OrbitRemit seeks to bridge banks' Pacific Islands remittance gap
RBNZ predicts Pacific calamity if correspondent banking relationships continue to decline.
Will Mace
Wed, 14 Jul 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Traditional banks may be pulling back from providing remittance services to Pacific Island nations, but fin-tech innovators are seeking to fill the void with transfers that cut cost and provide transparency.
The Reserve Bank of New Zealand has been highlighting a growing dearth of
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Will Mace
Wed, 14 Jul 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.