money transfers

money transfers

Traxpay Takes $4M From Earlybird, Wants To Be The PayPal Of B2B Online Payments

Google updates AdMob with local payment support, improved ad filtering, more

9to5google.com
Google announced updates to its AdMob ad network, which it acquired in 2010, including improved app promotion, strong filters for ad relevance, local payments eliminating currency conversions, and more. Developers will see the changes roll out over the next few months according to Google. Check below for a full...
Google updates AdMob with local payment support, improved ad filtering, more
GroupMe updates messaging client with in-app money transfers, gallery view

TransferWise now lets people make foreign-currency money transfers from their debit card

thenextweb.com
Estonian-British startup TransferWise, which offers a low-cost foreign-currency money transfer service, is today adding a feature that lets users make payments straight from their debit card. This essentially makes the whole process of transferring money via TransferWise easier by turning a two-step process to make a transfer into a one-step...
TransferWise now lets people make foreign-currency money transfers from their debit card

Zimbabwe gets cashless transactions via its first Universal Electronic Payment System

thenextweb.com
Zimbabwe has received its first ever Universal Electronic Payment System (UEPS) thanks to a local firm, SmartPay. This will now put Zimbabwe among the nations with cashless transaction systems. Most of the local financial institutions and mobile telecommunications providers only offer mobile money transfer services. Speaking to journalists about the...
Zimbabwe gets cashless transactions via its first Universal Electronic Payment System

Barclays launches Pingit money-sending service for smartphones

www.guardian.co.uk
Fast, free money-sending service, Barclays Pingit, enables UK current account customers to send and receive cash via mobileBarclays bank has launched Europe's first money-sending service that allows UK current account customers to send and receive cash through their mobile phones.Barclays' 11.9m current account customers can download the bank's new Pingit...
Barclays launches Pingit money-sending service for smartphones

Your Bitcoins Are Finally Worth Something

techcrunch.com
Bitcoins are nominally worth $113 as of this very moment. That means very little in the real world. As Forbes writer Kasmir Hill notes, it’s pretty difficult to go up to the McDonald’s cashier and offer an invisible fiat currency that resides entirely on the Internet in exchange for a...
Your Bitcoins Are Finally Worth Something

NFC mobile payments disappoint while money transfers boom

news.cnet.com
Research firm Gartner published a report indicating that poor NFC adoption has curtailed mobile payment growth worldwide. But on the bright side, mobile money transfer is booming and will continue to grow through 2017. [Read more]...
NFC mobile payments disappoint while money transfers boom

Pirate Bay co-founder charged with hacking IBM mainframes, stealing money

www.pcworld.com
Pirate Bay co-founder Gottfrid Svartholm Warg was charged with hacking the IBM mainframe of Logica, a Swedish IT firm that provided tax services to the Swedish government, and the IBM mainframe of the Swedish Nordea bank, the Swedish public prosecutor said on Tuesday.  "This is the biggest investigation into...
Pirate Bay co-founder charged with hacking IBM mainframes, stealing money

Social Bill Payment Platform PayTap Goes Live At Disrupt, Offering A Flat $1 Fee Per Transaction

techcrunch.com
PayTap, a shared social bill payment platform, launched today at TechCrunch Disrupt SF. Users can chip in to co-pay bills online and use social features to aggregate financial resources from friends and family for a flat $1 fee per transaction. The company aims to reduce the cost of transferring money,...
Social Bill Payment Platform PayTap Goes Live At Disrupt, Offering A Flat $1 Fee Per Transaction

Dwolla’s payment ambitious grow with $5M round

gigaom.com
Des Moines, Iowa might seem like an unlikely place to build the next big thing in payments but start-up Dwolla shrugs off any suggestion that it can’t be done. The company has been grabbing attention for its next-generation payment system that bypasses credit card networks and connects directly into...
Dwolla’s payment ambitious grow with $5M round

Google Wallet update purportedly leaks plans for a real-world card, transfers and transit passes

www.engadget.com
Google Wallet hasn't had much uptake in the real world. When most of its use has revolved around one carrier, few payment points and even fewer phones, most of us have had to sit on the sidelines. If an Android Police source really did come across a leaked future...
Google Wallet update purportedly leaks plans for a real-world card, transfers and transit passes
Here's Why Venture Capitalists Want To Make Bitcoin The 'Next Big Thing'

PayPal Launches Revamped iPhone App, Teams With Bump (S09) For Phone-Tapping Money Transfers

ycombinator.posterous.com
PayPal Launches Revamped iPhone App, Teams With Bump (S09) For Phone-Tapping Money Transfers

Mobile payments growing, no thanks to NFC or Google Wallet

appleinsider.com
Mobile payment transactions are on pace to hit $235.4 billion in 2013, though mostly through money transfers, as NFC payments and services like Google Wallet have failed to gain much traction.    ...
Mobile payments growing, no thanks to NFC or Google Wallet

Google announces e-mail money transfers for Google Wallet

news.cnet.com
At its annual Google I/O developer conference in San Francisco on Wednesday, Google made announcements that will expand Google Wallet far beyond its tap-and-go NFC roots. [Read more]...
Google announces e-mail money transfers for Google Wallet

