Free press releases distribution network?

Agency / Source: Koncept Analytics

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Koncept Analytics Publishes New Report on Global Money Transfer Market - Report analyzes the historical trend of money transfers (Remittance) and the recent impact of economic slowdown on the industry. It presents the drivers of the industry and the opportunities for the MTO's despite a slowdown in the flow of remittances
Koncept Analytics Publishes New Report on Global Money Transfer Market

 

PRZOOM - /newswire/ - Delhi, India, 2009/05/11 - Report analyzes the historical trend of money transfers (Remittance) and the recent impact of economic slowdown on the industry. It presents the drivers of the industry and the opportunities for the MTO's despite a slowdown in the flow of remittances.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The money transfer market or the remittance market is extremely large and has been growing at a steady rate over the last two decades, driven mostly by a combination of long-term trends relating to immigration flows, disparities among national economies and technological innovation.

But the remittance from overseas workers, which is a financial lifeline for many developing countries, is under pressure as a consequence of the downturn in the global economy. With global GDP expected to contract by 0.9% in 2009 and with recession hitting the key destinations for migrants especially the United States, the European Union and the Gulf countries, the flow of remittances is expected to decline considerably in the year 2009. The developing countries that are popular for the export of labor have already started facing the inevitable problem of declining remittances with companies across the globe having started shedding employees.

And with declining volumes of global remittances, the formal and most popular channel for money transfers i.e. MTOs or Money Transfer Organizations are facing a decline in their margins. But the factors that are supporting the growth of revenues of MTOs are the shifting remittance volume from informal and illegal channels like the hawala system to the formal channels (as a result of stricter regulations on the backdrop of terrorist activities).

Another factor that is working in favor of most formal money transfer channels is the expanding networks of MTOs and the growing base of banks, especially in the remote regions of the developing countries. Technology is also playing a key role with mobile money transfers gaining huge popularity. Mobile money transfers are not cannibalizing the traditional money transfer markets as this channel is increasingly being used for transferring smaller amounts of money and hence also leverage by the MTOs.

The formal money transfer industry is highly fragmented with MTOs like Western Union, MoneyGram and Ria (Euronet) controlling a very small share of the total money transfer market. As the smaller and local players hold majority of the share but does not have enough financial strength for further investments or market their products and develop their brands, the global MTOs can leverage this opportunity and get a foothold in the regional markets.

The report broadly includes the following:

1. Money Transfer Market
1.1 Global Market Overview
1.2 Flow of Remittances

2. Supply Chain – Money Transfer

3. Growth Drivers

4. Competitive Threats to Remittance Market

5. Competitive Landscape

6. Company Profiles
6.1 Western Union
6.2 MoneyGram International
6.3 Euronet Worldwide (Ria)

7. Market Forecast

Figures and Tables
Figure 1.1: Global Remittance Market Volume (US$Billion): 2001-2008
Figure 1.2: Remittance Flow to Developing Countries (by Region): 2006-2008
Figure 1.3: Sources of remittances by recipient regions: 2008
Figure 1.4: Top 10 remittance-recipient countries (US$ Billion): 2008
Figure 1.5: Top 10 remittance-recipient countries (% of GDP): 2008
Figure 2.1: Value Chain: Remittance Industry
Figure 3.1: Remittances to developing countries: 1990-2008
Figure 3.2: African Migration Flows
Figure 5.1: Money Transfer Agents’ Market Share: 2008
Figure 5.2: Major MTOs-Number of Agent Locations
Figure 6.1: Western Union – Money Transfer Revenues: 2006-2008
Figure 6.2: Western Union: Agent location distribution
Figure 6.3: MoneyGram – Money Transfer Revenues: 2005-2007
Figure 6.4: MoneyGram: Agent location distribution
Figure 6.5: Euronet (Ria) – Money Transfer Revenues: 2006-2008
Figure 7.1: Global Remittance Market Volume (US$Billion) Forecast: 2009-10
Figure 7.2: Remittance flows to developing countries: 2009-2011
Table 3.1: Migrant Flow: Developing to High Income Countries (Millions)
Table 4.1: Mobile Money Transfer – Remittance Value.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Koncept Analytics

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Koncept Analytics Publishes New Report on Global Money Transfer Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Vikas Gupta 
+91-120-4130959 vikas[.]konceptanalytics.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Koncept Analytics securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Koncept Analytics / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today