Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Costly cash transfers are the preferred method of sending money to Africa - Quartz

15/06/2017 Link to source

Costly cash transfers are the preferred method of sending money to Africa At least that's the case with immigrant families sending money from the United Kingdom, one of the largest sources of remittances in the world. Despite the availability of digital transfer models, the majority of remitters still prefer cash-to-cash ...

Context

http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/uk.gifUnited Kingdom
The United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the north-western coast of continental Europe.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/framework/digitalservices.pngDigital Services
The Digital Services domain has been described by Shift Thought™ as a way to understand the different kinds of products and services that consumers and businesses are offered within the context of Digital Money.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/framework/imt.pngInternational Money Transfer
This category refers to the provision of international money transfer services.
Africa Region
World's second largest and second most populous continent, after Asia
Middle East & Africa
Middle East and Africa
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/world.pngWorld
Worldwide the payments market remains fragmented with many different payment services and technologies, drivers, business models and value chains.
http://digitalmoney.shiftthought.co.uk/wp-content/themes/shiftthoughtv2/spaces/digital-money/images/icons/transferbanamex.pngTransfer (formerly Banamex Transfer)
Leading mobile operator America Movil and US bank Citigroup have announced a joint venture to offer mobile banking throughout Latin America, in what would be a major boost to the take-up of such services in the region. The joint venture called Transf

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