Fintech is the way forward for quicker, cheaper transfers

123rf/alexandersikov

Sending money home will get quicker and easier in the future, thanks to FinTech (Finance Technology).

Using an app to send money home could be commonplace in the not too distant future.

That's according to Sudhesh Giriyan, CEO of Xpress Money, who says digitisation has really gained ground in the last few years.

He adds that people might be hesitant to use apps in the beginning, but he's confident they will start using them more.

More from Business

News

  • 'Peace is not far away' says Erdogan after Putin meeting

    Turkish President Tayyip Erdogan, fresh from a meeting with Russia's Vladimir Putin, said he hopes to discuss a Ukraine-Russia peace plan with US President Donald Trump, adding that "peace is not far away".

  • UAE, Serbia deepen ties with new political agreement

    His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, and Serbia’s Foreign Minister Marko Đurić. have agreed to deepen political coordination after signing a Memorandum of Understanding (MoU) during talks in Abu Dhabi.

  • UAE strengthens child protection measures

    The UAE has introduced changes to its laws governing the care of children of unknown parentage, expanding custody options and strengthening child protection measures.