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

Intermex Partners With Visa to Expand Money Transfer Services

Intermex Partners With Visa to Expand Money Transfer Services
Intermex Partners With Visa to Expand Money Transfer Services
December 19, 2023  |  Cross-border Payments

International Money Express (Intermex) has partnered with Visa to extend its money transfer services to more than 20 countries that it didn’t previously serve. With this collaboration, Intermex...

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Visa Adds Real-Time Money Movement to FinTech Fast Track
Visa Adds Real-Time Money Movement to FinTech Fast Track
December 18, 2023  |  Payment Methods

Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. The move expands the program beyond card issuance and gives members access to...

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ZilBank Streamlines Opening US Accounts for Mexican Companies
ZilBank Streamlines Opening US Accounts for Mexican Companies
December 07, 2023  |  Cross-border Payments

B2B banking platform ZilBank has launched a new feature that makes it easier for Mexican businesses, entrepreneurs and freelancers to pay U.S. vendors, affiliates, employees...

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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  |  Legal & Regulation

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. The collaboration, announced Monday (Sept. 18), is designed to provide financial institutions and their customers with...

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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. The partnership will allow Western Union users in 200 countries...

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