As a remittance sender, you want to select a money transfer company that is vigilantly pursuing human and technological resources to protect you and your family from online predators whose mission is to coerce you to send your money to them.
You are entrusting your money transfer company to safeguard your account with them, as well as the entire transfer process, so that your money arrives safely in the hands of your loved ones at home.
That is one big responsibility and you need to have confidence that the company you choose is up to the challenge. Your provider must be prepared to deliver rapid and effective intervention should anyone or anything compromise your ability to send money, or if you happen to fall victim to a scam.
Check to see if your prospective money transfer company is using top-of-the-line data security encryption, so that all information sent between your web browser and your money transfer company’s website remains private and secure.
Generally, if a provider is “bullish” on security, they will trumpet that fact on their website. More detailed information regarding certifications from third-party security and privacy organizations should also be available on their website.
So how secure is the Xoom?
At Xoom, we strive to be the most progressive money transfer company in the industry when it comes to the deployment of the latest and most robust security protocols to protect your data and privacy. And if anything interferes with the successful transfer of your money, we are ready to take immediate corrective action to resolve the issue and get your transfer through safely to your family.
We use 128-bit data security encryption, so all information sent between your web browser and our website remains private and secure. The entire Xoom website, even pages viewed without logging in, is served via encrypted, secure pages.
The servers we use to store your information are protected both physically and electronically. They reside behind a firewall and are not directly connected to the Internet. We regularly audit our security policies to ensure the protection of your personal data.
When you sign up with Xoom, you will immediately notice how much your business means to us and how committed we are to keeping you as a customer “for life.” From the welcome call you will receive right away when you sign up, through the highly-transparent on-screen disclosure of every part of your transfer, to the fact that nobody answers the phone faster when you really need help: you will discover that Xoom is no ordinary money transfer company.
And check out the NEW Xoom app – a fast, convenient and safe way to transfer money to your loved ones.
In the remittance universe, scam prevention is a team effort between the customer and money transfer company. If you do encounter any suspicious or unauthorized activity in your account, you should contact your provider immediately. In those cases, the money transfer company should immediately secure your account, conduct a thorough investigation and, if it turns out that someone has hacked into your account and sent money in your name, your money transfer company’s policy should be to cover you for the full amount of the unauthorized transaction.
Many of the top money transfer companies provide tips on their websites to help you protect yourself from harmful situations when sending money back home. The different types of scams are well-documented and a few online searches can provide a comprehensive list of the most “popular” scams in use today.
Here, we will quickly summarize a few of the most commonplace scams, just to give you an idea of what is out there and a few suggestions about how to spot them and prevent them from ever causing you trouble.
Send Only to People You Know – This is just common sense. Only send money to the family or someone you know well. Don’t send a dime to anyone you don’t know. Strangers will try all sorts of creative ways to con you out of your money. Family and friends only. Period.
Be Vigilant – Always be on the alert for scammers with offers that are too good to be true or who send you alarming messages that someone close to you is sick or in danger and needs money sent right away to prevent some sort of disaster. Other all-too-familiar categories of scams include lotto winnings, disaster relief, loans, classified ad purchases, fake checks, romance and a host of others. Bottom line: If you’re not totally convinced right away that it is a scam, independently verify with another family member or friend so you can be 100% sure whether it’s a scam or legitimate (rare).
Safeguard Your Password – Here’s another very important reminder: Don’t give out your password. And don’t create a password that might be easy for someone else to guess. Complex combinations of letters, numbers and symbols will go a long way to preventing any unauthorized person from gaining access to your account. If you do think your password may have been compromised, change it immediately and contact your provider.
Now that Colombia is in the Round of 16 at the World Cup, what’s the ceiling for Los Cafeteros? Look up. It could be that the sky is the limit. Colombia dominated Group C, winning all three of its games, racking up nine points, scored nine goals while allowing only two, and demonstrating that it is one of the top teams in the world.
Uruguay, the runner-up in Group D, is Colombia’s opponent in the knockout round, and they will meet Sunday in Rio de Janeiro. Chances are that Uruguay may have its hands full.
A new batch of stars is emerging for Colombia, featuring the electrifying James Rodriquez and also Juan Guillermo Cuadrado. Rodriguez, better known simply as James, is making up for the absence of the injured Radamel Falcao, his teammate on the French club, AS Monaco.
At 22, James may be the best young player in the World Cup. And if Colombia is going to advance further than its best previous World Cup finish – the quarterfinals in 1990 – James could very well make the difference.
Here’s another World Cup difference-maker. And you can score too with Xoom, the easiest way to send money to Colombia.
Argentina’s march through the World Cup continues with its final Group F match, against Nigeria, in Port Alegre, Brazil.
