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, Bharti Airtel Team For Real-Time Payments Across Africa, India
Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
January 22, 2020  |  Partnerships / Acquisitions

Western Union is partnering with global telecommunications firm Bharti Airtel for global money transfers across emerging markets in Africa and India, Western Union announced on...

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Western Union, Du Xiaoman Boost Real-Time Payouts In China
Western Union, Du Xiaoman Boost Real-Time Payouts In China
January 10, 2020  |  Partnerships / Acquisitions

Global payment services firm Western Union is partnering with Du Xiaoman Financial (formerly FinTech Baidu Finance) to roll out real-time international money transfers to more...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A...

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Garanti BBVA Launches QR Codes For Business Banking Transactions
Garanti BBVA Launches QR Codes For Business Banking Transactions
December 19, 2019  |  B2B Payments

Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company announced in a...

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Western Union Enables In-App Donations For US Customers
Western Union Enables In-App Donations For US Customers
December 10, 2019  |  Mobile Applications

U.S. customers can now make a donation to the Western Union Foundation when transferring money using the Western Union app, the company said in a...

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MoneyGram Extends Visa Direct Service To Spain, Philippines
MoneyGram Extends Visa Direct Service To Spain, Philippines
December 05, 2019  |  International

MoneyGram, in partnership with Visa, has expanded its debit card deposit service, which was launched in collaboration with Visa Direct, Visa’s real-time push payments platform,...

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As P2P Payments Grow, More Consumer Groups Get Into The Mix
As P2P Payments Grow, More Consumer Groups Get Into The Mix
November 04, 2019  |  Digital Payments

P2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers...

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Why Western Union Is Embracing Its White-Label Future
Why Western Union Is Embracing Its White-Label Future
November 01, 2019  |  Earnings

If one were looking for a simple phrase to describe the theme of Western Union’s Q3 earnings report on Thursday (Oct. 31), “pleasant surprises” would...

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Western Union Rolls Out Full API Access For International Payments
Western Union Rolls Out Full API Access For International Payments
October 28, 2019  |  Global Payments

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a...

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