Early in the summer of 2014, executives at Western Union offices around the globe began to notice something strange. The world’s largest money transfer company, Western Union Co. processes 31 transactions a second, and the money moves in distinct regional and seasonal patterns, like ocean currents or highway traffic. When disruptions occur or new patterns emerge, a knowledgeable observer can spot history unfolding in real time: The volume of transfers reflects the ebb and flow of nations’ economic growth and the vacillations of commodity markets. Natural disasters show up as sudden influxes of cash.
Tag: Money Transfer Service
How to Pick a Safe and Secure Money Transfer Service | CoolBusinessIdeas.com
It is now possible to send money to the Philippines in minutes,or to transfer money to other far off locales while sipping coffee in your pajamas. But staying safe and secure while doing so has become an increasing concern. Increasingly, the number of total losses from financial fraud continues to grow. Money transfers are an area where one can easily fall prey to scammers. Therefore, it is vital to choose a money transfer servicewith many safety measures in place.
Here are 5 security elements to look for in a money transfer service:
Dispatches From The Front 