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)

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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How Western Union Is Taking Global P2P Omnichannel
How Western Union Is Taking Global P2P Omnichannel
April 03, 2019  |  Digital Payments

It’s one of the rising ideals in this digital world of commerce and payments, a consumer expectation that doesn’t seem in danger of fading anytime...

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Data Dive, Big Launches Edition: Google, Sephora And PayPal
Data Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019  |  Data Dive

Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history...

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NFC Forum Shares Specs For QR Codes Alternative
NFC Forum Shares Specs For QR Codes Alternative
March 05, 2019  |  Payment Methods

The NFC Forum, the standards and advocacy association for Near-Field Communication (NFC) technology, released its NFC Money Transfer Candidate Specification (NMT) on Tuesday (March 5), giving...

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Prince Charles’ Charity Funded By Company With Russian Ties
Prince Charles’ Charity Funded By Company With Russian Ties
March 05, 2019  |  Security & Fraud

A charity run by Prince Charles received donations from a company used to transfer large amounts of cash from Russia. According to The Guardian, investigators...

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Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth
Western Union CEO: Speedpay Sale Speeds Way To X-Border Payments Growth
March 01, 2019  |  Partnerships / Acquisitions

The year 2019 is already shaping up as a big year for deal-making in financial services and payments. Western Union, of course, just sold Speedpay,...

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In South Korea: Calls For Greater Bank, FinTech Collaboration
In South Korea: Calls For Greater Bank, FinTech Collaboration
February 26, 2019  |  B2B Payments

Bank and non-bank collaboration gets a boost in South Korea through an interbank payment network and sandbox. Elsewhere, individual FinTech company initiatives shine a spotlight on...

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Mastercard Foundation, Ripple Back Remittance Co SendFriend
Mastercard Foundation, Ripple Back Remittance Co SendFriend
February 12, 2019  |  Investments

Remittance company SendFriend announced that it has raised $1.7 million from investors MIT Media Lab, Barclays, the Mastercard Foundation, Ripple, Techstars, Mahindra Finance, 2020 Ventures, and...

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Senders As Issuers: A New Space For Cards In Global P2P
Senders As Issuers: A New Space For Cards In Global P2P
February 06, 2019  |  Digital Payments

When InstaReM CEO and Co-founder Prajit Nanu started putting together a global remittance firm for consumers and businesses in 2014, he had been struggling with...

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