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)

MoneyGram Partners With Canada Post For Digital Money Transfers
MoneyGram Partners With Canada Post For Digital Money Transfers
June 07, 2019  |  Partnerships / Acquisitions

MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all...

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Newly Funded B2B Startups Tap The Power Of Data
Newly Funded B2B Startups Tap The Power Of Data
June 07, 2019  |  B2B Payments

This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups are deploying an...

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Visa, Western Union Team To Speed Global Payments
Visa, Western Union Team To Speed Global Payments
June 05, 2019  |  VISA

Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of...

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Western Union’s Playbook For Balancing Cash And Digital Payments
Western Union’s Playbook For Balancing Cash And Digital Payments
June 03, 2019  |  Payment Methods

Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one...

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Why Visa Brought Earthport Into Its Orbit
Why Visa Brought Earthport Into Its Orbit
May 15, 2019  |  VISA

Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at...

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Western Union’s Q1 Digital Transactions Up 19 Pct
Western Union’s Q1 Digital Transactions Up 19 Pct
May 08, 2019  |  Earnings

Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors —...

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Ripple News: Boosts X-Border Partnership Tally
Ripple News: Boosts X-Border Partnership Tally
May 07, 2019  |  B2B Payments

Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its xCurrent, geared toward...

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In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
May 03, 2019  |  Smarter Payments

For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for the best. In...

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Faster Payments’ Impact On India’s 100M Migrant Workers
Faster Payments’ Impact On India’s 100M Migrant Workers
May 02, 2019  |  Smarter Payments

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in...

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