remittances

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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Ripple To Buy 40 Pct Of Tranglo, Ramp Up Cross-Border Payments In Asia
Ripple To Buy 40 Pct Of Tranglo, Ramp Up Cross-Border Payments In Asia
March 30, 2021  |  Blockchain

Blockchain-based payments provider Ripple said it has agreed to acquire 40 percent of Tranglo, a cross-border payments specialist. This partnership will allow San Francisco-based Ripple to...

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Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets; Hello Inc. Files For US IPO
Today In Payments Around The World: European Commission Gives Go-Ahead To Nexi’s Purchase Of Nets;...
March 10, 2021  |  International

In today’s top payments news around the world, the European Commission (EC) has provided the approval for Nexi’s purchase of Nets, while Hello Inc. has...

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Nigeria Offers Cash Rewards For Digital Remittances
Nigeria Offers Cash Rewards For Digital Remittances
March 10, 2021  |  Digital Payments

Nigeria wants its citizens to get in on the digital shift. Specifically, the digital remittance shift. Digital payments have seen an uptick in the country...

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