See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. An ancient and sophisticated anonymous banking practice is facilitating ...
Add Yahoo as a preferred source to see more of our stories on Google. Hawala is an informal payment system used by individuals who wish to make undocumented transactions.Getty Images The use of the ...
Known as hawala in India, hundi in Pakistan, or fei qian in China, Asia's underground payment systems are enormous and widespread. These ancient but unregulated systems have achieved notoriety because ...