According to the UN, six of the world’s top ten remittance-receiving countries are in the Asia Pacific region, highlighting the critical role these funds play in supporting families. Yet, the industry faces growing pressures, from intense competition to falling transfer fees. Epsen Kristensen, Asia Pacific Managing Director of Ria Money Transfer, joins us to discuss how the company is navigating these challenges and if a digital bank is on the cards.

Produced by: Jake Lim

Presented by: Wong Shou Ning

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Categories:  markets,  economy,  international,  investments

Tags:  transfer fees,  overseas transfers,  remittance,  ria,  digital bank,  international money transfers,