CanalSat subscribers in Africa to pay their TV bill from their Orange mobile phone

thenextweb.com
The French telco Orange and the pay TV operator Canal+ Afrique have signed a partnership to let users pay their subscription fees with their mobile phones, the companies announced today. As we reported, mobile transactions are on the rise in Africa; for instance, the Kenyan company M-Pesa facilitates money transfers...
CanalSat subscribers in Africa to pay their TV bill from their Orange mobile phone

Yandex introduces Twym online payment system for Twitter-based transfers

www.engadget.com
Russia's Yandex has been in the online payment business for more than a decade now with its Yandex.Money service, but it's branching out into some slightly more uncharted territory with its latest addition. Dubbed Twym, the company's new service will let folks send actual rubles to other Twitter users...
Yandex introduces Twym online payment system for Twitter-based transfers

IT meltdown at three UK banks to be investigated by new financial regulator | Hilary Osborne

www.guardian.co.uk
Technical glitches at RBS, NatWest and Ulster Bank last summer stopped money transfers and locked accountsThe new banking regulator is investigating the IT meltdown at Royal Bank of Scotland that left millions of people locked out of their accounts or awaiting payments over several weeks in the summer of 2012.The...
IT meltdown at three UK banks to be investigated by new financial regulator | Hilary Osborne

Bitcoin Exchange TradeHill Suspends Trading

www.betabeat.com
The Bitcoin economy may be in some real trouble. After the announcement last week that e-payments service Paxum would no longer support Bitcoin clients, at least one major Bitcoin exchange has shut down. Chile-based TradeHill had been using Paxum, a PayPal competitor, for a large percentage of money transfers. The loss...
Bitcoin Exchange TradeHill Suspends Trading

BlackBerry tests money transfers via BBM with emerging market-focused pilot in Indonesia

thenextweb.com
BlackBerry has confirmed that it has begun testing a mobile transfer feature alongside its BlackBerry Messenger service in Indonesia. The move was first announced in December 2012, but the company has stressed that it is being considered for emerging markets, rather than the US or Europe. Bloomberg reports that the...
BlackBerry tests money transfers via BBM with emerging market-focused pilot in Indonesia

Financial Malware Tricks Users With Claims of Free Credit Card Fraud Insurance

www.pcworld.com
A piece of financial malware called Tatanga attempts to trick online banking users into authorizing rogue money transfers from their accounts as part of the......
Financial Malware Tricks Users With Claims of Free Credit Card Fraud Insurance

O2 Wallet targets contactless payments market

www.guardian.co.uk
Smartphone app, which aims to simplify online shopping and money transfers, is open to mobile users across all networksMobile operator O2 has become the latest firm to offer a mobile payments service, allowing consumers to use their handset to send money to other people and shop more quickly online.Following in...
O2 Wallet targets contactless payments market

TransferWise helps people transfer money cheaper, raises $1.3m from PayPal co-founder and others

thenextweb.com
There’s probably not a single person on the planet who thinks foreign-currency transfers are cheap, or even priced reasonably, unless he or she works for a bank. Yet surprisingly, there hasn’t been that much innovation in the space so far. A new European startup co-founded by one of the people...
TransferWise helps people transfer money cheaper, raises $1.3m from PayPal co-founder and others

Bump Pay Lets You PayPal Someone Quick, But Only In-Person

techcrunch.com
Now it’s as easy as a fist-pound to pay a friend back for dinner, drinks, or a cab. Bump, the popular contact sharing app developer, today releases a new standalone iOS app that lets you transfer money via PayPal to anyone in arm’s reach. But that’s also Bump Pay’s biggest limitation....
Bump Pay Lets You PayPal Someone Quick, But Only In-Person

MasterCard Inks 5-Year Deal With UK's Everything Everywhere For NFC And Other Mobile Payment Solutions Coverng 27M Mobile Users

techcrunch.com
MasterCard is once more extending its reach into mobile money services in Europe in partnership with a carrier — this time in the mobile-savvy UK market. The payment processing giant has cut a five-year deal with Everything Everywhere, the JV between France Telecom’s Orange and T-Mobile, to develop mobile payment...
MasterCard Inks 5-Year Deal With UK's Everything Everywhere For NFC And Other Mobile Payment Solutions Coverng 27M Mobile Users

Visa Personal Payments to support near-instant money transfers from any Visa cardholder in Europe

thenextweb.com
Visa Personal Payments, a service that enables anyone with a smartphone to transfer money using only the recipient’s number, has announced two new features today; Multi-Currency and Immediate Payments. The former will be available “by the end of 2013” and allows users to send money to any Visa cardholder in...
Visa Personal Payments to support near-instant money transfers from any Visa cardholder in Europe

Money Transfers, Creative Scammers, and Fraud

www.pcworld.com
Ben Rothke looks at the dilemma of stopping money transfer fraud, when scammers are always able to find a willing victim....
Money Transfers, Creative Scammers, and Fraud
Remitly, Formerly BeamIt, Raises $2.6M More For International Mobile Money Transfers

ING Direct Customers Can Access Their Bank Through Facebook

www.fastcompany.com
Is this the new wave of banking innovations? Thanks to IBM, bank customers of ING Direct can check their bank account balances through Facebook. Clients who opt into the ING DIRECT's Orange Snapshot can access their balances through Facebook, as well as account balances, history and pending transactions as...
ING Direct Customers Can Access Their Bank Through Facebook
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