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)

Western Union Expands Real-Time Digital Payments To 100 Countries
Western Union Expands Real-Time Digital Payments To 100 Countries
November 23, 2020  |  Digital Payments

Western Union just took another big step toward ramping up its growing digital payments arsenal. The legacy global remittance giant said on Monday (Nov. 23)...

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PayPal Boosts Xoom’s Money Transfer Capabilities In US
PayPal Boosts Xoom’s Money Transfer Capabilities In US
November 19, 2020  |  Digital Payments

PayPal is upping its mobile payments game. PayPal on Thursday (Nov. 19) unveiled a major upgrade to Xoom, enabling customers across the United States to...

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MoneyGram Reports 111 Pct Online D2C Growth
MoneyGram Reports 111 Pct Online D2C Growth
October 30, 2020  |  Earnings

MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction...

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Surge In Commercial Payments Pushes ACH Payments Volume Up 9 Pct In 3Q
Surge In Commercial Payments Pushes ACH Payments Volume Up 9 Pct In 3Q
October 27, 2020  |  Digital Payments

The ACH Network, the national clearinghouse for electronic funds transfers, saw a big jump in activity in the third quarter, even as government assistance payments...

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Western Union Expands Real-Time Payouts To Reach 80 Countries
Western Union Expands Real-Time Payouts To Reach 80 Countries
October 26, 2020  |  Cross-border Payments

In its ongoing efforts to beef up its international real-time payments network, Western Union has again expanded its payout options. The move was due in...

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Today In Digital-First Banking: Unifimoney Teams With Nium For Transfers; Volante Lands Grupo Financiero Banorte As New Client
Today In Digital-First Banking: Unifimoney Teams With Nium For Transfers; Volante Lands Grupo Financiero Banorte...
October 22, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, Unifimoney is joining forces with Nium for real-time money transfers, while Volante Technologies has landed Grupo Financiero Banorte...

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Unifimoney Partners With Nium For Real-Time Global Transfers 
Unifimoney Partners With Nium For Real-Time Global Transfers 
October 21, 2020  |  Cross-border Payments

Silicon Valley neobank startup Unifimoney is partnering with Singapore FinTech startup Nium for real-time money transfers across the globe, the companies said in a statement...

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Western Union Extends 35-Year Collaboration With Kroger
Western Union Extends 35-Year Collaboration With Kroger
October 14, 2020  |  Retail

Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday...

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EMQ Offers High-Value Settlements In Japan
EMQ Offers High-Value Settlements In Japan
October 07, 2020  |  B2B Payments

EMQ, a provider of global financial settlement services, has begun letting businesses around the world transfer up to roughly $280,000 directly into banks in Japan,...

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