International factor movements

Insights on the Factoring Global Market to 2027 - Ongoing Development and Implementation of Blockchain Technology Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 8, 2022

The Global Factoring Market is estimated to be USD 3.36 Bn in 2022 and is expected to reach USD 4.75 Bn by 2027, growing at a CAGR of 7.16%.

Key Points: 
  • The Global Factoring Market is estimated to be USD 3.36 Bn in 2022 and is expected to reach USD 4.75 Bn by 2027, growing at a CAGR of 7.16%.
  • Market dynamics are forces that impact the prices and behaviors of the Global Factoring Market stakeholders.
  • The report presents a detailed Ansoff matrix analysis for the Global Factoring Market.
  • By Type, the market is classified into International Factoring, Non-notification Factoring, and Notification Factoring.

Factoring Markets Report 2022: International Factoring, Non-notification Factoring, and Notification Factoring - Global Forecast to 2027 - Increasing Use of Digital Platforms for Trade Financing - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 31, 2022

The "Factoring Market Research Report by Type (International Factoring, Non-notification Factoring, and Notification Factoring), Industry, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Factoring Market Research Report by Type (International Factoring, Non-notification Factoring, and Notification Factoring), Industry, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
  • In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
  • It provides the idea of its revenue generation into the overall market compared to other vendors in the space.
  • The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Lack of digital infrastructure risks leaving millions of rural families in poverty - IFAD makes urgent call on International Day of Family Remittances

Retrieved on: 
Wednesday, June 16, 2021

The President of the UN's International Fund for Agricultural Development (IFAD) today called for urgent investments in digital infrastructure and mobile services in developing countries to ensure rural families are not left behind.

Key Points: 
  • The President of the UN's International Fund for Agricultural Development (IFAD) today called for urgent investments in digital infrastructure and mobile services in developing countries to ensure rural families are not left behind.
  • "Migrants have shown their continued commitment to their families and communities during the pandemic with more remittances transfers made digitally than ever before," said Gilbert F. Houngbo, President of IFAD, speaking on the International Day of Family Remittances .
  • "Unfortunately, families in rural and remote areas- where remittances are a true lifeline- battle to access cash outlets or alternatives such as mobile money accounts.
  • Governments and the private sector need to urgently invest in rural digital infrastructure to address this."

Bnext Announces Next-Generation Remittance Service Across Spain and Latin America with Blockchain-based Solution on Algorand

Retrieved on: 
Wednesday, June 2, 2021

During 2020, Latam received more than 100bn USD and Spain sent more than 18bn USD, with Latin America receiving most of the remittances sent by Spain.

Key Points: 
  • During 2020, Latam received more than 100bn USD and Spain sent more than 18bn USD, with Latin America receiving most of the remittances sent by Spain.
  • The money will be transferred between Bnext users, even if they are in different countries, and will be faster and more secure than it is today to send money between Bnext users in Spain or in Latin America.
  • Bnext is the most powerful Marketplace of financial services in Spain and one of the most prominent in Latin America, with more that 700,000 users and a rapidly accelerating user base.
  • Bnext and Algorand will provide an opportunity for this segment that goes beyond sending and receiving money," said Cristian Huertas, Head of Latam of Bnext.

Bnext Announces Next-Generation Remittance Service Across Spain and Latin America with Blockchain-based Solution on Algorand

Retrieved on: 
Wednesday, June 2, 2021

During 2020, Latam received more than 100bn USD and Spain sent more than 18bn USD, with Latin America receiving most of the remittances sent by Spain.

Key Points: 
  • During 2020, Latam received more than 100bn USD and Spain sent more than 18bn USD, with Latin America receiving most of the remittances sent by Spain.
  • The money will be transferred between Bnext users, even if they are in different countries, and will be faster and more secure than it is today to send money between Bnext users in Spain or in Latin America.
  • Bnext is the most powerful Marketplace of financial services in Spain and one of the most prominent in Latin America, with more that 700,000 users and a rapidly accelerating user base.
  • Bnext and Algorand will provide an opportunity for this segment that goes beyond sending and receiving money," said Cristian Huertas, Head of Latam of Bnext.

WorldRemit Identifies Top 20 Migrant Moments of 2020

Retrieved on: 
Friday, December 18, 2020

Today, WorldRemit , a leading cross-border payments company, celebrates International Migrants Day by announcing its list of the top 20 Migrant Moments of 2020.

