Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.

Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with ...

In today's digital age, the financial landscape is undergoing profound change. One sector undergoing significant evolution is the remittance industry. Historically dominated by stand-alone giants like ...

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 ...

UniTeller, a global remittance payments processor with head offices in the US, has reportedly extended its remittance services to more clients residing in the Asia Pacific by teaming up with ...

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) has expanded its ExpressSend® remittance network through an agreement with Houston-based Bancomer Transfer Services. Through this ...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Viamericas, a leading provider of remittance and international money transfer services, has partnered with Victoria Mutual Group, part of the 146-year-old VM Group ...