WorldRemit iOS App

WorldRemit launches its global money transfer App for iPhones. WorldRemit for Android has been downloaded more than 10,000 times and entered the Top 20 Financial App charts in nine countries – more than any other money transfer service- in just the past few weeks. The company is confident it will see the same returns for the iOS solution. WorldRemit is also a leader in sending money to mobile devices. The addition of iOS and Android Apps further enhances WorldRemit’s mobile-to-mobile offering with smartphone users in one part of the world able to transfer instantly to Mobile Money accounts on the other side of the planet.

Real-Time ACH a Reality Within 2 Years

Market experts believe real-time ACH payments will become a reality in the U.S. within the next two years, based on a survey of 120 financial industry professionals. Momentum for faster payments has been accelerating with government call to action for the U.S. to adopt a real-time payment system within 10 years. The results of ACI’s latest survey highlight that the majority of industry professional respondents believe this vision can and will be achieved in far less time. ACI’s survey found 27% of respondents have not made a payment through their mobile device, somewhat surprising given that those surveyed are the same professionals pushing forward the ‘mobile revolution.’ Findings also show 70% believe real-time ACH payments will become a reality within the next one to two years and 92 percent within the next five years, 86% believe real-time ACH will add “significant” value to businesses and corporate bank clients and 34% rated social media’s importance to financial institutions as neutral to not important.