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 Blows Past 250M Active Accounts

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. Get the Full Story Complete the form...

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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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Western Union Teams With Albertsons For Money Transfer
Western Union Teams With Albertsons For Money Transfer
August 01, 2018  |  Partnerships

Western Union announced it has partnered with Albertsons to enable consumer access to international and domestic money transfer and money order services, as well as...

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