|
|
 |
|
Viewing report
|
|
|
|
Running a Successful and Cost Efficient Remittances Business
The Asian Banker, Sep 2008, Pages: 15
Over the last few years, the remittance business has grown in importance to commercial banks. While remittances were originated almost exclusively by money transfer agents, today banks are strategically leveraging their payments capabilities and extended distribution networks to tap into an industry that generates $23 billion in revenues. Banks have been launching new initiatives that allow a more varied blend of networks and consumer-facing technologies. The ability of banks to provide low priced solutions on a relationship basis, to form alliances with local banks, and the scale and efficiency to manage costs, among others, are important operational factors that determine the competitive advantages in a business that has seen a proliferation of offline and online players.
This report is part of the Consumer Banking Competitive Benchmarking Series and presents The Asian Banker’s composite view on the key elements and drivers that shape the remittances business.
Report highlights:
- This report captures important benchmarks players need to be aware of in running the business.
- It provides key operational insights into macro, market and street level fundamentals from which banks are able to build their own benchmarking templates and capabilities.
- It identifies operational best practices among financial institutions in developing a cost-efficient remittance system.
- It also identifies emerging strategies in growing remittance business and competing effectively.
- It outlines key success factors of an integrated business architecture and its processing system.
- It also outlines key quality management and service tools.
- It identifies technical advancements and their applicability in growing remittance business.
Reasons to purchase the report:
- Build your own performance management monitoring capabilities in the remittances business.
- Gain insights into the key drivers of the remittance business.
- Understand core functionalities and operational insights in growing and running a successful remittance business.
- Learn of extended challenges and solutions in the area of processing and registration.
- Facilitate building up your own scope of comprehensive products, services and solutions.
This report is aimed at:
- Heads of consumer banking, retail payments, remittance business, strategic planning, research and marketing.
- Non bank remittance institutions and online players who wish to improve their understanding of a commercial bank's remittance business.
- Research analysts in banks and non-banking financial institutions.
- Director of sales, senior sales managers, product and service developers and other sales personnel with responsibility of remittance products and services.
- Vendors and service providers targeting the financial services.
Customers who bought this item also bought
Building a Successful and Integrated Wealth Management Business
Remittances 2010: Products, Players and Strategies
Building a Scaleable and Profitable SME Banking Business
Building High Quality Client Interaction in Retail Financial Services in Emerging Markets
Global Money Transfer (Remittances) Market Report: 2011 Edition
Wealth Management 2011-2012: The Key Dynamics for Growth
Global Money Transfer (Remittances) Market Report: 2010 Edition
Branch Banking: Best Practice in The Worst of Times
The Finance Function: Achieving Performance Excellence in a Global Economy
Strategic Excellence in Card Outsourcing - Credit, Debit and Prepaid
|
|
|
|
