remittances

Wise Cofounder Hinrikus To Resign As Chairman, Former Netflix CFO To Fill Role

Wise Cofounder Hinrikus To Resign As Chairman, Former Netflix CFO To Fill Role
Wise Cofounder Hinrikus To Resign As Chairman, Former Netflix CFO To Fill Role
July 05, 2021  |  Personnel

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...

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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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