remittances

Crypto Users More Likely to Use Mobile Wallets in Cross-Border Remittances
Crypto Users More Likely to Use Mobile Wallets in Cross-Border Remittances
October 08, 2021  |  Mobile Wallets

MoneyGram’s recent announcement that it will be partnering with the Stellar Development Foundation, a nonprofit organization, on an eWallet offering with near-instant settlements in Circle’s...

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50% of US Senders Use Mobile Wallets for Cross- Border Remittances
50% of US Senders Use Mobile Wallets for Cross- Border Remittances
October 01, 2021  |  International

Cross-border transactions are picking up steam, especially amid the pandemic. As many as 32% of cross-border remittances are sent to friends and family in need....

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Singapore, Malaysia to Test Cross-Border Payments 
Singapore, Malaysia to Test Cross-Border Payments 
October 01, 2021  |  International

The central banks of Singapore and Malaysia say their customers will be able to conduct real-time cross-border payment transfers via a mobile number starting next...

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Remittances Remain a Huge Business: PSP to Benefit By Offering Blockchain Compatibility
Remittances Remain a Huge Business: PSP to Benefit By Offering Blockchain Compatibility
October 01, 2021  |  International

Remittances are a dominant pillar for economic development in lower- and middle-income countries with a substantial migrant demographic. These foreign-based workers in developed countries regularly...

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Crypto-Based Remittances on the Rise; Nigeria Leads the African Pack
Crypto-Based Remittances on the Rise; Nigeria Leads the African Pack
September 28, 2021  |  Cryptocurrency

From in-person retail to digital options, the decade-long shift in how consumers send money abroad has expanded possibilities for cross-border remittances, and people are now...

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New Data: Almost 25% of US Cross-Border Remittance Senders Use Crypto
New Data: Almost 25% of US Cross-Border Remittance Senders Use Crypto
September 24, 2021  |  Cross-border Payments

Cross-border remittances are a lifeline for many developing economies, but high fees and long processing times can make timely payments difficult for those who may...

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Bitcoin, Stablecoins Will Transform El Salvador’s Economy, Stellar Foundation CEO Says
Bitcoin, Stablecoins Will Transform El Salvador’s Economy, Stellar Foundation CEO Says
September 21, 2021  |  Cryptocurrency

El Salvador’s grand bitcoin experiment, embracing what is arguably the granddaddy of cryptocurrencies as legal tender, is one that has had its share of turbulence....

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Remittance Startup Remitly Launches IPO Roadshow for Investors
Remittance Startup Remitly Launches IPO Roadshow for Investors
September 14, 2021  |  IPO

Seattle-based global remittance startup Remitly is beginning the roadshow for its initial public offering (IPO) in which it will offer more than 12 million shares of...

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DBS, SWIFT Partner to Offer Cross-Border Payment Tracking  
DBS, SWIFT Partner to Offer Cross-Border Payment Tracking  
September 13, 2021  |  International

DBS Bank, in conjunction with SWIFT Global Payments Innovation, is offering up-to-the-minute online tracking for cross-border payments, the company announced in a Monday (Sept. 13)...

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