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

MoneyGram Sees Top-Line Hit on Compliance, While Digital Gains 17 Pct YoY
MoneyGram Sees Top-Line Hit on Compliance, While Digital Gains 17 Pct YoY
August 03, 2018  |  Earnings

Money transfer giant MoneyGram beat expectations on the bottom line but missed on the top, as new compliance standards put in place by the company...

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Western Union: Dotcom Revenues Up 22 Percent Year Over Year
Western Union: Dotcom Revenues Up 22 Percent Year Over Year
August 03, 2018  |  Earnings

Investors may have been focused on slight misses on the top and bottom lines for Western Union, but a drill-down into the numbers shows continued...

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Western Union Teams With Albertsons For Money Transfer
Western Union Teams With Albertsons For Money Transfer
August 01, 2018  |  Partnerships / Acquisitions

Western Union announced it has partnered with Albertsons to enable consumer access to international and domestic money transfer and money order services, as well as...

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TransferGo Rolls Out Cryptocurrency Support
TransferGo Rolls Out Cryptocurrency Support
July 27, 2018  |  Cryptocurrency

To enable its customers to buy and sell five digital currencies, TransferGo has rolled out a crypto trading facility. Users can trade bitcoin, bitcoin cash,...

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Western Union Integrates With ecoPayz Platform
Western Union Integrates With ecoPayz Platform
July 24, 2018  |  Global Payments

Western Union announced on Tuesday (July 24) that ecoAccount digital wallet holders can now send Western Union international or domestic money transfers from the U.K....

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Today In Data: Consumers Trade Albums For Unbundled Songs
Today In Data: Consumers Trade Albums For Unbundled Songs
July 10, 2018  |  Today In Data

With consumers demanding more choices, experts say that the unbundling of media – such as music, newspapers and television programming – is the future. At...

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UK Faster Payments Glitch Causes Backlog
UK Faster Payments Glitch Causes Backlog
July 09, 2018  |  B2B Payments

A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to...

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Revolut Now Has 1M Customers In The UK
Revolut Now Has 1M Customers In The UK
July 05, 2018  |  Business

Revolut, the U.K. FinTech, announced Wednesday (July 4) it signed up one million customers in the U.K. and saved them over $330 million in fees....

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Western Union Hasn’t Seen The Benefit Of Using Ripple’s XRP Tokens Yet
Western Union Hasn’t Seen The Benefit Of Using Ripple’s XRP Tokens Yet
June 14, 2018  |  Cryptocurrency

Western Union’s chief executive Hikmet Ersek said this week that testing Ripple’s cryptocurrency XRP for payments hasn’t given the company any financial benefits as of yet....

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