Tokyo’s KYODAI Remittance is collaborating with Western Union (WU) to introduce cross-border, business-to-business (B2B) money transfers for corporate clients in Japan. This is the first...
Remittances to Mexico from the U.S. are seeing new highs, hitting a record $4.54 billion in July, Bloomberg reported. The massive increase was driven by...
Remitly, preparing to go public, detailed a cross-border payments opportunity worth in the trillions of dollars annually, and said that the global remittance market is...
In a statement released on Friday (Aug. 27), Singapore-based FinTech company Thunes said it has partnered with leading Pakistani retail bank Bank Alfalah to enable...
It was a two-for-one kind of day from Western Union. It released its Q2 earnings Wednesday (Aug. 4) alongside the announcement of its plans to sell Western...
In 2020, approximately 250 million migrant workers worldwide collectively sent $702 billion in remittances back to family and friends in their home countries every week...
For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...
Wise cofounder Taavet Hinrikus, who served as chief executive for three years through 2017 before becoming chairman of the company, plans to step down within...
An increase in remittances from Zimbabweans living in distant locales and sending more money home helped improve the local economy, Central Bank Governor John Mangudya...