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MAY 13 - 2:42 Minutes
MAY 04 - 2:51 Minutes
APR 18 - 2:52 Minutes
APR 08 - 3:00 Minutes
MAR 29 - 3.30 Minutes
MAR 28 - 4:30 Minutes
The economy is in the middle of a technological revolution. This revolution considers the digitalisation of the financial system and even the design of money itself. Combining new digital technologies and greater online activity allows vast volumes of data to be collected, managed and telecommunicated.
Aug 253:00 Minutes
The unexpected resilience of remittance flows during the COVID-19 crisis highlights the importance of the timely availability of data. It overtakes foreign direct investment and official development assistance in low- and middle-income countries, but remittances can no longer be ignored as minor changes.
Aug 133:00 Minutes
It is common knowledge that laws and regulations are different based on which country you are in. And if you ever tried to transfer money outside of your country, you might have faced some obstacles or had to jump through different loops to do so.
July 133:00 Minutes
In recent years, Anti-Money Laundering (AML) compliance requirements have marked increased cost and complexity to banks globally. While many of these regulatory changes have increased financial system resilience and helped battle financial crime.
June 303:00 Minutes
The world's reliance on technology is changing the way we live. It influences our economic, social and financial behaviour and also changing our relationship with money. While social distancing is the new normal to some degree, it exacerbates the relevance to address real situations i.e "distancing" such as international migration.
June 243:30 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