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)

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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MoneyGram Extends Relationship With Walmart
MoneyGram Extends Relationship With Walmart
October 06, 2020  |  Partnerships / Acquisitions

MoneyGram International, the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. through March 2024, the Texas-based company announced...

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Mastercard, TransferWise Unveil Expanded Global Partnership
Mastercard, TransferWise Unveil Expanded Global Partnership
August 20, 2020  |  Partnerships / Acquisitions

Mastercard and TransferWise, the online money transfer startup, are taking their relationship to the next level. The credit card giant and the London-based, multibillion-dollar unicorn...

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Pandemic Drives Growth In Global Digital Remittances
Pandemic Drives Growth In Global Digital Remittances
August 10, 2020  |  Cross-border Payments

No matter where you look, the pandemic has put up serious barriers to economic growth – and at the same time, has forced business models...

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MoneyGram’s Digital Transactions Grow 106 Pct YOY 
MoneyGram’s Digital Transactions Grow 106 Pct YOY 
July 31, 2020  |  Earnings

MoneyGram International Inc. reported that its digital transaction volume grew 106 percent year over year during Q2, as the firm capitalized on a digital transformation...

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China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
July 31, 2020  |  Digital Payments

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported....

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Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
Western Union Teams With TrueMoney To Enable Money Transfers To Philippines
July 21, 2020  |  International

Western Union has signed a deal with TrueMoney, a Philippines financial services provider, the global cross-currency money mover and payments company announced on Tuesday (July 21). Terms of...

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MoneyGram Reports 100 Percent Digital Transaction Growth In May
MoneyGram Reports 100 Percent Digital Transaction Growth In May
June 09, 2020  |  Digital Payments

MoneyGram has been doing well in May, illustrated by a triple-digit percentage increase in digital transactions. The popular money transfer app reported a 100 percent...

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Skrill Debuts Free Money Transfers In US
Skrill Debuts Free Money Transfers In US
June 08, 2020  |  Digital Payments

London-based Paysafe, a global online payments company, has announced the U.S. launch of its free Skrill Money Transfer service. “There has never been a more important time...

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