money transfer

Money Transfers 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: businessdictionary.com

WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App

WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
WorldRemit Rolls Out Transfers Within Africa; Paytm Canada Updates App
September 04, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s launch of digital money transfers within Africa. In addition,...

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PayPal’s Xoom, Euronet’s Ria Pair On Remittances
PayPal’s Xoom, Euronet’s Ria Pair On Remittances
August 28, 2018  |  Partnerships

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement....

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Europe Seeks SWIFT Alternative
Europe Seeks SWIFT Alternative
August 27, 2018  |  Europe

To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing Society for Worldwide...

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Fortumo Rolls Out Direct Carrier Billing In Sweden; MySQUAR Launches Remittance Service
Fortumo Rolls Out Direct Carrier Billing In Sweden; MySQUAR Launches Remittance Service
August 16, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Fortumo’s rollout of direct carrier billing in Sweden. In...

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Venmo Critics Cite Ongoing Privacy Concerns
Venmo Critics Cite Ongoing Privacy Concerns
August 08, 2018  |  Mobile Payments

As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. Get the Full Story Complete the form to...

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Lloyds, Halifax Hit By Fund Transfer Outage In UK
Lloyds, Halifax Hit By Fund Transfer Outage In UK
July 20, 2018  |  Banking

Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage...

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Walmart Redefines The Paycheck
Walmart Redefines The Paycheck
July 20, 2018  |  Alternative Credit

When people talk about the plight of living paycheck to paycheck, Even Responsible Finance CEO Jon Schlossberg told Karen Webster in a recent conversation, they...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Cybersecurity

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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