Today’s financial institutions need, more than ever, to cope with continuously changing technologies, business environments, competitive concepts, and consumer demands. More than a decade ago, the internet initiated a revolution in the global banking sector, with the dynamic and flexible nature of online technologies—as well as the ability of the internet to reach a never-before accessible customer base—have changed the way banks can, and should, do business. These changes, combined with an increasingly borderless world from a geographic standpoint, are opening up new opportunities for mainstream financial institutions (MFIs) to attract customers and realize significant returns on unexpected investments.
Running alongside these changes has been an explosion in country-to-country financial remittances. Yet one of the most remarkable facts about the global remittance market is not its enormity and the rapid pace of its expansion, but is, instead, the relative absence of MFIs as relevant players in the market. The reasons MFIs have traditionally stayed out of the remittance market, however, need no longer apply: Using the same online technologies that have revolutionized the way banks and their customers conduct other forms of financial activity, MFIs can and are finding efficient and lucrative ways to tap into this mushrooming remittance market.
Ebankmexico.com will use the following proposal letter to (1) provide an overview of the remittance market itself, (2) discuss the way MFIs are attempting to overcome their historical absence from the market, and (3) propose the sale of nearly 300 generic domain cluster names currently owned . That have been carefully chosen to maximize their purchaser’s potential to become the dominate player in today’s remittance market.
|