But you can be sure that Argentina is already looking ahead to the Round of 16, a ticket that Argentina has already punched with a 1-0 victory over Iran. And yet the race is not yet over. Argentina has six points and leads Group F, but Nigeria can say something about that and remains in the conversation with four points. While Argentina was edging Iran, Nigeria was doing the same with a 1-0 victory over Bosnia-Herzegovina.
So the top two teams in Group F collide, a meeting of Argentina scoring star Lionel Messi and the team-oriented defensive front of Nigerian Coach Stephen Keshi. Messi has scored a goal in both Argentina games while Nigeria has not allowed a goal in its two previous games.
Looking ahead to the knockout round, the Group F winner would play the second-place team from Group E, and that spot is far from decided, either France, Ecuador or Switzerland. And that Group F runner-up will play the Group F winner – France now leads.
And here’s something else to think about: score too with Xoom, the easiest way to send money to Argentina.
Just talking about food is usually enough to make everyone hungry. Sometimes you can envision a great dish on a plate and if you close your eyes, you can just about smell the aroma.
Most everyone has a Filipino dish that they like the best, their go-to favorite whenever they prepare it themselves or see it on the menu at a restaurant. Xoom, a global leader in the money transfer business, conducted a survey of its Fil-Am customers recently and asked ‘What is your favorite Filipino dish?’
As you might expect there were many answers and a lot of favorite dishes.
The survey found that 13 percent said the staple Adobo marinade was their favorite Filipino dish. Nine percent of the respondents said the stew Kare-Kare rated tops with them. Pancit, noodles that are also popular on birthdays, was the favorite of eight percent of those who answered the survey.
Lechon, the roast pork dish, attracted seven percent of the votes in the survey and Lumpia, the Philippines’ take on egg rolls, was chosen by five percent of the voters.
But the Filipino dish that was favored by the majority of the voters in the survey? Everything, said 51 percent. Just one more question. When’s dinner?
Colombia added to its rich soccer history, reaching the World Cup knockout round with a 2-1 victory over the Ivory Coast – combined with some good fortune. When Japan and Greece played to a scoreless draw in Natal, Brazil, it meant Colombia would advance from Group C to the round of 16 for only the second time in its World Cup history and for the first time in 14 years.
The pitch in Brasilia, Brazil, was littered with good news for Colombia. For the first time in its five appearances in the World Cup – 1962, 1990, 1994, 1998 and 2014, Colombia won two matches. And it’s the first time Colombia has reached the round of 16 since 1990.
But it wasn’t easy against a challenging Ivory Coast team. It took goals from two left-footed kickers to put Colombia on the right foot. The victory required second-half goals from Juan Quintero and the eventual game-winner from James Rodriguez to move on.
You can move on, too with Xoom, the easiest way to send money to Colombia.
With a 3-0 victory over Greece and a second success over the difficult Ivory Coast, Colombia is ready to take on the rest of the world.
Xoom Announces Instant Overseas Remittance Facility to India, Powered by IMPS (Immediate Payment service) – an NPCI initiative
Xoom and Punjab National Bank partner for a revolutionary launch of instant deposits to bank accounts in India
NEW DELHI, INDIA, June 17, 2014 — Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has partnered with Punjab National Bank (PNB), to roll out instant bank deposit services to bank accounts in India using the revolutionary IMPS (Immediate Payment Service) platform.
IMPS is a unique remittance processing platform, considered to be one of the latest technology in account-to-account remittance offered by the National Payment Corporation of India (NPCI), offering instant electronic fund transfer service 365 days a year.
“Xoom is committed to providing ‘instant’ in all of our services. Thanks to the great partnership with Punjab National Bank and the IMPS system, the families of Xoom users will receive their deposits instantly, even on bank holidays and weekends,” said John Kunze, President and CEO of Xoom. “This truly is instant gratification and a magical experience.”
Xoom’s breakthrough technology and IMPS’ cutting edge technology will let Xoom customers send money from the United States instantly to many prominent banks in India via the IMPS system in the coming weeks. Currently, IMPS has 63 banks as part of its ecosystem.
According to Mr. A.P Hota, Managing Director and CEO, NPCI, “the future of remittance is IMPS and we are delighted that Xoom and Punjab National Bank are already setting new standards by offering this innovative service so quickly to their customers, and helping NRI’s send money to their families, safely and instantly.”
“We are excited to incorporate IMPS and take our partnership with Xoom to a higher level, by providing instant deposits to NRI’s,” said Mr. K.R. Kamath, Chairman and Managing Director of Punjab National Bank. “This revolutionary IMPS system and Xoom will provide instant deposits for NRI’s sending money to Punjab National Bank and other bank accounts in India.”
To promote awareness of instant deposits, Xoom has created an innovative ad campaign with its brand Ambassador, screen legend Amitabh Bachchan. The TV commercials showcase the unique benefits of instant deposits from Xoom.
