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Remittances Newsletter
  • Trump 2.0 brings back remittance threats 05 Feb 2025 20:18 GMT

    … working with Orbit, a remittance company that processes transactions for … first Trump administration to ban remittances to Mexico in an … .ย  About $480 million in remittances were sent from Mexico to … currency route, Wise said. Remittance volume for USD to MXN …

  • CFPB fines Wise $2.5M over remittance violations 05 Feb 2025 19:53 GMT

    … million over alleged โ€œillegal remittance practices,โ€ including advertising inaccurate … and failed to refund remittance fees in the … other competitors in the remittances market,โ€ former CFPB Director … send, receive, and store remittances through a mobile app, …

  • Digital remittances dominate as pandemic hits cash 05 Feb 2025 14:04 GMT

    … digital transactions within the global remittance industry, notably within payment corridors …

  • Al Fardan Exchange, Visa launch real-time global remittance service 05 Feb 2025 12:33 GMT

    … Al Fardan Exchange Cross Border Remittances Digital Transformation Al Fardan Exchange … the beneficiary, providing an unparalleled remittance experience. Al Fardan Exchange is … recent Money Travels: 2024 Digital Remittances Adoption study revealed the majority …

  • Digital Remittance Market ($83.6 Bn) Transforming Economies with 16.3% CAGR Growth Through 2032 05 Feb 2025 08:32 GMT

    … become the foundation for mobile remittances. ๐‚๐ฅ๐š๐ข๐ฆ ๐˜๐จ๐ฎ๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž & ๐“๐Ž๐‚: … ๐‘๐ž๐ฆ๐ข๐ญ๐ญ๐š๐ง๐œ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ: ๐๐ฒ ๐“๐ฒ๐ฉ๐ž: Inward Digital Remittance Outward Digital Remittance ๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ: Business Personal ๐๐ฒ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ: Banks …

  • CFPB orders remittance transfer provider to pay almost $2.5 million for alleged illegal activities 05 Feb 2025 02:00 GMT

    … #47;Regulation Eโ€™s Remittance Rule. The โ€œRemittance Ruleโ€ is the CFPB … language disclosures to senders of remittance transfers, properly disclose exchange … taken prior enforcement action against remittance providers. Remittance transfers were also addressed …

  • Volume of remittances from Russia to Armenia, Georgia, and Azerbaijan decreased 05 Feb 2025 01:09 GMT

    … data take into account remittances through the banking infrastructure … contrast to previous destinations, remittances to Armenia showed growth … the main country sending remittances to Armenia. The … of collecting statistics on remittances, indicating only that …

  • Central Bank chief: Impact of remittances from Russia on Armenia economy has dropped considerably 05 Feb 2025 01:07 GMT

    The remittances sent to Armenia by individuals …

  • Remittances increased due to Pakistani expatriates' unwavering commitment: PM 04 Feb 2025 20:24 GMT

    … , saying that foreign remittances increased by 30% due … unwavering commitment. "Foreign remittances have increased by 30% … Bank of Pakistan said remittances from overseas Pakistanis recorded … billion, workers' remittances increased by 32.8% during …

  • Singapore Remittance Market Set to Reach $12.53 Billion by 2030 โ€“ Unlock Key Insights and Growth Opportunities 04 Feb 2025 12:15 GMT

    … advancements in the digital remittance industry in Singapore is … . ๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ By type, the outward remittance segment led the market in … highest revenue in the Singapore remittance market share in 2022. โžก๏ธ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : …

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