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The company was conned into paying more than £1million to a fraudulent caller. The conman told staff that the firm’s internet banking was the target of a virus. He managed to persuade them to transfer. money had disappeared.
Nigeria’s Central Bank has reversed a controversial decision which severely curtailed small to medium sized money transfer companies. one of the newly licensed MTOs told Quartz the policy reversal is down to lobbying by UK.
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He said: “You have to give advance money in India. country to transfer funds.
Sources close to the company. money internationally, which it claims saves them more than £1.5m each day. It is now profitable on an annualised basis – an important milestone for any tech start-up. The company boasts a 10% market.
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will increase the range of destinations its customers can send money to, with a focus on reaching the unbanked in Africa. Xpress Money has 200,000 agents.
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Currently the UK’s stands at the punishingly low 0.5%. This has been ‘manageable’ so far as deals offered by credit companies often mean no.
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"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends. media and entertainment company. Powered by.
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Goalkeeper Shay Given believes Newcastle United should make a move for.