Saturday, 23 January 2016

UNB launches campaign to encourage Egyptian expatriates to transfer money to Egypt

Union National Bank Egypt (UNB), in cooperation with its parent group in UAE, launched a campaign called “Transfer your money to your beloved in Egypt”. The service allows the bank’s clients in the UAE to transfer money without any fees. The free bank transfers are in US dollars and Egyptian pounds. This service originated because of the bank’s interest in supporting the Egyptian economy and providing better services for its clients. According...

Saturday, 9 January 2016

Climbing The Cross-Border Mountain

While there may be a trillion dollar cross-border commerce opportunity out there ready for the taking, the move to actually tap into the market is not as easy as it looks. Hikmet Ersek, CEO of Western Union, sat down with MPD CEO Karen Webster to discuss how the cross-border market is evolving and how decades of investment in compliance and risk management is a mountain too tall for most others to easily scale. The...