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

The Strongest Digital Players Will Redefine The Market
The Strongest Digital Players Will Redefine The Market
August 03, 2021  |  Digital Payments

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look...

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MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
MoneyGram Mum On Takeover Talk; Touts Q2 Digital Growth
July 30, 2021  |  Earnings

Global money transfer firm MoneyGram posted second-quarter results with total revenue of $329.3 million, a sign that its digital-first efforts paid off as online transactions...

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Ripple Teams With SBI Remit For On-demand Liquidity In Japan
Ripple Teams With SBI Remit For On-demand Liquidity In Japan
July 28, 2021  |  Cross-border Payments

Cryptocurrency and digital payments network Ripple is collaborating with remittance company SBI Remit, as well as Coins.ph, to introduce an on-demand liquidity (ODL) service in...

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Vodafone Considers Spinning Off M-Pesa Money Service
Vodafone Considers Spinning Off M-Pesa Money Service
July 23, 2021  |  Mobile Commerce

Vodafone could spin off its popular African mobile money service M-Pesa, the company’s CEO told Bloomberg News on Friday (July 23). M-Pesa, which offers peer-to-peer...

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Western Union, Australia Post Team Up For Money Transfers
Western Union, Australia Post Team Up For Money Transfers
June 10, 2021  |  Digital Payments

Denver-based Western Union said on Thursday (June 10) that it has added the Australian Postal Corp. to its roster of national postal services worldwide. The...

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Walmart Offers Western Union Services At 4,700 US Stores
Walmart Offers Western Union Services At 4,700 US Stores
May 19, 2021  |  Retail

Walmart and Western Union have rolled out the money transfer company’s services at the retail giant’s nearly 4,700 stores across the U.S. “We know we...

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IRIS Software, Western Union Link Up To Offer Global Payroll, Payments Services
IRIS Software, Western Union Link Up To Offer Global Payroll, Payments Services
May 17, 2021  |  Partnerships / Acquisitions

The U.K.’s IRIS Software Group and Western Union Business Solutions are teaming up on a five-year international partnership “to offer simplified payroll and payments solutions...

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MoneyGram-as-a-Service Launches, Along With Digital G-Coin
MoneyGram-as-a-Service Launches, Along With Digital G-Coin
March 24, 2021  |  Digital Payments

Cross-border payments firm MoneyGram is launching a new solution that will make its API-powered platform available to third-party vendors and new businesses while also opening...

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Today In Payments: M&T Bank Acquiring People’s United For $7.6 Billion; Restaurant POS Provider Toast Puts IPO On Menu
Today In Payments: M&T Bank Acquiring People’s United For $7.6 Billion; Restaurant POS Provider Toast...
February 22, 2021  |  News

In today’s top news, M&T Bank has agreed to acquire People’s United for $7.6 billion, and restaurant POS provider Toast is mulling an IPO. Plus,...

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