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

Paysend and Western Union Partner on Cross-Border Money Transfer Services
Paysend and Western Union Partner on Cross-Border Money Transfer Services
October 30, 2023  |  Cross-border Payments

Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services....

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Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
Chime Inc. Faces CFPB Action for Alleged Deceptive Practices on Sendwave App
October 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Chime Inc., the operator of the Sendwave mobile app, for deceiving consumers about the speed...

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Swift and Wise Team to Offer FIs More Cross-Border Options
Swift and Wise Team to Offer FIs More Cross-Border Options
September 18, 2023  |  Partnerships

Money transfer firm Wise and global messaging platform Swift have launched a cross-border payment partnership. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Ripple Optimistic About US Banks Adopting XRP
Ripple Optimistic About US Banks Adopting XRP
July 17, 2023  |  Cryptocurrency

Ripple is reportedly optimistic about the prospect of financial institutions being interested in using its On-Demand Liquidity (ODL) product, which utilizes XRP for money transfers, in...

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Western Union Turns to MFS to Expand Global Money Transfers
Western Union Turns to MFS to Expand Global Money Transfers
March 05, 2023  |  Mobile Payments

Western Union has teamed with MFS Africa to allow mobile money transfers across the continent. Get the Full Story Complete the form to unlock this...

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FinTechs Struggle to Retain Consumer Trust in Africa
FinTechs Struggle to Retain Consumer Trust in Africa
February 24, 2023  |  Banking

There is no denying that trust plays an important role when it comes to payments transactions. Get the Full Story Complete the form to unlock...

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Paysend and Purpl Partner on Money Transfers to Lebanon
Paysend and Purpl Partner on Money Transfers to Lebanon
February 13, 2023  |  Partnerships

Paysend has partnered with Purpl to enable money transfers to Lebanon. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Western Union CEO Sees Digital Driving Global Remittance Growth
Western Union CEO Sees Digital Driving Global Remittance Growth
February 07, 2023  |  Cross-border Payments

Digital platforms are continuing to revolutionize the remittances market, and Western Union is taking notice. Get the Full Story Complete the form to unlock this...

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Atlantic Money Says Wise Delisted It From Price Comparison Website
Atlantic Money Says Wise Delisted It From Price Comparison Website
January 27, 2023  |  International

Atlantic Money has accused international money transfer service Wise of stifling competition. Get the Full Story Complete the form to unlock this article and enjoy...

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