mythbuster

Mythbuster: 5 Myths about Fintech

One of the true advantages of the digital age is the vast amount of information which is at our fingertips. However, the vast amount of information sometimes has a significant drawback; over “facts” which are actually myths or outright fabrications. The ability to spread information quickly by “sharing” so-called news stories or on blogs, without...

TransferGo Blog
Personal Finance

Understanding Your Credit Score

One of the necessities of modern life is having a good credit score. Credit scores are used to secure mortgages, car loans and credit cards. The interest rate that you are charged will often depend upon your credit score as well.  Landlords, insurance agencies and even some employers will also check credit reports. Many misunderstand...

TransferGo Blog
Guides

Guides: IBAN Codes – What are they?

Technological advances, an ever increasingly global economy, and a highly mobile workforce all influence society in a number of mostly beneficial ways.  However, all innovations and societal changes present new challenges which must be addressed. In the world of banking, the factors listed above, have made it necessary for systems to be put in place...

TransferGo Blog
Migrant Life

International Money Transfers: When is the Right Time?

Transferring money to another country can be a bit frustrating at times. Sending money overseas is becoming more and more commonplace as workers send money back home to family members and to pay bills, and expats make transfers to pay expenses or to make large purchases such as homes.  At one point being a “multinational”...

TransferGo Blog
Guides

What is the FX Rate

There is an economic theory that outlines the conditions for “perfect competition.”  The marketplace that comes closest to the ideal for perfect competition is the foreign exchange market; also known as FX or Forex. Since most of us do not hold economic degrees, we know little about perfect competition. Our understanding of FX is usually...

TransferGo Blog
Guides

TransferGo and the New Generation of MTOs

TransferGo is a money transfer company that offers inexpensive money transfers.  While TransferGo works with a significant number of business clients, the bulk of TransferGo’s clients are migrant workers and students studying in another country who are sending money back home.  Companies such as TransferGo are referred to as MTOs (Money Transfer Operators). TransferGo is...

TransferGo Blog