Analysis of News relating to the Digital Money Ecosystem

Global Remittances amidst Global Uncertainty - MarketExpress

14/08/2017 Link to source

Global Remittances amidst Global Uncertainty Remittances are a new financial phenomenon and one of the main important sources of incomes based on its size and economic impact in the world. Data from (World Bank, 2015) indicates that global remittance has crossed 0.5 trillion dollars in 2015 which ...

Context

	World Bank (WB) World Bank is a regulatory body operating globally.
	International Money Transfer This category refers to the provision of international money transfer services.
	World Worldwide the payments market remains fragmented with many different payment services and technologies, drivers, business models and value chains.
	World Bank World Bank is a regulatory body operating globally.
	Remittance This relates to movement of money because of the need to send money back home. A remittance is a transfer of money typically by a foreign worker back to their home country.

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