Five Ways to Make the Best Choice With Remittance Platforms

Nonbank market players in the financial services industry are disrupting almost every segment leaving fewer chances to the major players. The cross-border money transfer industry is one of those segments where traditional institutions have suffered significantly. In the UK, for example, the top 20 nonbank money transfer providers account for over £40 billion of foreign exchange per year, saving customers over £900 million annually.

FinTech players like TransferWise and World First have increased the pressure on banks in terms of ...

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