This is the second part of the earlier video I made called: Is there Money To Be Made in the Money Transfer Business. In this video I talk about: Understanding Value Added Payments. Transcript: Hello my name is Faisal Khan. I am a banking and a payment consultant. This is as I guess a second […]
Is there fraud in the money transfer (remittances) industry? Of-course there is. Where there is money, there is fraud. Recent developments in identity technology, two-factor authentication and device fingerprinting technology (to name a few) have resulted in a system that presents a very difficult environment to commit fraud. Watch this short video to learn about […]
The lure and the size of the P2P Remittance market are huge. How big is the remittance market? Some say it is in the Trillions. Some say a few Billions. What is the actual number? Transcription: Hello my name is Faisal Khan. I am a banking and a payment consultant. And the question is how […]
THE DIGITAL REMITTANCE REPORT: How tech-savvy challengers are pushing the industry toward a digital-first future – Business Insider
This BI Intelligence report analyzes the global remittance market with its various players – both old and new – and discusses what the future might bring. Here are some of the key takeaways from the report: The global remittance industry is massive and yet still growing — remittances are expected to reach $615 billion by 2018 […]
Despite their importance, international remittances are plagued by a million and one issues from high costs to slow transaction times. To motivate and highlight ideas that have made significant contributions to improving remittances, Hugo Cuevas-Mohr (remittance expert) partnered with Mohr World Consulting and IMTC Conferences to develop the Remittances Innovation Awards (RemTECH Awards). These awards […]
Bitcoin Remittance Here is a brief presentation that explains the flow of funds and the basic concept behind Bitcoin Remittance, i.e. how to use Bitcoin as a means for value transfer for purposes of cross-border money transfer.
The world of remittances is changing fast. New innovative methods for money transfer are now being applied to the remittance industry with a pace never seen before. A question often asked of me is why a certain method of remittance is deemed correct and an alternative method not? Well, lets take a look at a […]
Here is something we made the other day. Remittance players at a glance. The infographic posted can be downloaded from here.