money transfer

Money Transfers 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: businessdictionary.com

Walmart Redefines The Paycheck
Walmart Redefines The Paycheck
July 20, 2018  |  Alternative Finances

When people talk about the plight of living paycheck to paycheck, Even Responsible Finance CEO Jon Schlossberg told Karen Webster in a recent conversation, they...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Security & Fraud

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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Amid New Google Pay Features, Users Can Split The Bill
Amid New Google Pay Features, Users Can Split The Bill
July 10, 2018  |  Mobile Payments

Google Pay is rolling out new features that, among other things, let users send and request money, through the merging of the Google Pay and...

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Saxo Bank Breaks Away From Banking Circle
Saxo Bank Breaks Away From Banking Circle
July 10, 2018  |  B2B Payments

Saxo Bank has divested its global B2B payments solution Banking Circle, according to a Monday (July 9) press release. Investment firm EQT, through EQT VIII...

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Western Union Customers Have New Way To Send Money
Western Union Customers Have New Way To Send Money
July 06, 2018  |  International

Western Union announced Thursday (July 5) that it has inked a deal with Post Bank, one of Russia’s largest banks, to enable customers to use...

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‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
June 25, 2018  |  International

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. According to...

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Zelle Projected To Grow More Than 73 Percent In 2018
Zelle Projected To Grow More Than 73 Percent In 2018
June 15, 2018  |  Payment Methods

With Zelle projected to overtake Venmo, eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle...

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Circle In Early Talks For US Banking License
Circle In Early Talks For US Banking License
June 06, 2018  |  Banking

Months after rolling out a crypto trading platform, Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license...

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Xoom Bumps Limits For X-Border Payments To 25K
Xoom Bumps Limits For X-Border Payments To 25K
June 05, 2018  |  Mobile Payments

The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United...

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