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 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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WorldRemit Secures $45M To Take On Western Union
WorldRemit Secures $45M To Take On Western Union
February 11, 2016  |  Payment Methods

WorldRemit has secured another major investment round to help it remain competitive in the crowded money transfer market. As reported by TechCrunch, WorldRemit has now...

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GAIN Capital Launches Cross-Border Payments Service
GAIN Capital Launches Cross-Border Payments Service
February 10, 2016  |  International

GAIN Capital, a global provider of online trading services, has announced its plans to join the cross-border payments market with the launch of its new...

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Remitly Nears $1B Mobile Money Transfer Mark
Remitly Nears $1B Mobile Money Transfer Mark
January 13, 2016  |  Mobile Payments

Remitly, a U.S.-based mobile payments service, is nearing its next milestone. The company announced yesterday (Jan. 12) that its money transfer growth grew more than...

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Western Union, PayPal, JPMC Make CFPB’s Complaint List
Western Union, PayPal, JPMC Make CFPB’s Complaint List
December 23, 2015  |  International

The Consumer Financial Protection Bureau said Tuesday (Dec. 22) that it has released the latest iteration of its monthly consumer complaint exploration, listed as a snapshot. This...

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Pangea Launches Real-Time Debit-To-Debit Global Transfers
Pangea Launches Real-Time Debit-To-Debit Global Transfers
December 18, 2015  |  International

International money transfer platform Pangea launched its new debit-to-debit transfer product yesterday (Dec. 17). The new offering will allow users to send money via the...

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Fastacash Makes Global Money Transfers Social
Fastacash Makes Global Money Transfers Social
October 29, 2015  |  International

Singapore-based Fastacash is partnering with money transfer company Xpress Money Services to make international payments cheaper by using a platform most people interact with on...

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