A common way to send money to someone is by transferring the funds to their bank account. However, this isn’t always an option. About 6% of Americans are “unbanked,” meaning neither they nor their ...
Money-transfer apps and services like Zelle have revolutionized the way we send and receive money. Also known as peer-to-peer payments (P2P), P2P payments are almost ubiquitous among college students.
Fraud costs Americans billions every year.
Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.
The biggest businesses in consumer money transfers are increasingly working to become singular platforms serving consumers and business’s financial needs.