remittances

Remittance Tax Critics Warn of Unintended Consequences
Remittance Tax Critics Warn of Unintended Consequences
June 03, 2025  |  Cross-border Payments

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have...

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TerraPay and Wave to Promote Cross-Border Remittances in West Africa
TerraPay and Wave to Promote Cross-Border Remittances in West Africa
May 29, 2025  |  Cross-border Payments

Money movement company TerraPay launched a partnership with Wave Mobile Money. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
Remitly CEO Says Digital Driving Remittances to New Heights Amid Economic Uncertainty
May 28, 2025  |  Cross-border Payments

Uncertainty is the watchword of the current global macroeconomic environment. Tariffs are being raised, lowered, paused. GDP is slowing, almost no matter where you look....

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Administration’s Tax Bill Includes 3.5% Levy on Migrant Remittances
Administration’s Tax Bill Includes 3.5% Levy on Migrant Remittances
May 25, 2025  |  Cross-border Payments

It could soon cost more for migrants in the U.S. to send money back home. Get the Full Story Complete the form to unlock this...

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55% of US Consumers Poised to Adopt Digital Wallets for Cross-Border Payments
55% of US Consumers Poised to Adopt Digital Wallets for Cross-Border Payments
April 28, 2025  |  Mobile Wallets

There’s a shift in how consumers and small businesses are conducting cross-border transactions, according to the PYMNTS Intelligence report “Global Money Movement: How Digital Wallets...

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Western Union: Migration Slowdown Reduces Growth of Remittances Business
Western Union: Migration Slowdown Reduces Growth of Remittances Business
April 24, 2025  |  Earnings

A reduction in migration across Latin America led to slower growth in the remittances business at Western Union in the first quarter. Get the Full...

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Circle to Launch Stablecoin-Powered Cross-Border Payments Network in May
Circle to Launch Stablecoin-Powered Cross-Border Payments Network in May
April 21, 2025  |  Cross-border Payments

Circle, the FinTech firm behind the USDC stablecoin, said Monday (April 21) that it plans to start rolling out a new cross-border payments network in May....

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This Is How Americans Send Billions of Dollars Abroad Every Year
This Is How Americans Send Billions of Dollars Abroad Every Year
April 18, 2025  |  Cross-border Payments

Citizens and residents of the United States are the world’s largest remitters of funds to friends, families and employees abroad, with U.S. consumers, often migrants...

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42% of Consumers Prefer Digital Wallets for Cross-Border Payments
42% of Consumers Prefer Digital Wallets for Cross-Border Payments
April 10, 2025  |  Mobile Wallets

Consumers are turning to digital wallets as their preferred method for sending and receiving money across borders, signaling a shift in global money movement.  Get...

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