Sentences with phrase «money transfer industry»

Ripple wants to use its bitcoin - like XRP digital token to revolutionize the cross border money transfer industry, erasing scenes like this one where migrant workers from India change money at a stall in Malaysia.

The traditional payment and money transfer industry have remained practically stagnant in the last century because traditional financial institutions are inherently averse to change.

The overall remittance and money transfer industry is still growing.

The rise of smartphones and money transfer apps like Venmo and Square Cash is taking another bite out of the money transfer industry.

«Bitcoin and cryptocurrency will play an important role in the payments and money transfer industries and even more so in the developing world for which BitPesa is ideally positioned,» said Alan Patricof, founder and managing director of Greycroft.