Key Points: 
  • Today, WorldRemit , a leading cross-border payments company, celebrates International Migrants Day by announcing its list of the top 20 Migrant Moments of 2020.
  • Future Stars: WorldRemit and Arsenal Football Club welcomed the winners of the Future Stars competition to London in January.
  • The WorldRemit Entrepreneurs Program will run simultaneously in Nigeria, Ghana, Kenya, and Zimbabwe, from November 2020 through to the end of January 2021.
  • Transfer Tracker app: WorldRemit launched The WorldRemit Transfer Tracker mobile app for recipients of money transfers, which allows them to track their remittances.

The Diaspora Investment and Trade Deal Event shifts from years of in-person trade missions in Africa, to a 5-day virtual exposition during the pandemic

Retrieved on: 
Tuesday, November 24, 2020

As a result, 800+ people were in attendance, 100+ relationships were formed, and 30+ minority-owned businesses participated in discussions about contracting with enterprises in Africa.

Key Points: 
  • As a result, 800+ people were in attendance, 100+ relationships were formed, and 30+ minority-owned businesses participated in discussions about contracting with enterprises in Africa.
  • The United States is comprised of nearly two million African immigrants with direct kinship ties to the African continent and spending power of $40 billion.
  • Many among this contemporary Diaspora have gained prominence professionally and contribute economically to the U.S. and African economies, particularly through remittances in billions of U.S. dollars.
  • Known for supporting entrepreneurship ecosystems, VLA offers connections to trade partners, supply chains, tech transfer enterprises, talent, advisors and Diaspora users.

Global International Remittances and Money Transfers Report 2020 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 4, 2020

The "International Remittances and Money Transfers 2020 Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "International Remittances and Money Transfers 2020 Report" has been added to ResearchAndMarkets.com's offering.
  • The report is a comprehensive review of international migrant remittances and money transfers' market.
  • The report sheds light on numbers of consumers remitting funds in each of the markets, purpose of international transfers across key demographic segments, average value and frequency of transfers, providers used, and key considerations consumers have when transferring money internationally and choosing a provider.
  • This is a must-read, essential and unique report for all financial service professionals working in the international remittances and money transfers sectors.

SendMoney.com Partners up with Pangea to Launch a New Online Money Transfer Service

Retrieved on: 
Monday, September 21, 2020

Considering the importance of this issue for the people who moved abroad and still need to help their family and friends, SendMoney.com and Pangea are launching a new online money transfer service offering exclusive access to competitive exchange rates and a low processing fee.

Key Points: 
  • Considering the importance of this issue for the people who moved abroad and still need to help their family and friends, SendMoney.com and Pangea are launching a new online money transfer service offering exclusive access to competitive exchange rates and a low processing fee.
  • During these challenging times, staying connected and helping out family and friends have become more important than ever.
  • The importance of remittances has been on a steady rise in the past few months, and the launch of a new international money transfer service by SendMoney.com and Pangea comes to support the transition from offline remittances to safer, faster and lower cost online money transfer options.
  • Pangea Money Transfer is an award-winning mobile-centric money transfer platform that allows on-the-go users to send money from the U.S. to countries across Latin America, Asia, Africa and Europe in less than 30 seconds -- all for a low flat fee.

HashCash's Blockchain-based Remittance Solution to Global Banks via HC Remit

Retrieved on: 
Tuesday, August 4, 2020

PALO ALTO, Calif., Aug. 4, 2020 /PRNewswire-PRWeb/ -- HashCash Consultants is helping global banks to modify and transform their remittance operations and payment processing by leveraging HC Remit and integrating the same with their existing infrastructure.

Key Points: 
  • PALO ALTO, Calif., Aug. 4, 2020 /PRNewswire-PRWeb/ -- HashCash Consultants is helping global banks to modify and transform their remittance operations and payment processing by leveraging HC Remit and integrating the same with their existing infrastructure.
  • HC Remit has been designed to address and solve the core issues with cross border remittances.
  • An innovative financial product, HC Remit is used by banks, financial institutions, and even global exchanges to transact assets and keep records of the same along with enabling currency/asset movement across borders.
  • The key features of HC Remit include:
    Use of HC Remit benefits banks, exchanges, and financial institutions by:
    2.