Mr. PATRICK JOST (Risk Global): Like any money transfer mechanism, hawala can be abused.
But across the mall from the bakery, the People's Exchange Money Transfer Shop was also open.
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Most of the citizen donations came through M-Pesa, a popular mobile-phone based money transfer service for Safaricom.
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Empowered and hot-wired-to-the-Internet consumers can move faster than an electronic money transfer when they feel the need.
No need for a bank account, a computer, or even a trip downtown to dodgy money transfer agent locations.
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Paga is a money transfer service that leverages the ubiquity of the mobile phone to bring great value to customers.
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The US started receiving data from Swift, a money transfer system based in Brussels which handles millions of transactions daily.
Organised crime in the Middle East, South Asia and the Chinese diaspora has long relied on informal money transfer networks.
Cash could be put into the service using a credit card, bank wire, postal money order or other money transfer service.
Just yesterday, Venturebeat reported that PayPal announced it would bring NFC money transfer to Android by bumping two phones together.
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He was found guilty of three counts of obtaining a money transfer by deception, three of fraud and one of forgery.
In Kenya, the M-Pesa mobile money transfer system was launched in 2007 and is now woven into the fabric of everyday life.
From there, Hartz went on to found Xoom an online to offline money transfer service that lets people send money overseas.
Jumps on board the Internet with westernunion.com, an online money transfer service.
In Wilmington myriad money transfer outlets compete for a thriving immigrant trade.
Meanwhile, there has been an explosion in Mogadishu at the main office of Dahabshiil, one of the largest money transfer companies in Africa.
Enabling lower cost money transfer and access to new financial services to billions of individuals in developed and developing markets, using mobile technology platforms.
Instead of folding our tent, we sought out another market where we could leverage our intellectual property: the international remittance or money transfer industry.
The pirated programmes were then allegedly transferred to customers via Gmail, and Mr Li and a second suspect collected payment through money transfer services.
From international money transfer to bill-pay to check cashing and prepaid, Walmart has been a pioneer of financial services for the emerging middle class.
Thomlinson admitted five charges of dishonestly obtaining money transfers, one of using a false instrument, and one of attempting to dishonestly obtain a money transfer.
Legitimate charities do not normally solicit donations via money transfer services.
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That is what inspired him to start Zoom, which was online money transfer, and that is also sort of the nucleus of why we created Eventbrite.
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On Thursday, Webber was found guilty of 23 out of 24 charges she faced, including fraud, obtaining a money transfer by deception and obtaining property by deception.
Some estimates suggest that half of all money transfers from migrants living abroad are done outside the formal sector - that is, banks or money transfer firms.
Until 2002, Argentina was the sole Latin American nation which sent out more money than it received in remittances, according to Western Union, an international money transfer company.
Shoppers in Kenya will do it by texting a cashier equipped with a relatively cheap handset like the Nokia 1208 essentially a face-to-face version of the M-PESA money transfer system.
With the widespread adoption of the mobile phone, especially in the developing world, we saw an opportunity to leverage our technology and significantly lower the cost of money transfer.
The former lieutenant colonel is accused of five charges of obtaining a money transfer by deception, three of fraud and three of forgery between January 2002 and December 2009.
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