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HBL Takes Center Stage at IAMTN Summit in Dubai

HBL Takes Center Stage at IAMTN Summit in Dubai
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Battle on for a share of Zimbabwe's billion dollar remittance industry

Battle on for a share of Zimbabwe's billion dollar remittance industry
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COVID-19 Impacts on the Bangladeshi Diaspora

COVID-19 Impacts on the Bangladeshi Diaspora
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SH Financial Group hires payments expert Mohit Davar as Executive Chairman

SH Financial Group was launched in November last year with $3.5m funding
Khalid Talukder, Managing Director, Mohit Davar, Executive Chairman, and Kevin von Neuschatz, Group CEO of SH Financial Group
Image Credit: Supplied
The new digital treasury and payment services provider SH Financial Group has appointed seasoned industry expert Mohit Davar as Executive Chairman.
Davar is a payments expert and has worked in the industry in senior positions for over 25 years and joins the team to further accelerate SH Financial’s global expansion.
Over the last 10 years, Davar has nurtured and grown a variety of ambitious fintech companies. He is currently the President & CEO of T&J Capital Group, Chairman of the International Association of Money Transfer Networks, Co-Founder and Director of New Street Technologies Pvt Ltd, and Co-Founder of contactless dining app, QwikDine. ....

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Bangladesh is facing a major remittance loss due to Covid-19

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Bangladesh is facing a major remittance loss due to Covid-19
The New Nation
International remittances make up 7 per cent of Bangladesh s GDP, but Covid-19 has adversely impacted its migrants working in countries with strict lockdowns 23 February 2021
Amil Aneja and Sheikh Tanjeb Islam :
The economic importance of the more than 10 million migrants from Bangladesh who sent close to $18 billion in 2019 cannot be overstated. International remittances normally represent around 7% of Bangladesh s GDP. But the COVID-19 pandemic is having an acute effect on Bangladeshi migrants abroad, who are largely concentrated in countries with strict lockdown measures. Considering the large volume of Bangladeshi migrants in the Middle East, secondary economic impacts through depressed demand and falling oil prices will also likely add strain to the flow of remittances. ....

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