The study on the Payment Services Directive (PSD) and the Cross-Border Payments Regulation focuses on examining the effects of the fees and charges for cross-border payments. The study covers pricing to a large extent and also the scope of the PSD and Cross-Border Payments Regulation and the impact on innovation. The study starts by looking [...]

The remittance sector helps transferring money around the world. This industry appears to be continuously growing according to this report and this sector is widely used for payment transactions in Australia. The report highlights the close collaboration between Australian banks and money transfer operators. The report analyzes the following issues: The functioning of the remittance [...]

The report on Universal Commerce is giving an overview of the transformation of consumer’s buying behavior in the eCommerce context. The report then highlights what the explanation of the universal commerce and illustrates the differences between online and offline experiences through various examples. The consumers perceptive and services necessary for the universal commerce are also [...]

Earlier this year, DMA consultants (Leon Isaacs and Sarah Hugo) were commissioned by HTSPE and Eurotrends to produce and deliver the report: ‘EU Remittances to Developing Countries, Remaining Barriers, Challenges and Recommendations’.  Having spoken with over 100 contributors to the remittances and development agenda and visited a number of countries throughout the EU and Africa, [...]

In collaboration with the Merchant Risk Council, E-Commerce Europe and Innopay, EPIF presented its view on the Cross-border Business Transactions. The paper presents the key barriers and opportunities for the cross-border transactions, as well as the solutions for online payments.

The Briefing on Migration and Developments produced by the Migration and Remittance Unit of the Word Bank presents the officially recorded remittance flows to developing countries for 2010. Furthermore the briefing highlights the growth rate of remittances by geographical area as well as the expected Remittance flows to developing countries and on a worldwide basis.

The World Bank Group published a report in 2010 which aims to analyze the legal and regulatory framework and identified a standard approach to the remittance sector. The remittance sector is functioning based on cross-border person-to-person payments of relatively low value. This report identifies the reasons the remittance sector has to be standardized. One of [...]

This report presents an overview of the operation of international transactions in remittances. The report focuses on demography, transaction channels and regulatory aspects of remittances. Other issues the report covers are: The concepts and components of remittances; The data sources and estimation methods of international transactions; The compilation and data processing issues in the international [...]

The Risk-Based Approach Guidance for Money Service Businesses is divided into three sections. Firstly, the report underlined the usage of the guidance and purpose of the risk-based approach presenting the background, purpose, benefits and challenges of the Risk-Based Approach. Secondly, guidance for public authorities are analysed as well as the high-level principles for creating a [...]

The Word Bank published a report on general principles for international remittance services in January 2007. The report focuses on the issues listed below: The analysis of the key issues concerning remittance services such as the lack of transparency and understanding, infrastructure issues, legal and regulatory framework, lack of competitive market conditions and risks. General [...]