
Tag "remittances"
Banks Remain Costliest Remittance Providers
Although wire transfers might be the quickest and most convenient way to send money, it is also exorbitantly pricey, especially when it involves international transfers. In fact, the World Bank’s Q1 2021 Remittance Prices World Quarterly report found that banks
Read MoreMonito-Ranking: Wise Named Best Money Transfer Service
UK-headquartered Wise, formerly TransferWise, has been named the best money transfer service in the world, ranking the highest in trust and credibility, service quality and customer satisfaction, a research by money transfer comparison website Monito found. Wise secured the highest
Read MoreWhat is Stellar Blockchain, and Why it Matters
Since the launch of the Bitcoin protocol over ten years ago, a horde of blockchain projects have emerged to solve various problems in the financial services industry, and in the remittances and cross-border payments area, perhaps one of the most
Read More7 Top Money Transfer Companies from the UK
The UK, and most particularly London, is undeniably one of the leading fintech hubs in the world. In 2015, VC-backed fintech investment reached an all-time high in the UK with US$962 million through 61 deals, according to KPMG and CB Insights.
Read Moreb-Sharpe, the Transferwise of Switzerland
Incorporated in 2006 and based in Geneva, b-Sharpe is a fintech startup providing currency exchange services at a lower cost – an average saving of 70% compared with traditional exchange services providers. The company aims to make currency exchange cheaper
Read MoreYacuna Closes Cryptocurrency Trading Platform, Swiss Tawipay Signs Partnership with IOM
In case you missed these two news: London-based Yacuna will close its cryptocurrency trading platform next month, and Swiss Tawipay has partnered with the International Organization for Migration to work toward the lowering of global remittances costs. Yacuna to
Read More