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

PayPal’s Funds Now Gives SMBs Instant Access To Sales

PayPal’s Funds Now Gives SMBs Instant Access To Sales
PayPal’s Funds Now Gives SMBs Instant Access To Sales
September 11, 2018  |  SMBs

When it comes to running a small business that accepts electronic payments, there are two words that business owners don’t like to hear from their...

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PayPal Blows Past 250M Active Accounts
PayPal Blows Past 250M Active Accounts
September 06, 2018  |  Mobile

PayPal President and Chief Executive Dan Schulman announced on Thursday (Sept. 6) that the number of active accounts on its platform recently surpassed the 250...

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Xpress Money Continues Its African Expansion
Xpress Money Continues Its African Expansion
September 03, 2018  |  Cross-border Payments

Xpress Money continues to expand its efforts in Africa as it tries to bring down the high remittance costs in the region, according to a...

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WeChat Pay Expands To Malaysia
WeChat Pay Expands To Malaysia
August 21, 2018  |  Digital Payments

Tencent’s WeChat, which is the leading messaging app in China, has rolled out a digital payment platform in Malaysia in what is its first Asian...

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Bambora Teams Up With Payworks, The Bank Of East Asia Unveils Payment Hub
Bambora Teams Up With Payworks, The Bank Of East Asia Unveils Payment Hub
August 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes WorldRemit’s partnership with Safaricom for money transfers to mobile money...

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Swiss Startup Liquineq Transfers Money Via The Blockchain
Swiss Startup Liquineq Transfers Money Via The Blockchain
August 08, 2018  |  Blockchain

Swiss startup Liquineq believes it can disrupt banking by safely and securely processing transactions within seconds using blockchain. But its aim is not to replace...

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MoneyGram Sees Top-Line Hit on Compliance, While Digital Gains 17 Pct YoY
MoneyGram Sees Top-Line Hit on Compliance, While Digital Gains 17 Pct YoY
August 03, 2018  |  Earnings

Money transfer giant MoneyGram beat expectations on the bottom line but missed on the top, as new compliance standards put in place by the company...

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Western Union: Dotcom Revenues Up 22 Percent Year Over Year
Western Union: Dotcom Revenues Up 22 Percent Year Over Year
August 03, 2018  |  Earnings

Investors may have been focused on slight misses on the top and bottom lines for Western Union, but a drill-down into the numbers shows continued...

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