remittances

Zimbabweans Sending More Money From Abroad Lift Local Economy
Zimbabweans Sending More Money From Abroad Lift Local Economy
June 09, 2021  |  International

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...

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Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial Services With UK Small Business Loans
Today In Payments Around The World: Klarna Unveils New UK HQ; eBay Moves Into Financial...
May 12, 2021  |  International

In today’s top payments news around the world, Klarna revealed London to be the location of its U.K. headquarters, while eBay is launching a tool...

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$540 Billion Remittance Figure Higher Than World Bank Expectations
$540 Billion Remittance Figure Higher Than World Bank Expectations
May 12, 2021  |  Global Payments

The pandemic wasn’t enough to completely dampen global remittance flows, according to a press release from the World Bank. Get the Full Story Complete the...

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GPay Teams With Western Union, Wise To Take P2P Global
GPay Teams With Western Union, Wise To Take P2P Global
May 11, 2021  |  Digital Payments

Remittances is a massive global opportunity: Every year, some $700 billion in funds flows across national borders as migrant workers ship funds earned working abroad...

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Nigeria Renews Cash-For-Digital-Remittance Offer
Nigeria Renews Cash-For-Digital-Remittance Offer
May 06, 2021  |  Digital Payments

The Central Bank of Nigeria (CBN) has renewed its cash reward incentive for using digital remittances, according to a bank memo addressed to all deposit...

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Tala and Visa Partnership Seeks To Ignite Stablecoin Use In Emerging Markets
Tala and Visa Partnership Seeks To Ignite Stablecoin Use In Emerging Markets
May 05, 2021  |  Cryptocurrency

Call it an ignition play for cryptocurrency — specifically, making crypto spendable, not just a store of value — across borders with the unbanked populations...

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Western Union Shows C2C X-Border Transfer Revenues Up 6 Pct
Western Union Shows C2C X-Border Transfer Revenues Up 6 Pct
May 04, 2021  |  Earnings

Western Union (WU) reported first-quarter earnings results that showed a rebound in cross-border activity, particularly in remittances, done digitally. Get the Full Story Complete the...

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Remittances Sent To Mexico Reached Over $4 Billion In March
Remittances Sent To Mexico Reached Over $4 Billion In March
May 03, 2021  |  Global Payments

Mexican workers abroad sent a record amount of money back to their home country in March, with remittances reaching $4.15 billion, Bloomberg reported. Get the...

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Remittances Sent To Mexico Set February Record; Top $3.2 Billion
Remittances Sent To Mexico Set February Record; Top $3.2 Billion
April 05, 2021  |  Global Payments

Remittances sent to Mexico saw their biggest increase in February since records started being collected in 1995, Reuters reported. Get the Full Story Complete the...

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