Month: August 2017

How a bank bet on fintech for its digital reboot | American Banker

First Tennessee ditched its multiple vendor relationships to revamp both online and mobile with D3 Banking, a relatively new entrant in the banking technology space; it was founded in 2008. First Tennessee took a leap of faith to hire a young digital services company for its overhaul of mobile and online operations, and it says …

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Summary of Western Union – Q2 Earnings Call 2017

Western Union Q2 Earnings Call 2017. Here are the summary points for the WU Q2 Earnings Call (2017), so that you don’t have to read all the report: Our digital business continue to excel with westernunion.com transactions increasing 25% Our Speedpay electronic bill payments business, however, again posted good result, delivering double-digit growth in the …

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Remittances: the huge cost to Africa in money transfer fees | Overseas Development Institute (ODI)

Weak competition, concentration of market power and flawed financial regulation all contribute to high remittance charges. Just two money transfer operators (MTOs) – Western Union and MoneyGram – account for two-thirds of remittance transfers. Why is the world’s poorest region paying the world’s highest money transfer fees? ODI has taken this issue up with African …

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Istanbul Calling…

Everyone has a calling. Very few of us are fortunate to hear ours and follow it. I believe my calling has come. I switched careers at the age of 40! “Suicidal-move” as many had termed it. “Shackle-Free” was how I looked at it. Seven years on, after assisting literally 1,000s of people and working with …

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