Category Archives: GBP

Venstar Helps Former WorldFirst Clients

Venstar learned yesterday that WorldFirst, an international payments provider, discontinued its substantial US operations, see  WorldFirst is a competitor of Venstar Exchange, providing many of the same services.

Two things set Venstar Exchange apart from WorldFirst:

  1. Service to our Customers. Venstar Exchange always puts the customer first. We go to great lengths to ensure that your international payments experience is easy, understandable and reliable, time after time.
  2. Safety of your Funds. One aspect of safe funds is strict adherence to US regulations which are designed to keep your funds safe and to deter criminals.  A second aspect of safe funds is in the safety of our computer systems and processes.

Although there are not many details regarding the World First move to discontinue their relationships with their US-based clients, we suspect that troubles in the areas noted above may have been factors. Venstar wants you to know that we are very strong on the points noted above.  We stand ready to help former World First clients to make their international payments without missing a beat.  Venstar is a strong company with the experience and customer-focus required to compete very effectively for your business.  If you are a former World First client, do not hesitate to contact us at +1-310-882-5558

The Fed backs off again

Yesterday’s Federal Reserve meeting resulted in a statement that basically said the US will not increase interest rates as much or as fast as previously expected.  Not surprisingly, the US dollar fell against most major currencies with the UK Pound Sterling being one of the biggest benefactors, setting six month highs near 1.60 in the process.