In these times, actions speak louder than words. What you can execute successfully, can literally mean the difference between surviving this crisis or being a victim to it. Here is a winning formula. Money transfer businesses are not exempt from…
A lot many money transfer operators, small and large are looking towards going digital. Not just going digital, but also are wondering on how to get on the bandwagon of all things crypto. The following article or video, whatever you…
The Process Learn The Language Fill Out the RAAS (Remittance-as-a-Service) Form Setup A Call Term Sheet Consideration Quote Referral Agreement Introduction to Service Provider So you have decided you would like to start a cross border payments company, whether this…
What Happens if You Do Money Transfer Transactions Without A License? When you do multiple money transfer transactions without a license, you are not only breaking the law! You’ve already broken the law. If you knowingly do this as a…
Regardless of the loan you’re applying for, all lenders should conduct a number of checks to determine whether you can comfortably afford the loan. As part of the Financial Conduct Authority’s (FCA) responsible lending rules, all financial institutions lending money…
Are you even allowed to rent a money transmitter license? A question I get often is if one can ‘rent’ a money transmitter license? The answer is essentially yes, but comes with a caveat. I did a short video on…
A lot of my banking friends are baffled why we make such a hue and cry for all things digital, specially when it comes to banking and payments. The simple answer is quality. Theory versus Reality. Let me explain… In…
I always keep saying, we don’t read enough of our history, but then again, we only have so much time. When one hears about the East India Company, we automatically equate the same to the British and their rule over…
Introducing Libra and Calibra Well. The inevitable moment arrived. Facebook has formally announced their plans to build a cross-border payment system that utilizes a form of stable coin, cryptocurrency and blockchain. A global currency called Libra, and the wallet that will…
Running a successful business isn’t easy. With a large number of jobs that need to be completed every day as well as staff to keep on top of there are a number of reasons why your business finances need to…