Money Transfers Newsletter, October 2008

Feature

Global Money Transfer Monthly

Jamaica: Storm ravaged nation seeks succor from expatriates

Mobile Banking Coming of Age in India

Indian Expats in Middle East on a High as Rupee Falls Ahead of Festive Season

Philippines Exclusive: A Recession? Not for OFWs

EditorSpeak

Interview of the Month

News

Bangladesh Bank eases forex regulations

Sudan central bank says Western Union rules on money transfer no longer valid

Change in law paves way for lower remittance costs

Indian central bank sets out m-banking guidelines

VeriFone appoints Senior Vice President

Earthport appoints Maitland as non-Executive Director

Pay Linx Financial appoints a new board member

Coinstar appoints new CEO

Heartland Payment Systems partners with Union Bankshares

Obopay India in alliance with Tagit to create common mobile banking infrastructure

Clear2Pay enters into collaborative partnership with Systar

Softub selects Metavante to launch Canadian retail financing programme

M2 Global to acquire FirstPay

Global Payments Asia-Pacific finalises JV expansion into the Philippines

Xoom.com enters into deal with ReD

Banque Atlantique selects Citi for consumer remittances

Islami Bank Bangladesh Ltd and MoneyGram sign deal

Citi and Andhra Bank enter remittance services alliance

DBBL signs remittance service deal with BPO

Global Payments announces agreement to acquire ZAO United Card Service

China UnionPay inks MoU with Global Payments

Globe partners with Western Union to rollout remittance service in the Philippines

Digicel teams up with Western Union to expand Diaspora programme in the US

Euronet Bulgaria selects Mellon Bulgaria for Diebold ATM rollout

Facts

New Product Launches

Data Releases & Key Statements during the Month

Stock Market Performance of Listed Companies

Key Economic Updates – Remittance Receiving Countries

Key Economic Updates – Remittance Source Countries

Currency Market Review

miscellaneous

Latin America May See Slowest Remittance Growth in 2008