresh Fuel As The 2020s Loom
P2P Payments Find Fresh Fuel As The 2020s Loom
August 14, 2019  |  Digital Payments

Peer-to-peer (P2P) payments are blazing a hotter path in the digital economy as the second half of 2019 gets underway – and there is fresh...

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Western Union Teams With UK’s Post Office To Digitize Global Payments
Western Union Teams With UK’s Post Office To Digitize Global Payments
July 18, 2019  |  Digital Payments

Western Union has announced a collaboration with the United Kingdom’s Post Office Ltd. to offer U.K. consumers and businesses expanded digital international payment services. The...

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Remitly Scores $135M To Expand Globally
Remitly Scores $135M To Expand Globally
July 10, 2019  |  Investments

Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company...

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G7 Raises Concerns Over Facebook’s Libra
G7 Raises Concerns Over Facebook’s Libra
June 19, 2019  |  Cryptocurrency

Facebook’s Tuesday (June 18) news of the launch of its Libra cryptocurrency was heard around the world, and the Group of Seven (G7) nations definitely...

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TransferMate Gets Payment License In Singapore; Shanghai Commercial Bank Teams With EMQ
TransferMate Gets Payment License In Singapore; Shanghai Commercial Bank Teams With EMQ
May 29, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferMate’s approval for a payments license in Singapore, Chinese bank Shanghai...

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TransferWise Becomes Europe’s Most Valuable FinTech
TransferWise Becomes Europe’s Most Valuable FinTech
May 22, 2019  |  Fintech Investments

TransferWise, the U.K. money transfer startup, has raised $292 million in a round of funding, giving it a valuation of $3.5 billion. To date, TransferWise...

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