In 2012, I answered a question on Quora, How will money transferring between countries look in five years? I did not edit or touch the answer in any manner for five years. Well, now that the 5 years are up and over with, let’s do a check on where I was right and where I was […]
Episode 7 – What factors are important to you when sending money abroad? When choosing a money transfer company, what are top things one looks for? Well, worry no more. Having interviewed over 1,700+ people, here are some findings.
Episode 6 – Why Do Central Bank Hate Bitcoin Based Remittance If you are in the business of money transfer using bitcoin, you might want to give this a listen. It very briefly explains what central banks look for in remittances and why is it that they don’t like bitcoin based remittances.
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 […]
For the past couple of years, what started as a conversation to kill the boredom, has become a regularity. I now regularly converse with the taxi drivers or Careem captains whenever I am being shuttled from one place to another. I’ve always felt that these taxi drivers know a thing or two about how things […]
How to Start a Money Transfer Agency Money transfer agencies allow you to accept money from a client and transfer it to an institution or individual somewhere else in the world. They make money by accepting a fee or portion of the transferred amount as payment for the service. Money transfer agencies range from massive […]
While it isn’t illegal to send or transfer money to people in other countries, you can attract the attention of both the IRS and other legal entities if it appears that you are laundering money or hiding funds. It happens more often that you would imagine, and few people using international money transfers for unscrupulous […]
As soon as you look at the payment processing options available online, another one pops up. While some such as PayPal have been around for the long haul, there are other, newer online money transfer services that seem to be just as widely used. If you are going to put your online MS finance degree […]