It's true that WestU and banks have monopoly over the remittance industry, but this can change with cryptocurrency. Bitspark is working in Tajikistan to pilot cryptocurrency remittances with a cash in and cash out component whereby the user does not have to use banks or expensive third parties. It does this with a platform that is given to money transfer shops that are agents and provide an easy way for them to buy and sell crypto without any tech knowledge nessesary. All ready this is working in eight countries.