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19
Jun

Colombia Beats Ivory Coast to Close on Knockout Round

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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.

17
Jun

Xoom Announces Instant Overseas Remittance Facility to India, Powered by IMPS (Immediate Payment service) – an NPCI initiative

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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.

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 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.

About IMPS
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.

16
Jun

The World’s Best Player and Argentina’s Brightest Star

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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.

16
Jun

Radamel Falcao Has Been the Star Player for Colombia

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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.

9
Jun

How much do you spend per week commuting?

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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.

29
May

Have you ever shopped online?

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Remember when the only way to purchase a washing machine or a book or a record or clothes or light bulbs or a sofa was to go to a store? Of course you do. Buying goods from the person standing in front of you was the way you did it, because there wasn’t really any other dominant choice.

So very long ago, right? The Internet changed everything as far as shopping and commerce go, just as it’s impacted a great deal of how we live our lives, enjoy entertainment, connect with friends and find out the answers to our questions.

Shopping at stores is still an option, but the availability and quantity of online shopping opportunities seems to be gaining in popularity almost daily.

Xoom, one of the world’s leaders in the business of digital money transfer, conducted a survey of its Fil-Am customers recently and asked this question: “Have you ever shopped online?”

The results were, of course, overwhelming. A resounding 89 percent of the respondents in the survey said yes. Only 11 percent said they had not shopped online.

Isn’t that just about the answer that you would have expected? What would your answer be?

28
May

Xoom Announces Instant Deposit Service to Punjab National Bank in India

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Xoom’s revolutionary technology expands its instant deposit network to one of the largest banks in India

SAN FRANCISCO, CA, May 27, 2014 — Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, is offering instant deposits to Punjab National Bank accounts in India.

This breakthrough service allows Xoom customers to instantly deposit money directly into their recipients’ Punjab National Bank accounts in India in less than a minute. Instant deposit is available 24 hours a day, seven days a week, 365 days a year, except during a maintenance window from 8 a.m. – 1 p.m. IST on Sundays.

“Xoom is tirelessly working towards providing a fast service for our customers and we are thrilled to announce this expansion of our instant deposit bank network in India,” said Julian King, Senior Vice President of Marketing and Corporate Development for Xoom. “This is great news for people who send money to Punjab National Bank accounts, who otherwise typically have to wait five days or more to access their funds. Through our expanded instant service, NRIs can send money anytime, anywhere from their computer, mobile phone or tablet and their bank deposits reach their recipients’ Punjab National Bank accounts in less than a minute.”

“This revolutionary service marks another milestone in our deep and long standing partnership with Xoom and its subsidiary buyindiaonline,” said Mr. K. Thyagarajan, General Manager, International Banking, Punjab National Bank. He further added, “We are pleased to offer instant deposit  to Punjab National Bank accounts for customers who send money from the U.S. to India and  look forward to bringing a whole new world of convenience and flexibility to our account holders.”

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.

About Xoom
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.

19
May

Plan on Sending Money for those going back to school?

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That time of year is rolling around again, possibly quicker than some kids want and yet they’re probably still really excited about it even if they won’t admit it. Yes, it’s three very big words:  Back-to-School. It’s coming right up and no child can return to school unprepared, so back-to-school shopping is in full force.

Of course, the expenses can pile up, which makes it a very good time to help out.

Xoom, a leading digital money transfer provider, conducted an exclusive survey of its Fil-Am customers recently and asked its clients if they planned to send money to someone in the Philippines for Back-to-School expenses.

Nearly half of the respondents in the survey, 49 percent, said they intend to send money back home to lend a hand in Back-to-School expenses. Meanwhile, 27 percent answered that they were not planning to send money, and 24 percent in the survey said they were not yet sure.

Schoolchildren probably think more about seeing their schoolmates again instead of how they’re getting a fresh start for a brand new year of learning in the classroom. But their parents also keep an eye on the bottom line, and Xoom is there to make it easy for friends and family to help out their loved ones.