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

Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition

Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition
Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition
December 14, 2022  |  Cross-border Payments

While digitization has transformed the global remittance market, it is far from a one-dimensional process. Get the Full Story Complete the form to unlock this...

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Nigerian Money App Kuda Launches in UK
Nigerian Money App Kuda Launches in UK
November 09, 2022  |  Cross-border Payments

The Nigerian money app Kuda, announced Wednesday (Nov. 9) that it is launching in the U.K. as part of a global expansion drive with a...

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WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
June 02, 2020  |  Partnerships

The recession is upon us, and as consumers stash the cash, and wallets are walloped, a seismic shift may be brewing in the money transfer...

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Kasikornbank To Offer Nium’s FinTech Payments Platform
Kasikornbank To Offer Nium’s FinTech Payments Platform
May 19, 2020  |  Cross-border Payments

FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. Get the...

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The (Digital) Transformation Of Remittances, Bit By Byte
The (Digital) Transformation Of Remittances, Bit By Byte
May 14, 2020  |  Payment Methods

The pandemic has kept us all home — and for firms that have depended on walk-in business, transactions have slowed, or simply stopped. That’s certainly...

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MoneyGram’s Walk-In Business Hit By The Coronavirus As Digital Transactions Surge
MoneyGram’s Walk-In Business Hit By The Coronavirus As Digital Transactions Surge
May 01, 2020  |  Earnings

With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital transaction growth for...

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Western Union Expands Cross-Border Real-Time Money Transfers
Western Union Expands Cross-Border Real-Time Money Transfers
April 23, 2020  |  Cross-border Payments

Money transfer firm Western Union has further expanded its global network for real-time payments and transfers to 50 additional countries when paid into certain banks...

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Santander FinTech PagoFX To Compete With TransferWise
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020  |  Banking

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider...

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