Migration in the world has sharpened the need for people abroad to send money to their families in the country of origin. Colombia joins the countries that are innovating to offer their citizens efficient, fast and secure mechanisms and platforms.
An example is the initiative of the financial group…
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Browsing Tag
remittances
Colombians on top of remittances from Chile
The Brazilians and Bolivians also transfer considerable amounts of money: around 317 dollars and 223 dollars per month respectively. The Dominicans send 151 dollars, the Peruvians 175 and the Haitians represent the lowest figure with 109…
Western Union opens remittances service to the Philippines
The money transfer giant Western Union signed the alliance with Coins.ph to allow Filipino residents to receive cash remittances safely and easily.
The agreement will ensure that national and international payments reach directly the…
Blockchain continues to change the financial scenario
The projections for this year and for the long term with regard to blockchain technology in the banking sector are positive. Analysts believe that more than 50% of banks and financial institutions will use it widely by 2020.
It will be…
Sunacrip will create platform for remittances in cryptoactive
Through a ruling, the National Superintendency of Cryptoactives and Related Activities (Sunacrip) of Venezuela announced that it will create a platform for sending and receiving remittances with cryptocurrencies.
On Twitter they gave more…
Hong Kong launches web platform for unbanked people
Bitspark is a web and mobile platform created in Hong Kong by Maxine Ryan -George Harrap- as an inclusion mechanism in the field of banking for people who do not have accounts but need to make payments, transfers and send remittances to…
Google will operate as a fintech in Europe
A complete surprise is the recent move of Google towards the world of banking business. The Internet giant has just obtained a license from the government of Lithuania to operate as a European fintech.
This means that the US empire will…