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

Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
July 21, 2020  |  International

Western Union has signed a deal with TrueMoney, a Philippines financial services provider, the global cross-currency money mover and payments company announced on Tuesday (July 21). Terms of...

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MoneyGram Reports 100 Percent Digital Transaction Growth In May
MoneyGram Reports 100 Percent Digital Transaction Growth In May
June 09, 2020  |  Digital Payments

MoneyGram has been doing well in May, illustrated by a triple-digit percentage increase in digital transactions. The popular money transfer app reported a 100 percent...

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Skrill Debuts Free Money Transfers In US
Skrill Debuts Free Money Transfers In US
June 08, 2020  |  Digital Payments

London-based Paysafe, a global online payments company, has announced the U.S. launch of its free Skrill Money Transfer service. “There has never been a more important time...

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Western Union: C2C Digital Transactions Hit 10-Year Record High For May
Western Union: C2C Digital Transactions Hit 10-Year Record High For May
June 02, 2020  |  Digital Payments

Western Union Co. said that while the payment platform saw transactions fall by 30 percent at the peak of the coronavirus pandemic in March and...

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Western Union Eyes Buying MoneyGram
Western Union Eyes Buying MoneyGram
June 01, 2020  |  Acquiring

Western Union could be looking to acquire MoneyGram in a transaction that would unite two of the country’s largest money transfer services, according to Bloomberg....

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Western Union Temporarily Halves Fees For Essential Workers
Western Union Temporarily Halves Fees For Essential Workers
May 07, 2020  |  Digital Payments

Western Union is offering a 50 percent discount for essential workers utilizing its payment services, according to a press release issued on Thursday (May 7). Western...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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Western Union Debuts Video, Voice Tool For Home Money Transfers
Western Union Debuts Video, Voice Tool For Home Money Transfers
March 26, 2020  |  International

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. A pilot...

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TransferWise Teams With Alipay For Money Transfers In China
TransferWise Teams With Alipay For Money Transfers In China
March 17, 2020  |  Payment Methods

London-based FinTech unicorn TransferWise said on Tuesday (March 17) that it is partnering with Alibaba’s Alipay to power international money transfers in China.  “We’re on...

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