Guides

Exploring AI in International Money Transfers: Sendrater's Experiment with LLMs

At Sendrater, we are diligently observing the dynamic field of AI, particularly focused on how emerging advancements can elevate our customer experience. This journey, rooted in a culture of innovation, has steered us towards experimenting with Large Language Models (LLMs), especially in the realm of custom GPT models. Although still in the nascent stages, we are guided by the principle that kn...

Can Messaging Apps Disrupt International Money Transfers?

Transformations in the International Money Transfer Landscape

In the past decade or so, the international money transfer sector has undergone significant changes. The emergence of new players is challenging the dominance of...

Confused About the Number of Compare Remit Sites? We Are Too.

As a first-generation migrant thriving in a foreign land, the need to send money back home is both a responsibility and a privilege. Traditionally, you might have used services like the Bank of America wire transfer or other mainstream banking avenues. Yet, the digital realm whispers of more tailored options, leading you to terms like "send money internationally" or "world remittance". You're g...

Real-Time Payments Are a Better Way in International Money Transfers

Transferring money has always had its share of headaches, especially when it comes to waiting for the funds to clear. Real-Time Payments (RTP) systems are changing the game, making the process of sending and receiving money almost instant. We will explain the technical magic behind RTP, which makes it a much more efficient solution in the financial industry.

TL;DR:

• RTP s...

The Evolving Landscape of Hidden Fees in Money Transfers

The absence of physical goods in money transfers doesn't justify high fees, yet they prevailed due to a lack of competition. Today, emerging competitive players are reshaping the industry, moving towards transparency and lower fees. This article delves into this evolution, spotlighting...