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)

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

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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Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup Plans
Today In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup...
March 27, 2020  |  News

In today’s top news, Western Union is launching a new tool for people to send money from home over a voice or video call, and...

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Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
February 24, 2020  |  Bitcoin

Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Roughly 300 people...

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MoneyGram Enables P2P To A Phone Number
MoneyGram Enables P2P To A Phone Number
February 12, 2020  |  Mobile Payments

MoneyGram, known for its transfers via mobile app, has a new program called FastSend that will enable it to engage in cross-border peer-to-peer (P2P) transfers directly...

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Brink’s Takes 5 Pct Share In MoneyGram
Brink’s Takes 5 Pct Share In MoneyGram
February 07, 2020  |  Investments

Cross-pollination in financial services — leveraging payments across digital and physical channels — is an emerging trend, especially when it comes to cross-border transactions, and...

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Alipay, WorldRemit Team On Cross-Border Remittance
Alipay, WorldRemit Team On Cross-Border Remittance
February 05, 2020  |  Partnerships / Acquisitions

Money transfer platform WorldRemit announced a new partnership with Alipay that will make it easier for users to do cross-border transfers and make payments worldwide,...

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Money Transfer Startup Azimo Secures €20M In Debt Equity
Money Transfer Startup Azimo Secures €20M In Debt Equity
February 04, 2020  |  Investments

Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb....

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MoneyGram Launches First-Ever Ukraine Bank Deposit Service
MoneyGram Launches First-Ever Ukraine Bank Deposit Service
January 29, 2020  |  Digital Payments

Peer-to-peer payments service MoneyGram will partner with Industrialbank to create a new bank deposit service in Ukraine. MoneyGram is the first company to let users...

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