money transfers

Electronic funds transfer 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: en.wikipedia.org

MoneyGram CEO: 2019 Is The ‘Year Of The Consumer’

MoneyGram CEO: 2019 Is The ‘Year Of The Consumer’
MoneyGram CEO: 2019 Is The ‘Year Of The Consumer’
February 12, 2019  |  Earnings

Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined. However, bright spots...

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MoneyGram Works To Restructure Debt; Could Seek Buyer
MoneyGram Works To Restructure Debt; Could Seek Buyer
January 27, 2019  |  Digital Payments

MoneyGram International is looking at alternatives for the payments company including a sale, reported Reuters. Get the Full Story Complete the form to unlock this...

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Do Grocery Stores Need Bitcoin ATMs?
Do Grocery Stores Need Bitcoin ATMs?
January 25, 2019  |  Bitcoin

There are few familiar places in the regular life of a consumer other than the grocery store, and that familiarity can breed a type of...

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Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment
Singtel’s Dash Plans Remittance Service; KinerjaPay Notches $200M Investment
January 08, 2019  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singtel’s Dash’s plans to introduce a remittance service to...

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India Conglomerates Testing Crypto For B2B Payments
India Conglomerates Testing Crypto For B2B Payments
January 08, 2019  |  B2B Payments

Top corporates and banks in India are reportedly testing out the use of cryptocurrency to pay vendors and move money between subsidiaries, said the The...

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US Banks Shun Money Transmittal
US Banks Shun Money Transmittal
December 26, 2018  |  Banking

U.S. banks are keeping their distance from money transmitters sending cash to Mexico, as worries about money laundering and increased regulatory scrutiny ensue. Get the...

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WhatsApp Explores Blockchain Tech For Money Transfers
WhatsApp Explores Blockchain Tech For Money Transfers
December 21, 2018  |  Cryptocurrency

In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Unnamed sources told Bloomberg that the company is at...

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Vocalink: Freezing Mule Accounts With AML Tech
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018  |  Cybersecurity

Whoa, mule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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