Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with ...

Pangea is on the cusp of becoming the first digital remittance company to offer a branded checking account closely tied to its core product. The Chicago-based fintech is adding the bank account option ...

The Bangladesh Bank has instructed banks to ensure that inward remittances sent by expatriate Bangladeshis are credited to ...

When Visa invested in Nigerian fintech Moniepoint earlier this year, it didn’t just validate the newly minted unicorn — it signaled a bold new direction. As part of that deal, the Nigerian fintech ...

Bangladesh Bank has directed banks to credit remittances sent by expatriates to customers’ accounts within one working day.

Growing volumes of Latin American remittance flows continue to encourage local and international fintechs to enter the market, with Revolut and Wise being the latest global payment companies to offer ...

The coming five years has been poised to be positive for the remittance industry. The market is facing an intensified competition and new players are entering the market every year. To curb the ...

South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese financial ...

Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected ...

Leading multinational payments firm Western Union (NYSE: WU) has teamed up with established India-based Airtel Payments Bank, in order to process remittance services. The partnership will allow Airtel ...

BRAC Bank PLC has recognised its top performers for their outstanding contribution to driving inward remittance growth and promoting innovative products tailored exclusively for remittance ...