Sending Money: Forex, Remittances, Migration and The Fintech Revolution
Sending Money: Forex, Remittances, Migration and The Fintech Revolution - Part 2: The Evolution of the Cross-Border Financial Services Industry by Hugo Cuevas-Mohr
English | November 1, 2023 | ISBN: N/A | ASIN: B0CMBXD635 | 311 pages | EPUB | 1.59 Mb
English | November 1, 2023 | ISBN: N/A | ASIN: B0CMBXD635 | 311 pages | EPUB | 1.59 Mb
SENDING MONEY Part 2 (2001-2030) is the history of the evolution of the Cross-Border Financial Services Industry, from the turn of the industry onwards. Large companies replaced ethnic money transfer services and the new millennium saw an enormous change as M&As and significant investments became part of the industry, research in remittances and migration appeared and made the news. Regulations changed drastically with the terrorism threat, and technology helped to manage the risk. Innovation led to the development of fintechs, and the payment revolution took hold. What will the future hold for this fascinating $200tn little-known industry?