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New EU Banking Rules Threaten Moroccan Diaspora Remittances>
04 Oct 2024 21:23 GMT
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Business directed to cease receiving money for remittance
04 Oct 2024 20:31 GMT
… (BDCB) has directed its licensee, Remittance@Seconds, to cease receiving money … public for the purpose of remittance, effective from yesterday.
The central … unauthorised personnel to conduct remittance business on Remittance@Seconds’ behalf. The business …
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Remittance Market to Reach $1,329.92 billion, Globally, by 2032 at 5.8% CAGR: Citigroup, TransferWise, UAE Exchange
04 Oct 2024 14:33 GMT
… Consumption, Savings, and Investment), Remittance Channel (Banks, Money Transfer Operator … to investment opportunities, enabling remittance recipients to participate in … growth strategies.
Remittance Market Key Segments:
By Remittance Channel
Banks
…
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BDCs Accuse IMTOs Of Thwarting Overseas Remittances, Causing Dollar Scarcity On The Black Market
04 Oct 2024 11:09 GMT
… Operators (IMT0s) have ambushed international remittance payments, as the majority of … the approximately $20 billion in remittances reached the legal currency exchange … .
According to CBN data, international remittance inflows increased month over month …
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BDCs accuse IMTOs of ambushing external remittances, creating dollar scarcity in the parallel market
04 Oct 2024 06:10 GMT
… ambushed the international remittance payment as most remittance payment now go their … . Yemi Cardoso stated that international remittances via IMTOs increased by 130% … .
CBN data reveals that international remittance inflows have been gradually increasing …
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Mexico received more than US $6 billion in remittances in August
03 Oct 2024 23:04 GMT
… to July — when remittances declined 1% in annual … receive a record amount of remittances this year. (Shutterstock)
… largest recipient of remittances after India.
Remittances leave Mexico as … last year, while outgoing remittances increased 29.2% annually …
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Using a Bitcoin wallet for CDBC remittances
03 Oct 2024 09:10 GMT
… a Bitcoin wallet for CDBC remittances
Central bank digital currencies (CBDCs …
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NCBA taps fintech firm NALA to enhance remittances to Africa
03 Oct 2024 07:50 GMT
… Tanzanian fintech company specialising in remittance services to Africa to improve … recognize the pivotal role diaspora remittances plays in supporting livelihoods and … seeks to significantly improve the remittance experience for its customers, promoting …
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Tech Trends » NCBA taps fintech firm NALA to enhance remittances to Africa
03 Oct 2024 06:08 GMT
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HCM City seeks to unlock investment potential of remittances by overseas Vietnamese
02 Oct 2024 13:27 GMT
… to attract and utilise remittances, including directing them into … to channel funds from remittance recipients to businesses, thereby … public assets and diversify remittance methods to easily transfer … the largest recipient of remittances in the country, …