Fintech Mobile & Online Payments

2016’s pick of the best money transfer blogs

2016's pick of the best money transfer blogs. Main photo: Rawpixel.com, Shutterstock.com
Written by Faisal Khan

Faisal Khan picks the best of the best when it comes to money transfer blogs, and the ever-so-close runners-up.

Choosing the top 10 remittance (money transfer) blogs was no easy feat, and it’s not because there are so many of them. In fact, there aren’t enough of them, but that’s a story for another time.

Personal emotions and associations aside, my team and I judged the various blogs on the following criteria:

  • Frequency of publishing
  • Quality of the content (how informative the information being presented was)
  • How much they talked about and covered the industry
  • Opinions
  • Usefulness
  • Engagement
  • How often we refer to them in our day-to-day usage within the money transfer field.

In no particular order, here are the Top 10 Remittance (Money Transfer Blogs):

TawiPay

TawiPay screen grab 2016.TawiPay was one of the first platforms on the web that enabled users to compare the price of remittance among different providers. The Swiss-based startup has come a long way since then. It is intimately knowledgable about the industry, and publishes a great blog that not only highlights the remittance trends, but also does product reviews, interviews and many a time is a great source for reporting data. It has upped its game by not only putting out engaging content, but actively now publishes video interviews and reviews.

SaveOnSend

SaveOnSend screen grab 2016.Another great money transfer comparison website. However, I know it best for its blog. It puts out very detailed (read: well-researched) content, especially analysis on various providers, dissecting and breaking down the nitty gritty. Often in my consulting assignments, I’ve seen clients refer to SaveOnSend analysis, which is used (a lot) by analysts in investment banking, private equity and venture capital.

XpressMoney

XpressMoney screen grab 2016.XpressMoney’s blog is lovely! I’m extremely biased when it comes to XpressMoney, as its social media efforts are top-notch among the money transfer/remittance players. The output is polished and hard to beat, and the blog is no different. The content is balanced, which I love, and is genuinely a pleasure to read (not to mention informative).

The World Bank – People Move

The World Bank People Move screen grab 2016.It would be sad day for all of us if the ‘oracle of remittances’ Dilip Ratha’s website/blog People Move wasn’t included in the list. The World Bank blog covers everything related to remittances, migration and development. Most of the information published on this blog is not only authoritative, it also has a sideways and downward mobility action (i.e., everyone cites it). I’ve said this before, there’s hidden gold in this blog. You have to dig it out.

Western Union

Western Union screen shot 2016.WU’s blog makes the list not because it is the largest player in the market, but because it publishes an extremely well-balanced blog. It’s not all about WU (you can visit the press section for that). It covers the human element. It is as if you were reading Medium. The blog has a more artistic tone and sometimes an entrepreneurial tone to it. It covers money, but in a much more dignified and subtle sense.

Azimo

Azimo screen grab 2016.Again, a very well balanced blog – not in-your-face marketing. What I love about the blog is that it caters towards topics and subjects that are the basis of remittances (i.e., migrant workers and the cultural blending in society that they have to deal with). It does a superb job of educating on various niches in the simplest of terms. British queuing just happens to be one of them!

Orbit Remit

OrbitRemit screen grab 2016.Orbit Remit is a first time entrant for us. I wasn’t a regular reader of this blog until recently. It covers the zeitgeist of money and the money transfer industry quite well. Balanced, well-written blog articles.

Moneytis

Moneytis screen shot 2016.Another blog that came on my radar very recently. Although it has just started out with blog content, whatever little it has is beautifully written and curated. Great guides for migrant workers, very well explained – wish it would put out more. It’s always a pleasure reading through it (yes, I do read the guides, and judge if it was just thrown in there, or whether real work goes into the content). In Monetis’ case, its the latter.

IMTC

IMTC screen grab 2016.If Dilip Ratha from The World Bank is the ‘oracle of remittances’, then Hugo Cuevas-Mohr is the ‘promised messiah’. For those in the money transfer/remittance industry, Hugo needs no introduction. Despite his work (and travel) schedule, he still manages to put out a stellar blog with deep insights into the industry because of the International Money Transfer Conferences.

TransferWise

TransferWise screen grab 2016.Great blog with lots of content. However, it can be a bit tricky the first time you access it. Seems there isn’t much content until you click on topics such as Global Finance, Business, Life Abroad, and so on. Very well balanced. TransferWise also has two other blogs, one for the US and one for the German market, which really doesn’t make much sense. It should just stick to a single blog, but then again, its their brand and their blog.

Other notable runners-up candidates

  • Abra. Got to love the name of this blog, aptly called Cadabra (as in Abra cadabra). Centred around bitcoin and remittances. You’ll actually learn a thing or two from this blog.
  • Pangea. Another great blog worth bookmarking.
  • TransferGo. Since we can’t fit everyone in the top 10, this blog is definitely worth saving and revisiting. One of the very few blogs that’s a pleasure to read. Aesthetically, it’s beautiful. The font I love and the content, well, that’s what made it come up as a runner up.
  • Ria Financial. Ria makes the list because it has some good content, but it sadly mixes its Press Release section, so to speak, with the blog, which is why it didn’t make it in the top 10 (in my opinion). I’d love for it to segregate Ria-related news from great content it otherwise puts out. It was too much Ria within the blog.
  • Remittances Gateway. Not a blog per se, but it would be criminal not to include this in the runners-up list. Contains a lot of data, news and resources centred around the remittance industry.

READ NEXT: The top 10 trends in banking innovation

– This article is reproduced with kind permission. Some minor changes have been made to reflect BankNXT style considerations. Read more here. Main photo: Rawpixel.com, Shutterstock.com

About the author

Faisal Khan

Faisal Khan specialises in cross-border money transfer and payment systems as a payments consultant and evangelist for digital money. He is a regular contributor to the Around the Coin podcast.

1 Comment

Leave a Comment