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25
Sep

Which financial services do you use?

There’s no question that everyone works hard for their money. How to build up your finances, how to handle them and how you make your money work for you is always a top priority for families.

Of course, there are a number of different options for how you handle your money and through what services. The options are many and they are certainly familiar to each and every one of us.

To find out more, Xoom, a global leader in the money transfer business, took time out recently to conduct an exclusive survey of its Fil-Am clients. Xoom wanted to know more about how you handle your finances, so it asked a simple question: Which financial services do you use?

You could probably answer this one yourself. Perhaps not surprisingly, 79 percent of the respondents in the survey said used a checking account and the next highest percentage, 74 percent, said they used an ATM or debit card.

Credit cards are always popular, which is why 62 percent said that’s a financial service they use. What’s more, 54 percent of those who responded in the survey said they used a savings account and 51 percent answered that they used online banking.

24
Sep

Xoom Announces Instant Deposit Service to ICICI Bank Accounts in India

Xoom expands instant deposit service to one of India’s leading financial institutions

SAN FRANCISCO, CA, September 22, 2014 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, is now offering instant deposits to ICICI Bank accounts in India. This revolutionary service allows Xoom customers to instantly deposit money into their recipients’ ICICI Bank accounts, 365 days a year, including bank holidays. Instant deposits to ICICI Bank are processed through Xoom’s partnership with Punjab National Bank.

“Through our partnership with Punjab National Bank and the breakthrough IMPS technology, we are thrilled to expand our instant deposit service to ICICI Bank, one of India’s largest banks,” said Julian King, Senior Vice President of Marketing and Business Development for Xoom. “Instant deposits are available 365 days, including bank holidays, so customers will never have to wait. Speed and convenience are what customers expect from Xoom’s service and we continue to do just that in our mission to provide instant deposit to even more banks in India.”

In addition to ICICI Bank, Xoom also offers instant deposits to Punjab National Bank, HDFC Bank, Union Bank of India, Bank of Baroda, Federal Bank and Yes Bank.

Xoom provides great locked-in exchange rates for money transfers to India, and there is no fee when customers send more than $1,000 and pay with their U.S.-based bank account. Plus, Xoom continues to provide fast bank deposits within four hours to all other banks in India, including to NRE and NRO accounts, when sent during bank processing hours in India.

Customers can also download the Xoom App for Android and iPhone devices for free. Visit Xoom.com/mobile for more information.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to 30 countries in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended June 30, 2014, Xoom’s more than 1.1 million active customers sent approximately $6.3 billion to family and friends. The company is headquartered in San Francisco and can be found online at Xoom.com.

16
Sep

Overall, are you satisfied with your current job?

It’s difficult to enjoy your life to the fullest and be happy at home if you’re not happy at work. Figure that you spend 30 percent of each 24-hour day on the job each Monday through Friday, and that’s a healthy percentage of your life devoted to work.

So it would probably be helpful to you if you really like what you’re doing. Job satisfaction regularly shows up on surveys about gauging worker morale and how that affects your workplace and your home life at the same time.

Xoom, a worldwide leader in the money transfer business, conducted a survey of its Filipino American customers recently to dig deeper into how people like or dislike their jobs. Xoom asked this question: Overall, are you satisfied with your current job?

Perhaps not surprisingly, the highest percentage of those who took part in the survey – 76 percent – said that yes, they are satisfied with their current job. But that doesn’t include everyone.  Some might be looking around for a new line of work. Eleven percent answered the question by saying, no, they are not satisfied with their current job and 13 percent said that they are not really sure whether or not they are satisfied.

28
Aug

Xoom’s Newest Advertising Campaign for the Hispanic Market Features Testimonials from Actual Xoom Customers

Life Stories” latest in Xoom’s Award-winning Hispanic Advertising Lineup

 SAN FRANCISCO, CA, August 28, 2014 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has launched a new advertising campaign for the U.S. Hispanic market based on testimonials from Xoom customers.   Titled “Life Stories,” the multimedia campaign features customers who share their personal stories, to illustrate how much they trust Xoom for their money transfers back home.

“Our customers, through their life stories, do the best job describing the benefits of sending money with Xoom; so we made them the stars of our TV ads,” said Theresa Pasinosky, Director of Marketing for Latin America and Caribbean at Xoom. “It feels great to see how Xoom has changed our customers’ lives, and has given them some time back to spend with their kids. These are real life customers that depend on us to help them take care of their families. We need to be dependable, transparent and the best we can be. Always.”

A Xoom customer featured in the television commercials is Maria Mancia, She used to waste a lot of time going to the store, standing in line, waiting to send money.  This was time that she would have preferred to spend with her children, reading and playing. When she discovered Xoom, she was able to send money in one or two minutes using the Xoom app. Maria is a happy customer who understands the time-saving benefit of using Xoom –and not going to a store.

Two new commercials, which launched this week, can be viewed below:

Ricardo recomienda Xoom.

Maria te recomienda usar Xoom.

