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

In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants

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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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  |  Today In Data

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  |  Cybersecurity

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

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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