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

As P2P Payments Grow, More Consumer Groups Get Into The Mix
As P2P Payments Grow, More Consumer Groups Get Into The Mix
November 04, 2019  |  Digital Payments

P2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers...

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Why Western Union Is Embracing Its White-Label Future
Why Western Union Is Embracing Its White-Label Future
November 01, 2019  |  Earnings

If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would...

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Western Union Rolls Out Full API Access For International Payments
Western Union Rolls Out Full API Access For International Payments
October 28, 2019  |  Global Payments

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a...

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Western Union Opens Platform To Asia Affiliates
Western Union Opens Platform To Asia Affiliates
October 23, 2019  |  International

Global payment services firm Western Union is expanding its cross-border platform into Asia, the company said in a press release on Wednesday (Oct. 23). The...

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Paysend Wields Open Banking For Business Account Services
Paysend Wields Open Banking For Business Account Services
October 10, 2019  |  B2B Payments

U.K. FinTech Paysend is launching a new service for corporates to access integrated banking and payment services, the result of a collaboration with open banking...

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Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
September 18, 2019  |  B2B Payments

U.S. financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release...

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MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
MTN’s New Mobile Money Transfer Service Caters To Unbanked Nigerians
August 29, 2019  |  International

The biggest telecom company in Nigeria has launched a mobile money transfer service intended to serve the country’s unbanked population, according to a report by...

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Money Transfer Co. Azimo Names New CEO
Money Transfer Co. Azimo Names New CEO
August 28, 2019  |  Personnel

Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the...

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Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
Data Dive, Moving In And Moving On Edition: Apple, Venmo, Google And Visa
August 19, 2019  |  Data Dive

The official end of summer is now less than two weeks away, but payments and commerce got an early jump on getting back to the fall...

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