Foreign exchange reserve falls to $41 billion as imports rise and remittances fall
Bangladesh’s foreign exchange reserve, which grew rapidly during the pandemic, has now fallen to $41…
Browsing: Remittance
Remittance and Money Transfer Software Market Industry Development in Middle East and Africa to 2022-2030 – Instant Interview
Remittances and Money Transfer Software Market Scenario | 2022 – 2030 Understand the influence of…
Bangladesh remittances top $2bn in April for Eid
Customers receive services at a branch of a bank at Motijheel in the capital Dhaka…
Mobile Money Transfer Services Market Size, Development Data, Growth Analysis and Forecast 2022 to 2028
Global Mobile Money Transfer Services Market provides the current effects of COVID-19 on the global…
India seizes $725 million in Xiaomi assets in illegal money transfer probe
India’s Law Enforcement Directorate, a financial crime agency, is investigating the Chinese company’s business practices…
Sending money abroad is easy with Outward Remittance
Sending money abroad is easy with Outward Remittance New Delhi : Sending a child to…
Money transfer companies take bigger share of currency sales – Jamaica Observer
Remittance companies make a higher margin on remittances than banks. IMMEDIATE past president of the…
Digicel targets remittance market – Jamaica Observer
Digicel’s global headquarters in Kingston DIGICEL says its plan to deepen its penetration into Jamaica’s…
Mobile Money Transfer Services Market Size, Outlook and Forecast
New Jersey, United States – This Mobile Money Transfer Services Market The report has segmented…
Growth in remittances slows in February
A collection of US dollar banknotes with euro banknotes can be seen in this photo.…
150 exporters share CBN’s 3.5 billion naira incentive for $60 million transfer – The Sun Nigeria
By Omodel Adigun For by pouring export earnings of $60 million into the economy under…
Global Digital Money Transfer Market Forecast to 2027: Compound Annual Growth of 12.4. % forecast with market reaching $38.81 billion by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The report “Digital Remittance Market Research Report by Remittance Channel, by End User, by…
Remittances improved slightly in mid-February and mid-March – myRepublica
KATHMANDU, April 12: Nepal’s Balance of Payments (BoP) stood at negative Rs 258.64 billion in…
New alliance targets Zimbabwe’s billion-dollar remittance market
By agencies Remittances are back in the headlines with news of a recently announced partnership…
Ripple Ranked as Top Remittance Provider in Association of Southeast Asian Nations Report: Details
A recent report, “Financial Technology and Inclusion in ASEAN”, cites Ripple as a notable remittance…
EcoCash captures USD money transfers with nationwide money transfer service
It was only a matter of time, wasn’t it? With the launch of national money…
Brac Bank honors Munshiganj remittance champions
Brac Bank recognized Munshiganj remittance customers and held an awareness session on the benefits of…
Global Digital Money Transfer Market Trends and Opportunities
Dublin, April 04, 2022 (GLOBE NEWSWIRE) — The report “Digital Remittance Market Research Report by…
Bangladesh records 25% growth in remittances in March
Bangladeshi migrants sent $1.86 billion home in March ahead of Ramadan this year, 25% more…
The market for mobile money transfer services is booming globally
“Global Mobile Money Transfer Services Market Research Report 2022″This research report offers Covid-19 outbreak study…
Pakistani rupee drops to historic low, boosting remittance prospects among expats
Dubai-based currency traders have been forecasting heavy remittance activity these days as for most of…
Borrowing and remittances support the CC Reserve
… as tourism revenues come to a halt MB Subba The country has managed to…
Stellar expands Philippines remittance corridor in latest partnership move
Tomiwabold Olajide Stellar-backed Velo Labs and Philippine Digital Asset Exchange (PDAX) have collaborated in a…
Updated Reports on Remittance and Money Transfer Software Market Size, Growth, Revenue, Regional Analysis – 2028
The Global Money Remittance and Transfer Software Market The report emphasizes on a detailed understanding…
RDRM31195 – Residence, Domicile and Remittance Basis Manual – HMRC Internal Manual
There are times when a person is unable to transfer income or capital gains to…
Remittance and Remittance Software Market Drives Growth Globally
“Global Remittance and Money Transfer Software Market Research Report 2022”This research report offers Covid-19 outbreak…
Surge seen in remittance flows since rupiah float – Business News
A sudden surge in remittances has been seen…
Global Remittance and Money Transfer Software Market Research Analysis 2022
MarketQuest.biz released a new report titled Global remittance and money transfer software market, which includes…
Money Transfer and Remittance Software Market Status, Estimates and Forecasts by 2030 | Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, etc.
Remittance-&-Money-Transfer-Software-market Global Market Reports offers a global study based on research and analysis on “Global…
What is a payout?
