International Money Transfer
we are a large multi-national looking for help in the design of an international money transfer hub and would like to understand if there are any experienced consultants available who we could engage on a temporary basis.
Ideally they would need to be available to help with defining the imt hub requirements with a strong focus on what is required in the aml / fraud / compliance area.+30 Other Responses
Money Transfer Industry In Latin America
We are doing an established us based investment firm that is researching the money transfer industry and would like to speak with those who can get us up to speed on the consumer market, particularly in latam (latin america). We think that the ideal expert will be within c-level/gm's, as well as vp's of marketing and sales, strategy, and agent development.
Potential companies of interest on the remittance side would include:
western union, dolex, moneygram, sigue, maxi, euronet/ria money transfer etc.
As a lesser priority but still of interest, would be the installment loans to this market. On the installment loan side you have players such as: world acceptance corp, security finance, western shamrock, sun loan company, regional finance, and covington credit
q1. Do you have a current understanding of the competitive landscape for money transfer services to latin america including traditional brick and mortar models (for example western union, moneygram etc), multi-channel (eg walmart) and pure play online models (eg xoom)? Please elaborate
q2. Can you speak to how often a money transfer transaction is accompanied by other financial services transactions such as check cashing that would require a brick and mortar presence? Please elaborate
q3. Do you have a current understanding of the unbanked and underbanked hispanic customer for remittance services, and a perspective on how levels of access to banking institutions and levels of assimilation may impact likelihood of shifting share of transfers to online/mobile platforms? Please elaborate
q4. Do you have a current understanding of where the unbanked and underbanked hispanic consumer is shopping for groceries? Are ethnic/hispanic specialty markets losing share to more mainstream grocery concepts or mass discounters (eg walmart)?
Please provide us your experience and knowledge based on our description above.
Thank you.+4 Other Responses
Money Transfer Options
We are a management consulting firm seeking an expert who is familiar with money transfer options for corporate banking clients with examples in 3-5 banks in n. America/europe in a conversation or mail correspondence.
· what are the predominate channels for corporations and medium-sized companies to transfer money (examples: fax, email, apps, phone, sms)
· does the bank have limitations on money transfer amounts and what are the policies required from signatories in authorizing money transfer?+13 Other Responses