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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

OrbitRemit seeks to bridge banks' Pacific Islands remittance gap

RBNZ predicts Pacific calamity if correspondent banking relationships continue to decline.

Will Mace
Wed, 14 Jul 2021

Traditional banks may be pulling back from providing remittance services to Pacific Island nations, but fin-tech innovators are seeking to fill the void with transfers that cut cost and provide transparency.  

The Reserve Bank of New Zealand has been highlighting a growing dearth of

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Will Mace
Wed, 14 Jul 2021
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OrbitRemit seeks to bridge banks' Pacific Islands remittance gap
General Business,
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