The Aite Group recently conducted a survey that analyzed remittance practices, benchmarks and perspectives of US and International corporations. The findings confirmed some commonly held views but ...

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 ...

A district court held that an estate’s remittance to the IRS was a tax payment rather than a deposit. It denied the estate’s refund request because it occurred after the three-year recovery period had ...

Following the January 1, 2026 kick off of the United States of America (USA) remittance tax, International Money Transfer Operators (IMTOs) have stepped up ...

Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "State of Payment Transaction Types: How Innovation and Competition Are Reshaping P2P, Remittance, Bill Pay, Payroll and B2B Transactions" report has been ...

Analysts increasingly describe this pattern as an “economy of care”: a system in which small, recurring transfers made out of ...

A remittance address is a mailing address that is designated to receive payments from invoices and where account bills should be delivered. It may or may not be the same as the business’s physical ...

There is a silent revolution happening in the money transfer business. From over-the-counter and demand draft, it is moving towards mobile phones. The global remittance and payment business is ...

US remittance tax is an 'excise tax' on international money transfers made by non-US residents residing in America, such as ...

For consumers who are trying to send a small amount of money from US to a relative in Pakistan, India or Mexico, it probably means queuing at a money-transfer agent, providing documents and other ...