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Oct 20 - 3:00 Minutes
Oct 6 - 3:00 Minutes
Oct 1 - 2:30 Minutes
Sep 25 - 2:30 Minutes
Sep 11 - 3:00 Minutes
Aug 25 - 3:00 Minutes
COVID-19 has brought many changes this year. In the case of the money transfer industry, the immediate impact has not been a positive one. The World Bank has predicted that global remittance can decline up to 20% due to the pandemic.
June 212:30 Minutes
The World Bank stated that remittance is a vital source to support finance directly. The remittance has a positive consequence on the prosperity of migrant families and the development of their homeland.
May 272:10 Minutes
Digital payment technologies have evolved tremendously over the past few years. It has proved to be successful in this pandemic and turned the tables on how to do business. A recent survey reveals that 60% of consumers will be using digital and cashless payments due to growing health concerns.
May 212:30 Minutes
Going digital has become a natural trend across most industries, and Remittance is no exception. It brings both opportunities and threats to existing business models. On the one hand, the agent network stands to lose out.
May 202:10 Minutes
Remittances reached a record of $554 billion in 2019 by overtaking foreign direct investment (FDI) flows to low and middle-income countries(LMICS). Therefore, remittances have proved to be larger and more stable than FDI in India, oil exports in Mexico, and tourism in Egypt, Nepal, and Tunisia.
May 192:30 Minutes
The COVID-19 pandemic has placed unprecedented restrictions on all economic activity, triggering a global crisis worldwide. Remittances to developing countries are falling sharply as a result.
May 174:30 Minutes
Mobile technology is one of the most exciting forces shaping how people send and receive international remittances today. Around the world, people are shifting from traditional channels to their mobile phones.
May 122:20 Minutes
United Nations considers remittance as a connection between migration and economic development for remittance-receiving Countries. In 2018, remittances received by Thirty Countries altogether summed up to 10% of their GDP.
May 82:40 Minutes
CBDC(Central bank digital currency) will play a significant role in shaping the future of the remittance industry. Experts believe it will revolutionise the way Money Services Firms conduct their business.
May 43:12 Minutes
When most people come across the word "Artificial Intelligence", they think of robots. It is evident because big-budget films and novels weave stories about human-like machines that wreak havoc on Earth.
May 12:30 Minutes