The quest for new customers
February 1, 2010Leading Turkish bank Garanti is the first to offer, send and receive functions of the Western Union Money Transfersm service through its own website, as Ali Fuat Erbil, assistant general manager of Garanti Bank, explains.
Multicultural banking
February 1, 2010Scotiabank's need to provide a more rounded service for its customers across the globe led to a co-operation with Western Union, which has developed over the past 18 months. As the Canadian bank's managing director of core deposits and payments acknowledges, this arrangement has been mutually beneficial.
Argentine reserves row rocks investor confidence
February 1, 2010Argentina's president Cristina Fernández de Kirchner's decision to request central bank governor Martin Redrado's resignation has led to international investor concern about the monetary authority's independence.