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

Amid New Google Pay Features, Users Can Split The Bill

Amid New Google Pay Features, Users Can Split The Bill
Amid New Google Pay Features, Users Can Split The Bill
July 10, 2018  |  Mobile Payments

Google Pay is rolling out new features that, among other things, let users send and request money, through the merging of the Google Pay and...

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Saxo Bank Breaks Away From Banking Circle
Saxo Bank Breaks Away From Banking Circle
July 10, 2018  |  B2B Payments

Saxo Bank has divested its global B2B payments solution Banking Circle, according to a Monday (July 9) press release. Get the Full Story Complete the...

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Western Union Customers Have New Way To Send Money
Western Union Customers Have New Way To Send Money
July 06, 2018  |  Cross-border Payments

Western Union announced Thursday (July 5) that it has inked a deal with Post Bank, one of Russia’s largest banks, to enable customers to use...

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‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
‘Robin Hood’ Money Transfer Tax Threatens Kenyan Financial Services
June 25, 2018  |  Cross-border Payments

Kenyan bankers and fund managers have warned a proposed “Robin Hood” tax on many transactions will threaten the future of the country’s economy. Get the...

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Zelle Projected To Grow More Than 73 Percent In 2018
Zelle Projected To Grow More Than 73 Percent In 2018
June 15, 2018  |  Payment Methods

With Zelle projected to overtake Venmo, eMarketer expects the payment service to grow more than 73 percent this year. The firm is projecting that Zelle...

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Circle In Early Talks For US Banking License
Circle In Early Talks For US Banking License
June 06, 2018  |  Banking

Months after rolling out a crypto trading platform, Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license...

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Xoom Bumps Limits For X-Border Payments To 25K
Xoom Bumps Limits For X-Border Payments To 25K
June 05, 2018  |  Mobile Payments

The PayPal service Xoom announced that it has increased its send limits to $25,000 USD per transaction for over 50 countries, including India, Canada, the United...

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Kenya Moves To Regulate Digital Lending
Kenya Moves To Regulate Digital Lending
May 25, 2018  |  Cross-border Payments

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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