Xpress Money, one of the world’s leading money transfer brands, has reached out to over 125,000 blue collar workers across the GCC providing them with focused financial literacy training over the last three months.
Fintech has the potential to alter financial services in the GCC by 2020, said an industry expert, adding that service is still in emerging status due to the lack of consumer confidence, issues of scale, and regulatory compliance.
Xpress Money, one of the world’s leading money transfer brands, witnessed a 12 per cent growth in its global operations in 2016, propelled by customer loyalty and a strong agent network.
Xpress Money saw its traditional remi
Xpress Money, a global money transfer brand, witnessed a 12 per cent growth in its global operations in 2016, propelled by customer loyalty and a strong agent network.
Xpress Money saw its traditional remittance corridors linking
WorldRemit, an online money transfer service, and Xpress Money, a global leading money transfer brand, have announced a partnership to open up new remittance routes across Africa and Asia.
Through Xpress Money’s extensive ag
Xpress Money, a global leading money transfer brand, saw a 20 per cent growth in its Qatar business in 2015 as compared to 2014.
The growth trend continued into 2016 as well, with Xpress Money’s September 2016 remittance fig
Remittances to low and middle-income countries (LMICs) are projected to hit $442 billion in 2016 – an increase of 0.8 per cent over the previous year, according to a World Bank report.
Remittances to the Mena region are expe
Xpress Money, a leading money transfer brand, has partnered with Dubai-based NGO SmartLife to offer education support for the children of blue collar workers employed in the UAE.
The initiative is spearheaded by Xpress Money&rsquo
Xpress Money, one of the world’s most dependable money transfer brands, has called for a liberalization of remittance markets towards an open structure to create economic efficiencies and equality in the Mena region.
Egypt received an estimated $19.7 billion in remittances from the world over in 2015, of which $1.83 billion came from the UAE, according to remittance data of World Bank.
Meanwhile, Jordan received $3.8 billion from countries acr