The situation in Saudi Arabia for overseas workers is critical. During the oil boom migrant workers went from 5.3M in 2000 to 10.2M in 2015 according to UN figures. More than 1M have lost their jobs in 2016 and remittances are dropping more than 20% every month compared to last year's figures. Shivaji Sarkar wrote in The Pioneer: “The hiking petro...
08 September 2016 /payments /inclusion
The timing could not have been better. FATF just published – February 2016, a report that all Compliance Officers of this industry must read, entitled Guidance for a Risk-Based Approach for Money or Value Transfer Services (Summary – Full Report (69 pages). I want to highlight three statements in the presentation of the report: The risk-based app...
03 March 2016 /payments /regulation Financial Services Regulation
I think it is very important that every person in the International Money Transfer & Payments (IMT&Ps) industry reads the GAO Report published on February 16th, 2016, entitled INTERNATIONAL REMITTANCES: Actions Needed to Address Unreliable Official U.S. Estimate – Highlights Page (1 page), Full Report (62 pages). A second report published t...
02 March 2016 /payments /regulation Financial Services Regulation
Financial Services Regulation
Innovation in Financial Services
Giles AndrewsCEO at Zopa
Ben MarshCEO at iMeta Technologies
Boaz BarackCEO at Bonart Financial Performance Ltd
Dermot CorriganCEO at smartKYC
Brandon SpearCEO at TreviPay
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.