People use remittances to send money to family members who live in another country. Remittances…
Uncertainty on installment allowance of Rs. 38/- for $1
COLOMBO (News 1st); There is uncertainty regarding the incentives for workers’ remittances granted by the…
Russia releases list of ‘hostile countries’ – has implications for overseas remittances
The Russian government on Monday approved a list of foreign states and territories deemed to…
More Omani Rial Remittance Value for Indian and Pakistani Expats
While PKR hit an all-time high earlier this month at PKR464.92 against an OMR and…
Global Digital Money Transfer Market Research and Forecast, 2022-2030
company logoGlobal Digital Money Transfer MarketGlobal Digital Money Transfer MarketDublin, March 04, 2022 (GLOBE NEWSWIRE)…
Sokin targets world’s largest remittance market with digital payments wallet
Sokin Logo India is known to be the largest recipient of remittances in the world,…
Remitly reports $458 million in revenue in 2021, up 78%, as money transfer company suspends service in Russia
Remitly went public last year. (Remitly Photo) Remitly shares rose 9% in after-hours trading on…
The market for mobile money transfer services is booming worldwide with TransferWise, Currency Cloud, Mobetize Corp. – business philosophy
the Mobile Money Transfer Services Market The research report is a competent and top-down research…
CFPB updates examination procedures for funds transfers
On February 14, the Consumer Financial Protection Bureau (CFPB) updated its Supervision and Reviews Handbook…
Kenya: World Remit sees technology speeding up remittances to Kenya
Nairobi – Global payments company, World Remit, is seeing remittances to Kenya grow aggressively in…
Mobile Money Transfer Services Market 2022 | Global industry expected to experience significant revenue growth through 2028
“Global Mobile Money Transfer Services Market Research Report 2022″This research report offers Covid-19 outbreak study…
Tanzania, Uganda and South Africa are the main African markets for remittances to Kenya.
However, compared to the same period last year, remittances from the diaspora increased by 21.7%,…
Coinbase Will Allow Remittance Recipients In Mexico To Collect In Local Currency CryptoBlog
Coinbase, a leading exchange based in the United States, has announced that it will now…
Headwinds hit recovery as MCCI sees spiraling prices and sluggish remittances as challenges
FE REPORT | Published: February 19, 2022 08:27:32 | Update: February 19, 2022 11:46:35 p.m.…
Vietnam, inbound remittances and the power of blockchain
Incoming remittances have made remarkable contributions to Vietnam’s economic growth. Philip Ziter, an attorney in…
Coinbase aims to take a bite out of the $700 billion US remittance market – to allow Mexican users to cash out Bitcoin, Ethereum, Dogecoin in local currency – Converted Organics (COIN)
Coinbase Global Inc. (NASDAQ:COIN) will allow users in Mexico to cash in their cryptocurrencies like…
Despite CBN claims of $100m Diaspora rebate, Nigeria’s foreign exchange reserves are running low
Recently, the Central Bank of Nigeria claimed that remittances from the Nigerian Diaspora increased significantly…
Coinbase launches crypto funds transfer pilot program in Mexico
Text size Michael Nagle/Bloomberg Coinbase is expanding into the global payments space by launching a…
Despite CBN claims of $100m weekly remittance from diaspora, Nigeria’s foreign exchange reserves are depleting very quickly
Despite claims by the Central Bank of Nigeria that diaspora remittances jumped 1,566.6%, Nigeria’s foreign…
WireBarley partners with Tencent Financial Technology for global remittances
Seoul, South Korea, February 14, 2022 /PRNewswire/ — WireBarley today announced its partnership with Tencent…
Lanka targets $10 billion in remittances by 2030
Foreign remittances to the country plummeted last year due to a thriving gray market offering…
Mobile Money Transfer Services Market Size and Growth
New Jersey, United States,- This Mobile Money Transfer Services Market The report includes an in-depth…
BoundlessPay solves global money transfer problems in Africa
The cryptocurrency market has multiplied in recent years, and it is no coincidence that the…
Mobile Money Transfer Services Market 2022-2030, by Top Key Company Profiles – Azimo, peerTransfer, Mobetize Corp., WorldRemit, TransferWise, Ripple
The Mobile Money Transfer Service industry market report is a perfect basis for people who…
Remittance and Money Transfer Software Market to Witness Exceptional Growth from 2021 to 2026
The Remittance and Money Transfer Software Market research report provides a granular analysis of this…
Main remittance corridors of the world
Do you know how important remittances are for any country? Remittances are the flow of…
Payment delay for expats in Oman as South Asian currencies falter
Muscat: Expats from South Asian countries who want to send money home can currently get…
NALA raises $10 million to boost remittances in Africa
NALA, a Tanzanian cross-border payments company, has reportedly announced it has raised $10 million in…
Steady remittance flows to fuel the next stage of socio-economic growth in India
Despite disruptions to economic activities, employment and travel restrictions, remittance flows around the world have…
Bitcoin Remittance Revolution: Will Africa Lead the Way?
