How Globalization Affects Small Businesses

In the age of the World Wide Web, everything is interconnected, integrated, and interdependent. The astounding technological advancements of the recent years have managed to shrink the world. Travel has never been quicker, real-time communications are commonplace, and commerce is…

virtual-currency_-a-new-dawn-of-money

We are now in the golden age of globalization. The world is no longer an unknown huge mass and space of wonder. The earth is still wonderful, but everything is getting closer, smaller, and faster. You can now transfer money…

7 Ways to Send Money Internationally to Virtual Employees

Of the costs mentioned in 4 common costs for managing remote workers, the most controllable are the payroll and remittance costs. Workers and BPOs will set their prices. You can get cheaper providers, but the quality and integrity of work…

hidden-costs

Hidden Costs of International Money Transfer Aside from the actual amount that you are sending to your offshore employees, you or the recipient is also paying for other charges. If you transfer money bank to bank, say for $1,000 USD,…

remote-worker

The Costs of Managing Remote Workers Outsourcing, remote workers, and globalization have taken the business world to new heights. The concept has dramatically changed the office working structure. With the change came the benefits and the challenges. Noted advantages of…

brexit

Although the jury is not yet out on what will happen, Brexit is undoubtedly damaging to the UK’s status as the world’s foremost fintech hub. As background, around half of all European fintech investment has been made in the UK,…

Payment Method Alternatives

When it comes to payments, there are plenty of fish in the sea to choose from. There are more competitors than ever in the payments industry; so, why should you stay with a service that doesn’t satisfy you. For many…

Is it safe to transfer money online

When it comes to international money transfer, people (including me) are a bit guarded. Exercising caution is not bad at all. However, it is good to debunk the myths from the facts. Here are 14 Misconceptions about money transfer services:…

Banks Involvement With Blockchains

  A Year Ago… A year ago, there wasn’t as much clarity as there is today on how soon banks would embrace blockchains. Realistically, it takes these heavily-regulated multinational companies quite a while to implement things as simple as a…

us dollar

The money transfer industry, which is as old as the banking industry, has in the past few years seen exponential growth, thanks to the rising number of immigrants in the developed countries. Concurrently, thanks to innovation and advanced technology, the…