| Document Date: 2014-05-01 14:24:54
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Company Leading Bank / Branch Bank / Western Union / Interbank / MoneyGram / MTOs / MasterCard / Grow Significantly Worldwide / / Country United Arab Emirates / Philippines / Singapore / India / / Currency AED / USD / / Event Product Issues / M&A / Product Recall / / IndustryTerm bank competencies / bank-sponsored products / consumer banking environments / technology advances / potential solutions / technology providers / remittance retail outlets / real-time communications / value services / bank competency / bank pricing / delivery network / e-banking / bank accounts / receiving infrastructure / se large network / non-bank alternatives / higher-risk services / bank / elegant solution / online channels / hybrid solution / banking / costly service infrastructure / bank systems / bank access / bank-to-bank transfers / ank products / remittance technology/operations / payments systems / e-kiosks / doorstep services / Internet service / online solutions / technology partners / / Movie F/X / F /X / / Organization International Monetary Fund / World Bank / Philippine government / Society for Worldwide Interbank Financial Telecommunication / / Person Maestro / / Position major driver / correspondent / / Product competitors High Importance Staged / / Technology SMS / ATM / cellular telephone / /
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Global Insights IT’S Time for Banks to Profitably Enter the Remittances Market BY Nitin Sumangali