The money transfer business is a reliable business to operate in that people’s need to send money across borders will forever be evergreen. It’s also a line of work that doesn’t involve the messiness of mom-and-pop store businesses like stocking …
Common Risks With Running A Money Transfer Business Read more »
The business of money transfer is attractive to criminals looking to launder money or even non-criminals seeking legal loopholes to escape some form of legal payment imposed on their earnings by the law, hence the usefulness of anti-money laundering (AML). …
Understanding Anti-Money Laundering (AML) and Why it Matters Read more »
You’ve probably heard of remittance; people sending money or receiving money from abroad; perhaps you’ve done a few overseas money transfers yourself before. In simple terms, this is what remittance is all about. Sounds too simple? Well, it is on …
‘Money never settles’. If that statement means anything, it is as true as it sounds. Money continues to change hands as people and businesses use it in daily transactions. If it was easy for societies to do this during the …
The Way People Use Money Vs. the Way Businesses Move Money Read more »
Running a money transfer or remittance business can be daunting; especially when it comes to picking a money remittance software. Yet it is rewarding. The same goes for operating a Bureau de Change outfit or a bank. While the business …
6 Ways Our Money Remittance Software Can Turn Your Business Around Read more »
