Sending Money: Forex, Remittances, Migration and The Fintech Revolution: The Evolution of the Cross-Border Financial Services Industry

SENDING MONEY Part I (1987-2000) is the history of the evolution of the Cross-Border Financial Services Industry, based on the development of ethnic remittance services and their transition to Electronic Fund Transfers (EFT) at the end of the 1980s. Written by an industry insider with anecdotes from his life, the book explores the effect of technology innovations, migration trends, the foreign exchange business, and the development of the money transfer industry from both the sending and receiving sides of remittance corridors. The case of Colombia, Brazil and Cuba are explored in detail. As the century draws to a close an analysis of the impact of the money laundering efforts is presented and how it created the unfair persecution of ethnic remittance services.Read more