Discover and read the best of Twitter Threads about #remittance

Most recents (5)

🧵on $BAX

During the #bankingcrisis people are losing faith in #traditionalbanking system. Users cannot access their funds, stock prices are plummeting, and impending #CBDC. THE WORLD NEEDS ANOTHER VIABLE SOLUTION!
$XRP $BTC $ETH #remittance #CryptoTwitter #cryptocurrency
/18
Bank Accounts Based on Blockchain (#BABB) was created by @Rushdaverroes in 2018. The goal was to leverages #blockchain, biometrics and machine learning to offer revolutionary decentralized banking services for people across the globe building a new global banking network!
/2
@getbabb intrinsic design has proven to be next generation as they offer a bank account on the #BABB platform, compliant with UK regulations, available to any eligible person or business in the world, instantly, without the need for a UK address or credit history.
/3
Read 20 tweets
Risk Management is not just about producing tons of reports that nobody wants to read in the office.
I am very angry to note that most of the #ERM/Risk Desks just produce day-end reports, which end up in the dustbin.
Risk Dept. should not be a tick the box function.
what is the point of preparing #VaR Reports, when the fund manager does not understand basic probability?
Rubbish!!
There is no point in hiring a world-class hard science PhD to do risk management work at financial institutions or elsewhere, if the board members have zero numeracy and data science skillsets, the staff in front and back offices have poor technical and academic backgrounds, etc
Read 8 tweets
1/

#Cryptocurrency has cross-border promise as more and more people are using #crypto to send money to family and friends abroad

@MorningBrew @haydenfield
bit.ly/3AEXzIM
2/
$540 billion in remittances flowed to low- and middle-income countries in 2020, per the #WorldBank

Most #remittance payments are made via wire transfer or bank transfer

Watch how #CBDCs could change this
bit.ly/3roCnDI
3/
Some of the biggest players in the money transfer space, like #WesternUnion and #MoneyGram, are beginning to team up with #crypto firms

With #crypto, you’re using a bank; with traditional, you're using an exchange/or holding company

@WiserIn10
Read 4 tweets
It's Time to Get Back To The Future!

10 Predictions About The Future of #Telcoin

#SendMoneySmarter $TEL Image
#Telcoin represents a look at the future of #fintech, #crypto, and the way people view efficiency, security and convenience with regard to many aspects of managing their money and investments.
Sadly, many newcomers to $TEL have little vision, depth of understanding, or patience when it comes to what #Telcoin has been building... and what's coming next.

These are my predictions for those needing perspective and patience.
Read 17 tweets
#Top10 #cryptocurrencies [by #MarketVolume] on the 3rd of April, 2020 according to Dxone Exchange.
Number 10:

#OKB token by @OKEx

It is an #ERC20 token with a market cap of 1,221 Million #USD. It's key utility is discounts on #trading fees, voting rights, ability to invest in #incubated projects and #sharing_revenue.

(Source: cryptobriefing.com/what-is-ok-exc…) via @crypto_briefing
Number 9:

#BNB by @binance

@cz_binance's brainchild, the BNB #token powers everything in the Binance ecosystem. What was once just a #cryptocoin for exchange is a full-fledged #Ethereum competitor and sits at 1,917 Million USD market cap
Read 12 tweets

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