Tag money transfer

The Slow March Towards Real-Time Money Transfer

In today's digital age, the capability for instant money transfers exists, yet their widespread implementation remains notably sluggish. This article explores the underlying reasons, revealing how financial interests, regulatory barriers, and the advent of disruptive technologies like blockchain are shaping the landscape. As fintech innovations continue to push the boundaries, traditional financial institutions are faced with a choice: evolve to meet consumer demands for real-time payments or risk obsolescence in a rapidly changing economic environment.

Crypto: Navigating the Challenges for Money Transfer Operators

Unveiling the Top Ten Obstacles in Embracing Cryptocurrency for Global Remittances In the evolving landscape of global finance, money transfer operators (MTOs) are increasingly looking towards cryptocurrencies, especially stablecoins, as a means to revolutionize their services. However, the adoption of…

Understanding Visa Direct for Cross-Border Remittances

A Card-to-Card Transfer Guide IntroductionIn an increasingly globalized world, the need for quick and reliable cross-border money transfers has never been more crucial. Visa Direct, a service by Visa, is revolutionizing the way people send money internationally. This article delves…

Using Circle’s USDC for Settlement

USDC for settlement - Faisal Khan LLC

How MSBs are leveraging the power of USDC and Circle for cross-border payments to their counterparties. Cross border payments and settlements have been a crucial part of the global economy. However, traditional methods of transferring money across borders are often…

Fee or Free

Fee or Free- FAISAL KHAN LLC

Determining the price for a product or a service is the penultimate question. The money-transfer industry is no different. At present, the remittance industry has more or less the following models for pricing: The combination of the above-mentioned three models…