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World Savings & Retail Banks Institute Governance and corporate transformation of postal financial institutions Discussion paper The modern postal banking concept effectively contributes to lowering barriers to financial inclusion. Using post offices can help to eliminate access constraints across a … Read more
Postal banking experts from throughout the world convened yesterday at WSBI offices in Brussels to exchange ideas on ways to transform postal financial institutions (PFIs). The all-day meeting of 16 representatives from postal banks, international organisations and WSBI explored how … Read more
GMTS is the most recognized conference in the money transfer industry. The place where money transfer industry leaders gather to examine the areas that are having the biggest impact on remittances. GMTS Dubai 2018 brought together a global network of … Read more
This week offered a small but vivid reminder that we can’t expect banks to serve anybody except their shareholders. On Monday, Bank of America ended a free checking service used by some of its lower-income depositors called e-banking, which it … Read more
More than 1 billion adult Asians rely on the region’s 350,000 post offices. Over 2 million employees in more than 350,000 post offices and agents across Asia serve 1 billion of the 3.2 billion adults in the region (more than … Read more
This year’s conference attracted over 160 senior delegates from across the global remittance industry to discuss the challenges and issues impacting the industry. It was great to see 2 days of lively debate, thought-provoking presentations, networking and the chance to … Read more
A new report from Cass Business School finds that establishing a state-owned UK Post Bank would ensure the long-term sustainability of the Post Office by diversifying its portfolio of activities and increasing revenues. The report states that a Post Bank … Read more
Postal unions in Britain want the government there to scrap Bank of Ireland’s deal to provide banking serves through the UK Post Office. A report by Cass Business School for the UK Communications Workers Union (CWU) argued that the UK … Read more
The ANC’s national policy conference came and went in July without any concrete evidence of a broad policy shift. However, one outcome that raised eyebrows was the decision to continue to convert the Postbank from a deposit-taking institution into a … Read more
Japanese asset manager Japan Post Bank which set up a private equity arm in late 2015, is now looking at co-investment deals with General Partners (GPs) to tap into Japan’s small and mid-market space. The rest of the article can … Read more