Many decades ago, Amir landed his first job working in a gleaming Singapore high-rise. He was making more money than before, but a long way from home and his family. He was thankful to be able to send ...
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According to the latest Bangladesh Bank data, expatriates had sent $2.52 billion in February 2025. That means remittance inflow increased by $493 million year-on-year in February this year.
The digital remittance ecosystem is experiencing significant changes as technological advancements, regulatory modifications, and shifting consumer preferences reshape global fund transfers. This ...
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 ...
Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange ...
With Donald Trump’s return to office, discussions on a potential remittance tax are gaining renewed attention. Initially proposed to fund a border wall, this policy could have lasting impacts on ...
ASUNCIÓN, Paraguay, May 29 (UPI) --A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage point of gross domestic product, sparking ...
The Federal Government has commenced a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) as part of efforts to determine the actual ...
LemFi, the global financial platform built for the underserved, is launching its remittance services in Australia after ...
The Nigerian Content Development and Monitoring Board (NCDMB) has directed operators, contractors, and service companies in ...
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