Of U.S. remittance volumes by channel, only 10% are sent with the payment in an industry-standard format. 56% of remittances must be re-keyed into AR systems!

Discover how lockbox banking streamlines payment processing, lowers costs, and speeds up collections for businesses, while ...

As part of the "Payments Ecosystem" collection, this report looks at what's influencing growth across P2P, remittance, bill pay, payroll, and B2B transactions - and what it means for payment ...

Remittance recipient obtains (locally) a pre-tokenized, and ‘inactive’ PEP Card, which is compatible with the brand of the payment card behind sender’s bank account (i.e. Underlying Payment ...

The banks that are willing to offer expanded remittance information to their business customers will have an immediate competitive advantage over those that do not.

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder Benjamin Fernandes ...

Remitly is addressing the stablecoin opportunity head-on by adding services to its payments platform. Growth for the business ...

The Bank of Ghana (BoG) has suspended remittance partnerships with five Money Transfer Operators (MTOs) following a series of regulatory breaches. In a statement, the Central Bank said effective ...