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

TransferWise Teams Up With Groupe BPCE To Offer In-App Transfers
TransferWise Teams Up With Groupe BPCE To Offer In-App Transfers
June 04, 2018  |  Banking

With a partnership between TransferWise and Groupe BPCE, customers of the European banking group will be able to use TransferWise’s international money transfer service directly through...

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Will Consumers Buy Airline Tickets Via Bank Accounts?
Will Consumers Buy Airline Tickets Via Bank Accounts?
May 14, 2018  |  International

A payments initiative, backed by Germany-based Deutsche Bank, could lead to another web-based payment option for airline passengers and diminished revenue for credit card providers....

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MoneyGram Seeks More Digital Gains In 2018
MoneyGram Seeks More Digital Gains In 2018
May 08, 2018  |  Earnings

MoneyGram’s first-quarter revenue and earnings missed Wall Street expectations on Tuesday (May 8), but the company is reporting early benefits from a new money transfer...

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Adjusting To The New Normal
Adjusting To The New Normal
April 13, 2018  |  Today In Data

The only constant in the world is change: whether it’s the changing shape of the EU, the resetting of rules on how to pay or...

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States Press Regulators To Simplify FinTech Licensing
States Press Regulators To Simplify FinTech Licensing
February 06, 2018  |  Bank Regulation

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting...

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How RBC Put The Pizzazz Into P2P Payments
How RBC Put The Pizzazz Into P2P Payments
January 19, 2018  |  Payment Methods

People love to give the gift of cash, and their friends and family typically love to receive it: Cash guarantees that the recipient gets a...

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Ripple Links With MoneyGram For XRP Trial
Ripple Links With MoneyGram For XRP Trial
January 11, 2018  |  News

Blockchain player Ripple is linking with MoneyGram to pilot XRP, the digital currency, for use in the latter’s payment flows. In a Thursday announcement, the...

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Western Union Digital Now 10 Percent Of C2C Business
Western Union Digital Now 10 Percent Of C2C Business
November 03, 2017  |  Earnings

Western Union reported third-quarter results Thursday (Nov. 2) that showed strong digital growth, up 23 percent year on year, with an overall beat on both...

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