Tag Remittances

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.

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…

The Lure of Remittances for Bitcoin Startups

Remittance Bitcoin Startup - FAISAL KHAN LLC

I’ll start with a confession. 10 years ago if someone had asked me what remittances were, I would have shrugged my shoulders and moved on. I had no inkling what they were and at the time, didn’t care. Today, things are different…

How Small Value Remittances can increase transactions in an economy

Small value remittances - FAISAL KHAN LLC

Introduction This article discusses the ability to make small-value remittances, across border in a seamless manner, without incurring any high-costs that are typically associated with cross-border money transfers. These micro or small-value transactions can literally uplift economies. There are (in my opinion)…

The Great Money Transfer Gold Rush

Money transfer Gold rush - FAISAL KHAN LLC

If you had asked professionals in the Fintech space about 7–8 years ago, what the word remittances meant, you’d be hard-pressed to find people who could accurately define it for you. Just for the record: I was one of them. Today, in…