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Remittances to developing world hit record in 2019: World Bank
Money transfers to poor and developing countries hit a fresh record in 2018 and should become their largest source of external financing this year, the World Bank said Monday.
- Categories
- Finance
- Tags
- remittances
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Regarding Facebook’s cryptocurrency
This is not Facebook’s first venture into virtual currencies, payments, or peer-to-peer payments via messenger app.
- Categories
- Finance, Technology
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Ripple Targets China’s $67 Billion Remittance Market, Plans to Open New Office in Shanghai
In January, Ripple launched the Blockchain Technology Research Scholarship Program (BRSP) in collaboration with Tsinghua University Institute for Fintech Research, a leading, fintech-focused academic institute in Beijing.
- Categories
- Finance
- Region
- Asia Pacific
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WorldRemit set to boost Ethiopia’s remittance income
“We are proud to be a pioneering bank in modernizing Ethiopia’s payment systems. The various e-payment facilities deployed have enabled us to become the number one provider of technology-based banking services,“ CBE President Bacha Gina said.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How the African diaspora can help the continent achieve the SDGs
With a progressive awareness of the need for a sustainable African development agenda driven by Africans, the African diaspora could provide the other half of the equation needed to turn the SDGs from aspiration to concrete reality.
- Region
- Sub-Saharan Africa
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Telenor Microfinance partners with Alipay for Pakistan blockchain remittances
The service is provided by Telenor’s mobile banking service Easypaisa in Pakistan and another subsidiary Valyou in Malaysia. The aim is to make payments real-time, 24/7 and more efficient.
- Categories
- Finance, Telecommunications
- Region
- South Asia
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Chinese retailers warned over mobile money choice
In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.
- Region
- Asia Pacific
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WorldRemit Teams Up With BRAC Bank & bKash for Bank/Mobile Money Transfers to Bangladesh
Using the WorldRemit app or website, the Bangladeshi diaspora living in more than 50 countries may now send money quickly and securely.
- Categories
- Finance
- Region
- South Asia
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