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)

Kenya Moves To Regulate Digital Lending
Kenya Moves To Regulate Digital Lending
May 25, 2018  |  International

After adopting a mobile money system that allows people to make payments and transfers through their cell phones, Kenya has become a leader in financial...

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Letting The Air(TM) Out Of Venezuelan Hyperinflation
Letting The Air(TM) Out Of Venezuelan Hyperinflation
May 04, 2018  |  Latin America

Hyperinflation has driven the Venezuelan Bolivar to near uselessness. How are individuals supposed to save and manage money when their currency is hemorrhaging value? AirTM...

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Zelle’s Growing Pains With Fraud
Zelle’s Growing Pains With Fraud
April 23, 2018  |  Security & Fraud

While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Zelle was created as the...

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PayPal’s Bill Ready: Retailers And Taking The Digital Path Already Worn
PayPal’s Bill Ready: Retailers And Taking The Digital Path Already Worn
April 16, 2018  |  eCommerce

Wherever and whenever consumers shows up to shop, the merchant’s goal should always be the same: Make sure they buy and then turn them into...

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Santander Launches International Payment App Based On Ripple’s Blockchain Tech
Santander Launches International Payment App Based On Ripple’s Blockchain Tech
April 12, 2018  |  Blockchain

Banco Santander, the Spanish bank, announced on Thursday (April 12) the launch of a new international payments service that is based on Ripple’s blockchain technology....

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Square’s Cash App Comes To The UK
Square’s Cash App Comes To The UK
April 04, 2018  |  Mobile Payments

Square announced on Tuesday (April 3) that its peer-to-peer (P2P) Cash app is now available in the U.K. According to news from MarketWatch, the U.K. is the...

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Walmart Money Transfer Goes Global
Walmart Money Transfer Goes Global
April 03, 2018  |  Cross Border Commerce

Sending funds overseas is big business in the United States. According to the World Bank, in 2016, roughly $138 billion in remittances were sent from the U.S. to receivers worldwide....

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Global B2B Transactions Approach $218T Value, Research Finds
Global B2B Transactions Approach $218T Value, Research Finds
March 27, 2018  |  B2B Payments

New research forecasts significant growth for the cross-border B2B money transfer industry. Juniper Research published its latest analysis on Monday (March 26), forecasting the global...

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Pay Back IOUs With Google Assistant
Pay Back IOUs With Google Assistant
March 23, 2018  |  Google

Google has announced that Google Assistant can now be used to pay people back with Google Pay. “When the weekend’s over, chances are someone owes...

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