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 With Alipay For Money Transfers In China
TransferWise Teams With Alipay For Money Transfers In China
March 17, 2020  |  Payment Methods

London-based FinTech unicorn TransferWise said on Tuesday (March 17) that it is partnering with Alibaba’s Alipay to power international money transfers in China.  “We’re on...

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Visa Teams With Nigeria’s Paga For Global FinTech
Visa Teams With Nigeria’s Paga For Global FinTech
March 09, 2020  |  Partnerships / Acquisitions

Visa is partnering with the Nigeria-based startup Paga to bring payments technology to Africa and abroad, according to reports on Monday (March 9). Paga has...

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Paysend Launches Mobile Multi-Currency Wallet In Europe
Paysend Launches Mobile Multi-Currency Wallet In Europe
February 20, 2020  |  International

The U.K. FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on...

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La Banque Postale Customers Can Send Global Transfers Via Western Union
La Banque Postale Customers Can Send Global Transfers Via Western Union
January 28, 2020  |  Partnerships / Acquisitions

French banking subsidiary La Banque Postale is teaming up with Western Union to expand cross-border payments, Western Union announced on Tuesday (Jan. 28). La Banque...

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Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
January 22, 2020  |  Partnerships / Acquisitions

Western Union is partnering with global telecommunications firm Bharti Airtel for global money transfers across emerging markets in Africa and India, Western Union announced on...

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Western Union, Du Xiaoman Boost Real-Time Payouts In China
Western Union, Du Xiaoman Boost Real-Time Payouts In China
January 10, 2020  |  Partnerships / Acquisitions

Global payment services firm Western Union is partnering with Du Xiaoman Financial (formerly FinTech Baidu Finance) to roll out real-time international money transfers to more...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A...

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Garanti BBVA Launches QR Codes For Business Banking Transactions
Garanti BBVA Launches QR Codes For Business Banking Transactions
December 19, 2019  |  B2B Payments

Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company announced in a...

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Western Union Enables In-App Donations For US Customers
Western Union Enables In-App Donations For US Customers
December 10, 2019  |  Mobile Applications

U.S. customers can now make a donation to the Western Union Foundation when transferring money using the Western Union app, the company said in a...

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