Transfers news and trends

SWIFT gpi Transferred Over $77T In 2019
Global Payments // February 11, 2020

Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018, SWIFT announced on Tuesday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Visa Partners With TD To Power US, Canada Money Transfers 
VISA // December 23, 2019

Visa is teaming up with TD Bank to introduce a new solution to ease money transfers between Canadian and U.S. accounts, Visa announced Monday (Dec. 23).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets
B2B Payments // September 23, 2019

Western Union is expanding access to its global, real time account to account payments capabilities to FIs and digital wallet providers in 17 countries with plans to expand to 100 in the next 12 months. CEO, Hikmet Ersek, tells Karen Webster that opening its platform...

Sixty LATAM Banks Use Bitcoin To Process Cross-Border Payments
Partnerships / Acquisitions // August 13, 2019

Bantotal, a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Interviews & Exclusives
Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets

September 23, 2019
Western Union is expanding access to its global, real time account to account payments capabilities to FIs and digital wallet providers in 17 countries with plans to expand to 100 in the next 12 months. CEO, Hikmet Ersek, tells Karen Webster that opening its platform will unlock new real-time C2C, B2C and B2B use cases in both developed and developing markets.

Quick Reads
Fed Ends Limits On Savings Withdrawals, Transfers

April 24, 2020
The Federal Reserve Board has eliminated its six-per-month limit on transfers and withdrawals from savings accounts as the nation continues to adapt to changes caused by COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Visa Partners With TD To Power US, Canada Money Transfers 

December 23, 2019
Visa is teaming up with TD Bank to introduce a new solution to ease money transfers between Canadian and U.S. accounts, Visa announced Monday (Dec. 23).  Get the Full Story...

Sixty LATAM Banks Use Bitcoin To Process Cross-Border Payments

August 13, 2019
Bantotal, a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports....

Interac Says Canadians Are Using Its Service At Record Levels

April 12, 2017
Interac, the digital money company, announced Tuesday that its eTransfer service is being used by Canadian consumers and businesses at record levels. Get the Full Story Complete the form to...