Remittance

A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.

Source: en.wikipedia.org

How To Live Forever In The Financial Services Space

How To Live Forever In The Financial Services Space
How To Live Forever In The Financial Services Space
August 10, 2017  |  Innovation

Slow and steady doesn’t win the financial services race. If you’re not ahead, you’re behind, especially if you’re playing on the global stage. Get the...

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Siam Commercial Bank To Use Ripple’s Blockchain For Remittance
Siam Commercial Bank To Use Ripple’s Blockchain For Remittance
June 30, 2017  |  Payment Methods

Siam Commercial Bank (SCB), in collaboration with Japan’s SBI Remit announced Friday (June 30) that it is using Ripple’s blockchain enterprise solution to power real-time...

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Wells Targets ACH Data Friction In Accounts Receivable
Wells Targets ACH Data Friction In Accounts Receivable
May 22, 2017  |  B2B Payments

As Wells Fargo looks to continue to pick itself up after a series of scandals, the FI is also positioning itself closer to the corporate...

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First Data, Flywire Partner To Transform X-Border Business Payments
First Data, Flywire Partner To Transform X-Border Business Payments
May 02, 2017  |  Partnerships / Acquisitions

Conventional wisdom may be conventional, but it is not always prescient. In fact, the most widely held beliefs are often the ones that miss the...

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Azimo Adds Payments Via Phone Number To Its App
Azimo Adds Payments Via Phone Number To Its App
April 27, 2017  |  Payment Methods

Azimo, the U.K. money transfer startup that has the backing of Rakuten, is reportedly launching a new feature that enables users to easily send money...

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UK Banking App Pockit Gets £2.9M In Funds As It Launches New Remittance Service
UK Banking App Pockit Gets £2.9M In Funds As It Launches New Remittance Service
April 26, 2017  |  Mobile Applications

Pockit, a mobile banking app targeting the U.K.’s underbanked, has picked up £2.9 million in additional funding and will soon launch a remittance service to...

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Remitly Expands To The UK
Remitly Expands To The UK
April 12, 2017  |  eCommerce

Amazon-backed independent digital money transfer startup Remitly recently told Reuters that it had launched its remittance services for users seeking to transfer money from the...

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Bridge21 Using Bitcoins For Remittance To Mexico
Bridge21 Using Bitcoins For Remittance To Mexico
April 10, 2017  |  Bitcoin

Bridge21, the startup in Mexico, is aiming to use bitcoin to send money internationally to Mexico. Get the Full Story Complete the form to unlock...

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Ant Financial Executive Shrugs Off Rival MoneyGram Bid
Ant Financial Executive Shrugs Off Rival MoneyGram Bid
March 20, 2017  |  Partnerships / Acquisitions

Ant Financial Services Group, the payment affiliate of Alibaba, isn’t worried about a rival bid for MoneyGram International, with a top executive telling Reuters he’s...

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