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

Western Union Picks Mastercard Send For Receiver Disbursements
Western Union Picks Mastercard Send For Receiver Disbursements
October 26, 2017  |  Mastercard

Mastercard and Western Union announced news on Wednesday (Oct. 25) that they forged an alliance to integrate Mastercard Send into the Western Union Money Transfer...

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PayPal Launches Instant Cash Out
PayPal Launches Instant Cash Out
June 21, 2017  |  Ecosystems

PayPal has announced that going forward Venmo users can instantly transfer funds from the app to their bank account. Karen Webster got the inside scoop...

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Blockchain Tracker: Blockchain’s Possible Impact On The Economy
Blockchain Tracker: Blockchain’s Possible Impact On The Economy
June 09, 2017  |  Blockchain

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? With eCommerce transactions moving at the speed of...

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Why Smartphones Are Payments’ Biggest Innovators
Why Smartphones Are Payments’ Biggest Innovators
May 23, 2017  |  News

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. In this edition of the...

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Western Union Launches 40th Wu.com Website For Money Transfers
Western Union Launches 40th Wu.com Website For Money Transfers
May 11, 2017  |  Payment Methods

The Western Union Company, a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital...

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Western Union Teams Up With Facebook Messenger For Global Money Transfers
Western Union Teams Up With Facebook Messenger For Global Money Transfers
April 19, 2017  |  Payment Methods

Score another win for Facebook with Western Union’s latest announcement at the social media giant’s F8 annual developer conference. As we’ve reported, there have been various...

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Remitly Expands To The UK
Remitly Expands To The UK
April 12, 2017  |  eCommerce

Amazon-backed independent digital money transfer startup Remitly recently told Reuters that it had launched its remittance services for users seeking to transfer money from the...

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Western Union US Customers Can Now Use Apple Pay For Mobile Money Transfers
Western Union US Customers Can Now Use Apple Pay For Mobile Money Transfers
April 05, 2017  |  Apple Pay

Western Union announced in a statement that U.S. mobile app customers can now use Apple Pay when sending money transfers originating in the United States...

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CGI Launches SEPA Instant Credit Transfer Service
CGI Launches SEPA Instant Credit Transfer Service
March 02, 2017  |  Payment Methods

CGI announced Wednesday (March 1) the launch of a new, real-time Single Euro Payments Area (SEPA) instant credit transfer solution. In a press release, CGI...

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