Xoom offers deposits to bank accounts in India including NRE and NRO accounts. Xoom also provides great locked-in exchange rates, and no fees when customers send more than $1,000 and pay with their U.S.-based bank account.
Xoom is a leading digital money transfer provider that enables consumers to send money to 31 countries in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended March 31, 2014, Xoom’s more than 1.1 million active customers sent more than $6.1 billion to family and friends. The company is headquartered in San Francisco and can be found online at Xoom.com.
About Punjab National Bank
Punjab National Bank is a leading Public Sector Bank in India headquartered in New Delhi with over 6,200 branches and 7,000 ATMs spread across the country. It serves over 80 million customers. The Bank has developed an advanced computerized module for speedy payments of remittances received.
The underlying concept behind IMPS is to provide customers “24/7, safe, secure and convenient” real-time remittance access that customers can avail during holidays also, to meet their various retail payments needs. By using IMPS, a customer can transfer funds real-time to another person or to a merchant, for any personal or commercial purpose.
IMPS which was initially conceptualized as a mobile-based person-to-person (P2P) instant remittance solution, has evolved as a channel independent, interoperable, multi-dimensional remittance platform to cater to widespread customer needs. In other words, IMPS facilitates in transferring funds seamlessly from one interface to the other – be it mobile, internet, ATM, USSD, etc., and from one service provider to another, from banking entities to non-banking entities (PPI), or vice versa, making it a truly interoperable platform.
About NPCINational Payments Corporation of India (NPCI) is the umbrella organization of all retail payment systems in India. It is set up by the banks in India with the support and guidance from the Reserve Bank of India and Indian Banks’ Association.
He’s the world’s best player and he’s Argentina’s brightest star, but that doesn’t mean Lionel Messi doesn’t have anything to worry about. Because he does. Messi is still in the shadow of the great Maradona, who almost single-handedly delivered a World Cup victory for Argentina in 1986. Messi needs a World Cup to prove his status on the biggest stage in football. He just moved a step closer.
“I know I have a responsibility, especially as captain, to the people of Argentina, but I try not to let the pressure get to me,” Messi said recently.
But the pressure is real. Argentina flamed out in the quarterfinals in the last two World Cups, in 2006 and 2010, and they desperately need the 26-year-old Messi, their goal-scoring machine, to come through. Messi scored only one goal in those two disappointing World Cups, but scoring hasn’t been much of problem for him – at least in qualifying. He had 10 goals in 14 games leading up to the World Cup.
And Messi did not disappoint from his position in the spotlight in Argentina’s World Cup Group F opener against Bosnia-Herzegovina, scoring what turned out to be the winning goal in the 65th minute of a 2-1 Argentine victory.
Jump into the action yourself with Xoom, the easiest way to send money to Argentina.
Radamel Falcao has been the star player for Colombia. But at the World Cup, center-forward Falcao has a different role. He’s the star cheerleader. Because he tore a knee ligament and had surgery in January, Falcao can’t play in Brazil, but he can encourage his Colombian teammates on the sideline.
Veteran former captain Luis Perea is also injured and will join Falcao on the sideline. They must have liked what they saw in Colombia’s first match.
Earning a reputation for fielding its best group of attackers in years, Colombia got off to a quick start in its first Group C match with a 3-0 victory over Greece. And Colombia still has a scoring star besides Falcao – Teofilo Gutierrez, who contributed a goal against Greece and is a danger whenever he’s in contact with the ball.
Relentlessly aggressive, Colombia, is just as strong when it doesn’t have the ball.
Coach Jose Pekerman said it’s obvious Colombia would like to have Falcao healthy and playing, but that’s not the reality. “We want to look forward,” Pekerman said.
Here’s a reality: score too with Xoom, the easiest way to send money to Colombia.
Too many people spend too much time not doing too much when they’re commuting to work. Certainly, traveling to and from work is not the most pleasant part of most workers’ days. Some commuters may have an easier trip than others, but that doesn’t mean it’s free.
Commuting to work costs money, sometimes plenty of it, which is part of the reason that commuting is not generally regarded as such a great experience.
The cost factor cuts across all lines of commuting and simply can’t be ignored.
So how much do you spend every week traveling to and from work? Global money transfer company heavyweight Xoom wanted to find out, so it conducted an exclusive survey of its Fil-Am customers recently and broke down the issue into something we all understand: Money.
Up to $25 every week was the answer for 53 percent of the respondents and 27 percent said their commuting costs were from $26-$50 a week.
As it turns out, those costs were on the low end. A full 11 percent who answered the survey said they paid between $51-$100 a week to commute to work. And four percent said they paid between $100-150 or more than $150 a week.