Award-Winning Campaigns
In 2012, Xoom won the Gold from the ANA Multicultural Excellence Awards for “Save the Pigs,” as best campaign developed to reach Hispanic consumers. This year, Xoom won a Silver Award and a Bronze Award in the 35th Annual Telly Awards for two television campaigns, “Red and White Heroes” and “Pony.”  The Telly Awards honors the finest film and video productions, groundbreaking web commercials, videos and films, and outstanding local, regional, and cable TV commercials and programs. For more than 25 years, the Telly has been a symbol of creative excellence.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to 30 countries in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended June 30, 2014, Xoom’s more than 1.1 million active customers sent approximately $6.3 billion to family and friends. The company is headquartered in San Francisco and can be found online at Xoom.com.

19
Aug

In a typical week, how many hours of overtime do you work?

Working overtime has become a way of life for many households. Longer hours, longer workweeks, often it’s all part of the job, and keeping it. Of course, working overtime also pumps up the paycheck a little bit, so overtime pays off even it is sort of expected of you.

It’s a tradeoff, though. You give up part of your week, but you also get paid for it. Some work at a few hours of overtime on the job during the week and then again, some people don’t work any overtime.

So what are the actual percentages of how much overtime you have? Xoom wanted to find out. Xoom, a leader in the global money transfer business, conducted a survey of its Filipino American customers recently and asked how much overtime you work in a typical week.

The vast majority of those who responded in the survey, 55 percent, said they do not work any overtime at all in a typical week. Up to three hours a week of overtime was the second-highest percentage, 18 percent of those who responded. Fourteen percent said they worked from three to 10 hours of overtime in a usual week and 13 percent said they typically worked 10 hours or more of overtime a week.

14
Aug

Xoom’s CEO Kunze Chats Bitcoin, Mobile Apps, and More

It’s a hot-button topic, to be sure, but for money transfer powerhouse Xoom, the use of bitcoin just might be something that eventually comes into play. That’s what Xoom CEO John Kunze said in a revealing interview with PYMNTS.com’s CEO Karen Webster. You can check out the story for yourself, and also click on the accompanying audio link.

Everyone knows that Xoom occupies a pivotal position in the global money transfer business, but many may not know that the bitcoin currency opportunity could have a place in how money is moved.

Or not. There’s a long way to go, Kunze said in the interview.

“I think anyone that wants to move money from point A to point B has to deal with . . . very important challenges that, for bitcoin to succeed, players in the ecosystem must also solve in addition to still being efficient and not costly.”

Kunze mentioned self-regulation, consumer protection and regulation as challenges for bitcoin to become part of the money transfer business.

Xoom’s chief pointed out that typically $500 billion in money transfers crosses borders each year, and he also touched on Xoom’s groundbreaking mobile app that’s making a lot of headway.

“More than half of our users are sending with our mobile app, which was a great milestone that we hit,” Kunze said in the interview.

13
Aug

When was the last time you visited the Philippines?

Traveling on a vacation or visiting back home may not be the best part of your year, but there’s a good chance it is. And getting back home to see friends and family and loved ones in the Philippines is at the top of the vacation list for many.

It cannot be easy to be away from those who are so close to you. And going back home to visit the Philippines may be a great opportunity to change that. Sometimes it’s costly and getting time off isn’t easy, either, but that started Xoom to thinking about traveling back home.

Xoom, a global leader in the money transfer business, conducted an exclusive survey of its Filipino American clients and asked this question: When was the last time you visited the Philippines?

As it turns out, the majority of those who answered the survey said it’s been recently. A full 24 percent of the respondents said they have visited the Philippines this year and 22 percent said they had visited the Philippines most recently in 2013.

Fifteen percent of those in the survey said they last visited the Philippines in 2012; eight percent said their last visit was in 2011 and 19 percent said their most recent visit was before 2011. Some 11 percent said they have not visited the Philippines.

5
Aug

Do you think President Aquino is doing a good job with the Philippine economy?

Politics can be a tricky or even polarizing topic, but there is one aspect of it that’s always in style. The economy. What’s happening with it and are you happy with the way it’s trending?

President Benigno S. Aquino III was sworn in four years ago with a significant mandate in his election. Son of legendary leaders in Filipino democracy, Benigno Aquino Jr. and Corazon Aquino, he probably has had enough time on the job for some opinions to be formed about his government’s handling of the economy of the Philippines.

Aquino’s government has pursued legislation reforms to build up investment opportunities and some reports reflect inflation at around 3.1 percent.

But Xoom, a global money transfer leader, wanted to know more. Xoom wanted to know how you feel, so Xoom conducted an exclusive survey of its Filipino-American customers recently and asked whether they thought President Aquino is doing a good job with the Philippine economy.

Aquino is doing a good job, according to 32 percent of the respondents in the survey. While 20 percent who took part in the survey said that Aquino is not doing a good job with the Philippine economy, the highest percentage of those who took the survey, 48 percent, said they had no opinion.