The sheer scale of the expatriate workforce in the Gulf Cooperation Council region translates directly into one of the largest and most significant cross-border payment corridors in the world. A quantitative analysis of the GCC Remittance Market Size reveals a colossal industry, with the total value of outbound remittances from the six GCC nations consistently reaching well over $100...

The global Remittance Market Share is a fascinating story of entrenched incumbents facing a powerful wave of digital disruption. For decades, the market was a duopoly, dominated by two giants: Western Union and MoneyGram. Their market share was built on a foundation of unparalleled brand recognition and, most importantly, a massive, globe-spanning network of physical agent...