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 Expands Real-Time Payouts To Reach 80 Countries
Western Union Expands Real-Time Payouts To Reach 80 Countries
October 26, 2020  |  Cross-border Payments

In its ongoing efforts to beef up its international real-time payments network, Western Union has again expanded its payout options. The move was due in...

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Today In Digital-First Banking: Unifimoney Teams With Nium For Transfers; Volante Lands Grupo Financiero Banorte As New Client
Today In Digital-First Banking: Unifimoney Teams With Nium For Transfers; Volante Lands Grupo Financiero Banorte...
October 22, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, Unifimoney is joining forces with Nium for real-time money transfers, while Volante Technologies has landed Grupo Financiero Banorte...

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Unifimoney Partners With Nium For Real-Time Global Transfers 
Unifimoney Partners With Nium For Real-Time Global Transfers 
October 21, 2020  |  Cross-border Payments

Silicon Valley neobank startup Unifimoney is partnering with Singapore FinTech startup Nium for real-time money transfers across the globe, the companies said in a statement...

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Western Union Extends 35-Year Collaboration With Kroger
Western Union Extends 35-Year Collaboration With Kroger
October 14, 2020  |  Retail

Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday...

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EMQ Offers High-Value Settlements In Japan
EMQ Offers High-Value Settlements In Japan
October 07, 2020  |  B2B Payments

EMQ, a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan,...

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MoneyGram Extends Relationship With Walmart
MoneyGram Extends Relationship With Walmart
October 06, 2020  |  Partnerships / Acquisitions

MoneyGram International, the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. through March 2024, the Texas-based company announced...

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Mastercard, TransferWise Unveil Expanded Global Partnership
Mastercard, TransferWise Unveil Expanded Global Partnership
August 20, 2020  |  Partnerships / Acquisitions

Mastercard and TransferWise, the online money transfer startup, are taking their relationship to the next level. The credit card giant and the London-based, multibillion-dollar unicorn...

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Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

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MoneyGram’s Digital Transactions Grow 106 Pct YOY 
MoneyGram’s Digital Transactions Grow 106 Pct YOY 
July 31, 2020  |  Earnings

MoneyGram International Inc. reported that its digital transaction volume grew 106 percent year over year during Q2, as the firm capitalized on a digital transformation...

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