remittances

Remittance Firms Jostle for Dominance in Competitive UK-Nigeria Corridor
Remittance Firms Jostle for Dominance in Competitive UK-Nigeria Corridor
November 14, 2022  |  Cross-border Payments

Nigerians living in the U.K., — approximately 178,000 as of last year per the Office for National Statistics — have consistently ranked among the top...

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MoneyGram Teams With Beyon to Boost Real-Time Payments
MoneyGram Teams With Beyon to Boost Real-Time Payments
November 14, 2022  |  Faster Payments

Money transfer firm MoneyGram has teamed with Bahrain’s Beyon Money for a collaboration that lets Beyon users send money to more than 200 countries in...

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User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
User Experience Must Improve for Crypto to Gain Cross-Border Payments Use
November 09, 2022  |  Cryptocurrency

Whether you’re talking about remittances sent home by migrant workers or other larger sums moving from one country to another, cross-border payments are the part...

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Navigating Global Real-Time Rails Poses Challenges in India
Navigating Global Real-Time Rails Poses Challenges in India
November 08, 2022  |  Cross-border Payments

Globalization and the great digital shift are doing much to create new revenue opportunities for all manner of firms — large and small — that...

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Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
October 31, 2022  |  Cryptocurrency

China put in a mighty showing in blockchain data firm Chainalysis’ annual Global Crypto Adoption Index, landing a 10th place ranking despite the country’s total...

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El Salvador’s Bitcoin Remittances Drop Again Despite Potential Savings
El Salvador’s Bitcoin Remittances Drop Again Despite Potential Savings
October 28, 2022  |  Cryptocurrency

Low-cost remittances were one of the key selling points Salvadoran President Nayib Bukele cited when announcing the law that made bitcoin a legal tender in...

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Wise Hikes Transfer Fees, Upgrades 2022 Outlook
Wise Hikes Transfer Fees, Upgrades 2022 Outlook
October 18, 2022  |  Cross-border Payments

Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. As reported in the Financial...

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FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
October 10, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make...

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Tempo France, Orokii Team to Open Remittance Corridor
Tempo France, Orokii Team to Open Remittance Corridor
October 05, 2022  |  B2B Payments

Money transfer companies Tempo France and Orokii have opened a remittance corridor between the U.S., 27 European Union countries, the Philippines and Ukraine. “This partnership...

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