Africa might as well be the new home of Bitcoin. Mobile phone penetration, weak national…
Outbound Remittance Data Sharing – Journal
THIS is in reference to the report “SBP tightens rules on the purchase of foreign…
Build a decentralized communicative funds transfer platform
The era of Web3 begins, where the exchange of digital assets in the world is…
WadzPay and LedgerFi – An Unbreakable Bond: Building a Decentralized Communicative Money Transfer Platform
SINGAPORE, Jan. 24, 2022 (GLOBE NEWSWIRE) — As we enter an era of Web 3.0,…
5 other income categories included
Overseas employees will receive a 2.5% cash incentive if they send five categories of service…
Expanded scope of cash incentive for remittances
The Bangladesh Bank on Thursday included five other sources of income, including pension benefits, of…
Private sector urges government to develop mechanism to facilitate remittances through banking channels – myRepublica
KATHMANDU, 20 January: The private sector has asked the government to provide subsidies to increase…
The scope of cash remittance incentives is expanding
Expatriate Bangladeshis will get a cash incentive of 2.5% if they pay five categories of…
Earnings from workers’ remittances plunge to new low in December – Business News
Despite various concessions offered, remittance income in December fell by 60% Full-year remittance revenue down…
How Ease of Remittances Drives Financial Inclusion
The role of foreign remittances in a nation’s development can hardly be overstated with over…
Cryptocurrency faces ‘hurdles’ to remittances amid growing use for wages
From Bitcoin to Etheruem, interest in cryptocurrencies has skyrocketed in recent years and pushed prices…
Rising inflation, lower remittances and depletion of foreign exchange reserves
Rising inflation, lower remittances and depletion of foreign exchange reserves Bank of Nepal Rastra, Baluwatar.…
UnionPay and MaxMoney launch real-time X-border funds transfer service to nearly 50 markets, Business News
Customers will benefit from fast, easy and secure money transfer at the best exchange rate…
High Court Sentences PNB Druk Official for Fraudulent Sending of INR to India
Dechen Dolkar The High Court (HC) upheld the judgment of the Thimphu dzongkhag court which…
Bahrain’s central bank completes JPM Coin remittance trial
Bahrain’s Central Bank has reportedly successfully completed an overseas funds transfer trial made possible by…
How technology is disrupting the global remittance industry
Through Alexander jones, International Banker This article originally appeared in the Fall / November 2021…
Incentive increased to 2.5% to stimulate remittances
The finance ministry on Saturday increased the incentive on the exchange rate of remittances to…
Mobile Money Transfer Services Market Size 2021-2028 by Types, Applications and Major Key Players – Remitly, TransferWise, Mobetize Corp., peerTransfer, MoneyGram – Industrial IT
The Mobile Transfer Service Market report is a perfect basis for people seeking a comprehensive…
Blockchain-enabled money transfer startup Almond Finance raises $ 2 million
Almond Finance, a blockchain-based start-up enabling cross-border remittances using mobile wallets, on Monday announced it…
FirstBank drives dollar remittances and economic growth through IMTOS
Whenever the conversation is about financial inclusion in Nigeria, FirstBank leads the pack. With over…
BB relaxes foreign transfer rules for foreign nationals
The Bangladesh Bank has relaxed the rules for sending remittances for foreigners working in Bangladesh.…
Peso rises against the dollar on remittances
THE PESO appreciated slightly against the dollar on Friday thanks to strong inflows of remittances…
Sampath e-remittance offers a reward of Rs. 10 per US dollar for incoming foreign remittances – adaderana biz english
~ Supports CBSL’s efforts to encourage remittances to the country through formal channels ~ Sampath…
Brazilian payment platform Ebanx acquires money transfer start-up Remessa Online for $ 229 million
Ebanx acquired Brazilian fintech start-up Remessa Online in a deal worth $ 229 million. Remessa…
Balance of payments position expected to recover in part thanks to OFW’s remittances
RCBC Chief Economist Michael Ricafort (archive photo) MANILA – The position of the balance of…
Remittances could exceed $25 billion this fiscal year: Kamal
Featured Business Journalist Tue 21 Dec 2021 00:00 Last update on: Tue 21 Dec 2021…
Sampath Bank Provides Better Support for Remittances Via RemitWise App – The Island
The Sri Lanka Institute of Marketing (SLIM) recently signed a memorandum of understanding with the…
Mobile Money Transfer Services Market Overview, Growth Forecast to 2026
The latest research report on Mobile Money Transfer Services Industry Market studies in depth all…
Flutterwave Presents “Send” to Increase Fund Flows to Africa
By Modupe Gbadeyanka An initiative called Send, which aims to increase remittance flows and absorption…
InnBucks to become a more compelling domestic remittance provider with 92 new outlets in 2022
I enjoyed the nationwide remittance battle that is unfolding. It looks like a new player…
Next big thing in the digital remittance market: the big giants TransferWise, WorldRemit, MoneyGram
Next Big Thing Digital Remittance Market This press release was originally issued by SBWire Edison,…
Sokin opens a cross-border transfer account in Canada
Sokin, the next generation global payments provider, is committed to supporting Canada’s estimated 8 million…