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

Revolut Suspends New Card Issues As It Seeks Its Own License
Revolut Suspends New Card Issues As It Seeks Its Own License
November 24, 2016  |  Payment Methods

Revolut, the international money exchange service, is temporarily halting the opening of new accounts. According to a report by Business Insider, which cited Revolut Founder and...

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Walmart Lowers The Cost Of Transferring Money
Walmart Lowers The Cost Of Transferring Money
October 27, 2016  |  Payment Methods

Walmart Stores, along with Ria Money Transfer and MoneyGram International, announced Wednesday (Oct. 26) it is making the necessity of transferring money even more affordable...

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Busting The MoneyGram Myths
Busting The MoneyGram Myths
July 28, 2016  |  Payment Methods

When MoneyGram CEO, Alex Holmes, joined the firm in 2009, the iPhone was two and the digital revolution just revving up. Holmes tells Karen Webster...

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Western Union Brings Cuba Digital Money Transfers
Western Union Brings Cuba Digital Money Transfers
June 08, 2016  |  International

Global payments company Western Union announced on Tuesday (June 7) that it is bringing mobile and online money transfers to Cuba through the Western Union...

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Orange/Ecobank Launch Bank-To-Wallet Money Transfer Service
Orange/Ecobank Launch Bank-To-Wallet Money Transfer Service
March 22, 2016  |  International

Through a new partnership, customers of both Ecobank and Orange will have the ability to top up their Orange Money eWallets through their bank accounts...

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Western Union, Xoom Headed To Cuba
Western Union, Xoom Headed To Cuba
March 22, 2016  |  International

Western Union announced its plans to launch remittance services from across the world into Cuba on Monday (March 21), closely following the U.S. regulatory and...

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WorldRemit Expands Into California
WorldRemit Expands Into California
February 25, 2016  |  Payment Methods

Mobile money transfer service WorldRemit announced Wednesday (Feb. 24) that it has launched in California. Regarded as the U.K.’s fasted growing startup, WorldRemit said it...

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Western Union Under Watch As EU Eyes Money Transfer Market
Western Union Under Watch As EU Eyes Money Transfer Market
February 24, 2016  |  Security & Fraud

Western Union is being questioned by the European Union’s antitrust regulators in relation to allegations that it conspired with banks to push its rivals out of...

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