digital transfers

Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
October 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed...

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Western Union Reports Increasing Digital Transfer Revenue in Q1
Western Union Reports Increasing Digital Transfer Revenue in Q1
April 28, 2022  |  Earnings

The Western Union Company has released its first quarter reports, saying that the revenue had been impacted by less retail money transfer along with its...

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Nacha Raises Per Payment Limit for Same Day ACH to $1M
Nacha Raises Per Payment Limit for Same Day ACH to $1M
March 18, 2022  |  Digital Payments

Nacha’s Same Day ACH has raised its per payment limit to $1 million on Friday (March 18), a press release said. The new threshold, up...

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Indonesia Rolls Out Standard QR Payment Codes; UAE Sees Rise In Outbound Remittances
Indonesia Rolls Out Standard QR Payment Codes; UAE Sees Rise In Outbound Remittances
May 30, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Western Union‘s rollout of an international money transfer service...

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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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