money
What Is The Mid-Market Rate (or the Interbank rate)? Why Is It Important?
If you are remotely involved in the world of foreign exchange, whether it is an FX trade or buying/selling of FX or making cross-border payments, the mid-market rate is a team you will definitely come across. Here is a simple video that explains what it is and how it works.
Currency Cross Rate! What Is It?
Cross-rates are extremely important in the world of foreign exchange. They are used for getting access to complex currency pairs, where liquidity might be a problem, and when you are dealing with an exotic currency.
You Do Not Have To Be Afraid Of RaaS From The United States
There is a lot of misplaced opinions that working with the United States for remittances is inviting danger. Nothing could be further from the truth. I did this short video to explain the whole Remittance-as-a-Service (RaaS) from the United States and how it works (from a point of view of lowering and dismissing your fears).
Architecting A Mobile Wallet That Customers Want
This video aims to provide a thought-provoking look at how we should be addressing mobile money wallets in developing markets. The perspective is a notch above the vanilla roll-outs providers do today. It encompasses both the online and offline world, caters to the problem of cash-only markets where, due to taxation reasoning, merchants are hesitant …
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What Happens When Central Bank Issued Digital Currency (CBDC) Comes Out?
Central Bank worldwide are now poised to enter into the world of issuing their fiat currency, in the digital format as cryptocurrencies like Bitcoin or Ethereum are issued. This can have HUGE impact on how money will work once these CBDC (Central Bank issued Digital Currency) comes out.
Explanation of Cross Border Money Transfer (Pre-Funded and Non-Pre-Funded)
Explanation of Cross Border Money Transfer (Pre-Funded and Non-Pre-Funded)
Flow of Funds for Correspondent Accounts (for Remittance as a Service) – USA Only
A very quick flow of funds diagram on how remittance as a service works from the US. The PS here is the PLH (Principal License Holder). Key: PSP = Principal License Holder (the entity with the money transmitter licenses) [1] Customer signs up using a Correspondent White-labelled Website [2] All Client Registration, AML, KYC, etc. …
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