The Philippines, an archipelago of 7107 islands, is an important remittance market in Asia. Over 9.5 Million Overseas Filipino Workers send over US$ 24.3 billion (10.7% of the GDP) every year which makes Philippines the third largest recipient of remittance in Asia after India and China. In this vedio, Shivshankar V., our Resident Expert in […]
White labelling is quite common in the financial services sector. Smaller banks sometimes outsource their credit card operations to larger banks. The larger bank issues and processes the credit cards as white label cards, typically for a fee, allowing the smaller bank to brand the cards as their own without having to invest in the […]
State of Business Correspondent Industry in India – The Supply Side Story
This paper is based on a survey conducted by MicroSave in March 2012, with eleven leading BCNMs. The survey included gathering information on a variety of key outreach, transaction and activity metrics and a questionnaire to elicit qualitative aspects of BC operations.