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

Lydia Enables Shared Sub-Accounts With Virtual Cards
Lydia Enables Shared Sub-Accounts With Virtual Cards
January 25, 2019  |  Mobile Applications

To help friends and roommates manage money, the French startup Lydia is letting users of its payment app share sub-accounts. They can also make a virtual...

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Sizzle Of The Week: Zelle’s Accelerating Growth
Sizzle Of The Week: Zelle’s Accelerating Growth
January 18, 2019  |  Sizzle/Fizzle

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank...

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TD Ameritrade Enables Instant Brokerage Account Funding Via Apple Pay
TD Ameritrade Enables Instant Brokerage Account Funding Via Apple Pay
January 15, 2019  |  Payment Methods

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Tuesday (Jan. 15) that it now enables customers to instantly fund a brokerage account with Apple Pay...

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In Hungary, Instant Payments Gain Traction
In Hungary, Instant Payments Gain Traction
January 04, 2019  |  Payment Methods

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. To that end, Reuters reported on...

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Kuwait Bank Taps Ripple For International Network
Kuwait Bank Taps Ripple For International Network
December 28, 2018  |  B2B Payments

The National Bank of Kuwait (NBK) has announced that it will incorporate RippleNet blockchain into its international network, offering 24-hour wire transfers to Jordan, with more...

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FBI Warns Of ‘Money Mule’ Fraud
FBI Warns Of ‘Money Mule’ Fraud
December 27, 2018  |  Security & Fraud

The Federal Bureau of Investigation (FBI) is warning about a new form of fraud that targets companies, schools and nonprofits around the United States. According to...

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MoneyGram, Kroger Pair On Bill Pay
MoneyGram, Kroger Pair On Bill Pay
December 19, 2018  |  Partnerships / Acquisitions

MoneyGram, a global money transfer and payment company, has announced a partnership with the Kroger family of stores, according to the company. MoneyGram bill pay...

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TransferGo Raises $17.6M For X-Border Payments
TransferGo Raises $17.6M For X-Border Payments
December 14, 2018  |  Investments

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based...

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Xoom Expands Full Suite Of Send Services To Canada
Xoom Expands Full Suite Of Send Services To Canada
December 11, 2018  |  Cross Border Commerce

When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization marked the start...

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