PayPal Xoom adds cross-border remittance on debit card deposit
PayPal’s cross-border remittance service called Xoom partnered with Visa Direct to allow debit card holders to receive funds within minutes.
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Why crypto remittance companies are flocking to Mexico
Mexico has a burgeoning crypto remittance market that has immense potential.
CBDCs could cut cross border remittance costs by half: BIS report
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.
El Salvador's Bitcoin adoption may transform remittance in Central America
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender.
Stellar blockchain remittance corridor to power Thailand–Europe payments
The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers.
India’s ICICI Bank warns remittance users to steer away from Bitcoin
The bank has also asked users to not any invest fiat currency that may have links to previous cryptocurrency investments.
Remittance firms hesitant to support BTC despite legal tender law in El Salvador
Remittance firms operating in El Salvador appear reluctant to support Bitcoin despite the country's new law mandating the crypto asset as legal tender.
Barclays, Ripple Back $1.7 Million Round for Remittance Firm Using XRP
Barclays, Ripple and others have backed a $1.7 million round for a new remittance startup that will use XRP to move funds internationally.