International Transfers news and trends

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EU’s Transfer Service Takes Aim At PayPal

November 30, 2018
The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other payment tech giants, according to a report by Reuters. TIPS allows customers and companies to transfer euros in seconds, whether the local bank is open or not. Currently, instant payment platforms […]