Sentences with phrase «digital money transfer»

WorldRemit, a digital money transfer company, has launched in Malaysia following the company's acceptance as one of only four initial entrants into Bank Negara's Financial Technology Regulatory Sandbox in June.

AAPL, -2.56 % and the big banks also offer digital money transfer options for individuals.

PayPal's Venmo is considered to be the pioneer in online peer - to - peer payments, while Square, Apple Inc., and the big banks also offer digital money transfer options for individuals.

Digital money transfer providers PayPal and Xoom have announced a definitive agreement under which PayPal will acquire Xoom for $ 25 per share in cash or an approximate $ 890 million enterprise value.

Xoom is a leading provider of digital money transfer services, currently headquartered in San Francisco.

- Recent precedent transactions — namely, PayPal's takeover of Xoom, the # 2 digital money transfer provider, and the bidding war for MoneyGram, the # 2 global retail C2C money transfer provider — highlight WU as substantially undervalued.

- WU's rapidly growing digital money transfer business, WU.com, could single - handedly lift the Company's EPS growth to 10 % -13 % by 2020, from flattish today.

• WorldRemit, a London - based digital money transfer service, raised $ 40 million in Series C funding led by LeapFrog Investments and was joined by investors including Accel and Technology Crossover Ventures.

Not exact matches

Ripple wants to use its bitcoin - like XRP digital token to revolutionize the cross border money transfer industry, erasing scenes like this one where migrant workers from India change money at a stall in Malaysia.

Banks are less keen to use the firm's digital currency XRP, but earlier this year two money transfer firms, MoneyGram and Western Union, announced projects involving the cryptocurrency.

If it happens this time, the new Apple product would compete with offerings from big U.S. banks as well as PayPal, its millennial - popular subsidiary Venmo, as well as Square Cash in the increasingly competitive world of digital money - transfers.

Digital currencies such as Bitcoin are making money transfer more affordable and seamless.

In the meantime, a self - regulatory group — the Committee for the Establishment of the Digital Asset Transfer Authority — «will set technical standards aimed at preventing money - laundering and ensuring compliance with laws.»

The Dec. 20 sentencing of Charlie Shrem, one of the digital currency's most vocal cheerleaders as vice-chairman of the Bitcoin Foundation and chief executive of an exchange called BitInstant, to two years in prison for illegal money transfers doesn't help.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

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Payoneer is a financial services company that provides online money transfer, mass payout, digital payment and escrow services.

Our long - term vision is to have a completely decentralized system for storing, managing and exchanging between digital assets for investing, payments, and money transfer.

Wells Fargo in PA refuses to transfer money from my checking account to a digital currency exchange such as ARBA.

If both parties charge 1.5 % for buying and selling the digital currency then they have saved a fortune in fees versus traditional money transfer services that can charge upwards of 8 %, 9 %, or more, for such transactions.

Abra is not a financial service — it is an app that facilitates storing digital currency equivalent to US Dollars directly on your smartphone and transferring your money from your Abra App to any other Abra App anywhere in the world.

Abra merges money transfer and payments via a single digital cash wallet that works ubiquitously anywhere in the world.

To make digital currency useful to «cash consumers» digital currency should: be transferable to any phone number in the world, not represent exchange rate risk, be as private as real cash, have no costs for money transfer, and be fungible to real paper - cash at very low cost 24 hours a day, 7 days a week.

Digital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownDigital currency or digital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - owndigital money is an Internet - based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer - of - ownership.

In other words, PIVX is a form of online digital money which can be swiftly transferred across the world with almost non-existent transaction fees.

I thought it was noticeable that only 22 % of the Citigate survey panel thought there would be a dramatic increase in the use of digital currencies as payment or money transfer methods over the next five years.

Bitcoin is digital money used for secure and instant transfer of value anywhere in the world.

Money transfer platform Coins.ph, and digital wallet company Tagcash are racing to launch a live «first Philippine - based» order - book exchange for cryptocurrency.

The unique feature of Qapital is that you can set up various money - saving triggers, which will initiate your savings deposits, such as rounding up your debit and credit card purchases, making scheduled transfers, or even charging yourself a fee for breaking any personal rules that you may have, sort of like a digital swear jar.

For those of you who don't know (and let's assume that's a lot of you), Bitcoin is an Internet - created digital currency designed to avoid fees for transferring money and to eliminate the need for credit card companies.

The app (whose name translates from Hindi to mean «fast») is expected to feature a digital wallet where you can store currency, integration with India's Unified Payments Interface (UPI) to allow for money transfers at no cost, and a simplified checkout system.

Thanks to the Bitcoin protocol (crucially distinct from bitcoin, the currency it underlies), for the first time in history it is possible to transfer property rights (such as shares, certificates, digital money, etc.) in a fast and transparent way, which can not be forged.

There is a similar problem for any kind of digital money, whether it's a digital currency or a credit card transaction or a bank transfer.

Bitcoin has been used by criminals for years as a way of avoiding physical money movement, with the transfer of digital tokens resulting in them being less likely to be caught.

Financial institutions wishing to benefit from reduced costs of money transfer join the Ripple blockchain and use the Ripple digital currency.

It's not just any other remittance services provider, you have to get the money that you want to be transferred converted into Ripple digital currency then reconverted into other currency when it reaches the recipient.

Cashila, a bitcoin - euro money transfer and exchange platform, offers a fee - free option for users of Mycelium digital bitcoin wallets.

Some communities are underserved by banks due to the cost / benefit of the brick & mortar banking model and regulatory cost; some international transfers are unreliable, or can take many days, with manual processes and faxes being used as part of the plumbing; some people may want to accept digital money for selling digital goods; there may be use cases where small payments, in the order of pennies, may be useful, which is currently difficult with existing fee structures with credit cards.

Huobi, in particular, now wants its users to identify where they got their funds, provide bank transfer records of moving funds from a legitimate bank to Huobi and also provide an extensive explanation not only on the transfer, but also where the money is transferred to and how the customer intends to use the digital currency.

The combination of the two platforms may create a powerful payments / money transfer / digital currency exchange with a global presence.

Film enthusiasts can watch a film by adding money to their digital wallet and initiating a token transfer to the wallet of the copyright owner.

In May 2013, Liberty Reserve, a centralized digital currency service that allowed users to register and transfer money to other users with only a...

Despite that, 22 percent of the experts think the use of digital currencies for payments and money transfers will increase dramatically.

Digital assets can be represented in three different formats like equity — which includes having a stake in the protocol, a commodity and also a currency used to transfer money.

The popularity of this myth is likely due to the fact that the cost of sending funds from one part of the world to another, using Bitcoin or other digital currencies, is comparatively lower than traditional money transfer.

There are no middlemen involved in bitcoin money transfers as the digital currency uses a trustless peer - to - peer system that ensures that there is no double spending and no transaction reversals.

When most people think of cryptocurrencies, they think of the seamless ability to transfer money to anyone with a digital wallet in a few clicks.