LAWMAKERS are pushing for stronger safeguards on overseas Filipino workers’ (OFW) remittances, citing the critical role migrant workers play in sustaining the P ...

The Central Bank of Nigeria (CBN) facilitated the remittance of approximately $600 million through International Money Transfer Operators (IMTOs) in one year, the apex bank Governor, Olayemi Cardoso ...

This necessitates a joint partnership rooted in mutual respect between the US and Africa. The Biden-Harris administration has shown its commitment to fostering relations between the two continents, as ...

MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...

International remittance services cater to a specific demographic with a need to send or receive money across borders. Integrating international remittance services into bank and financial institution ...

The Florida and Missouri legislatures have bills before them that would bar money transfer providers from letting “unauthorized aliens” send money in cross-border transactions, which are often ...

Embattled Paytm Payments Bank has told the Enforcement Directorate (ED) that it does not have the license required for outward foreign remittances and hence the question of it breaching the Foreign ...

Sen. Joel Villanueva on Wednesday introduced a bill seeking to expand transparency and strengthen protections for the remittances of overseas Filipino ...

Sri Lanka’s workers’ remittances surged to a new high in February, with monthly inflows rising 33% year-on-year (YoY) to $ 729 million, extending the streak of record inflows for the second ...

The Central Bank of Nigeria (CBN) has reported a significant rise in foreign exchange entering the country this year. This increase is driven by two main factors..–more remittances by Nigerians in the ...

The post-millennium surge in global remittances — amounting to a net transfer of US$689 billion to the global south in 2019 — has courted significant policy attention around prospects for ...

Remittances, the earnings that Mexican workers in the U.S. send home, quietly replaced oil revenues as Mexico's number one source of foreign income last year. In late 2014, oil was still Mexico's main ...