Remittances from the United States

WorldRemit Data: 2023 Global Cost of Living Index Shows Significant Increases Since 2022

Retrieved on: 
Wednesday, September 13, 2023
Food, Housing, WorldRemit, International, Education, Health, Friends, Clothing, Remittances from the United States, Ageing, Transport, Family, Financial services

Over a third of respondents noted a significant increase in housing costs, a 27% increase from 2022.

Key Points: 
  • Over a third of respondents noted a significant increase in housing costs, a 27% increase from 2022.
  • LONDON, Sept. 13, 2023 /PRNewswire/ -- Global payments company WorldRemit announces the results of its third Global Cost of Living Index.
  • "Our data shows that as the cost of living crisis looms, many are making sacrifices in order to continue to provide that support to billions across the globe."
  • International money senders living in the USA, Australia, and the United Kingdom, aged 18+ voluntarily responded to a 13-question survey between 28 July and 3 August 2023

WorldRemit Data: 2023 Global Cost of Living Index Shows Significant Increases Since 2022

Retrieved on: 
Wednesday, September 13, 2023
Food, Housing, WorldRemit, International, Education, Health, Friends, Clothing, Remittances from the United States, Ageing, Transport, Family, Financial services

Over a third of respondents noted a significant increase in housing costs, a 27% increase from 2022.

Key Points: 
  • Over a third of respondents noted a significant increase in housing costs, a 27% increase from 2022.
  • LONDON, Sept. 13, 2023 /PRNewswire/ -- Global payments company WorldRemit announces the results of its third Global Cost of Living Index.
  • "Our data shows that as the cost of living crisis looms, many are making sacrifices in order to continue to provide that support to billions across the globe."
  • International money senders living in the USA, Australia, and the United Kingdom, aged 18+ voluntarily responded to a 13-question survey between 28 July and 3 August 2023

Universal Monetary Unit (UMU), Unicoin, Guarantees Banks and Fintechs the Best FX Rates on Cross-Border Payments

Retrieved on: 
Tuesday, May 9, 2023
UMU, Executive, CFTC, Remittances from the United States, Mechanics, Gold, FOREX, DCMA, FX, Digital currency, Cryptocurrency

WASHINGTON, May 9, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced banks and fintech companies now have access to the guaranteed best FX rates for transacting cross-border payments through its money servicing platform, Universal Monetary Unit (UMU), Unicoin.

Key Points: 
  • WASHINGTON, May 9, 2023 /PRNewswire/ -- Today, the Digital Currency Monetary Authority (DCMA) announced banks and fintech companies now have access to the guaranteed best FX rates for transacting cross-border payments through its money servicing platform, Universal Monetary Unit (UMU), Unicoin.
  • Banks can attach their customer bank accounts to a UMU wallet and transaction SWIFT-like cross-border payments over digital currency rails completely bypassing the correspondent banking system at guaranteed best-priced FX rates and with instantaneous real-time settlement.
  • Unicoin leverages artificial intelligence for global treasury management and to hedge against FX rates fluctuations enabling it to offer FOREX PLUS rates whereas most remitters offer FOREX MINUS rates.
  • UMU is a continuous demand monetary system where one of its underlying monetary utilities is premium FX rates.

LBank Exchange Will List Remitt USD (USDR) on August 15, 2022

Retrieved on: 
Monday, August 15, 2022
Ethereum, MVP, Telegraphy, Tron, Running, Artificial intelligence, AI, Marketing, USD, Cryptocurrency, Financial services, Remittances from the United States

Internet City, Dubai--(Newsfile Corp. - August 15, 2022) - LBank Exchange, a global digital asset trading platform, will list Remitt USD (USDR) on August 15, 2022.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - August 15, 2022) - LBank Exchange, a global digital asset trading platform, will list Remitt USD (USDR) on August 15, 2022.
  • For all users of LBank Exchange, the USDR/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on August 15, 2022.
  • It's stablecoin Remitt USD (USDR) will be listed on LBank Exchange at 20:00 (UTC+8) on August 15, 2022, to further expand its global reach and help it achieve its vision.
  • Remitt USD (USDR) is the TRC-20 based stablecoin of Remitt that is pegged at 1-to-1 with USD fiat-currency, backed 100% by Remitt's reserves.

Remitter appoints Holly Balchan as EVP Business Integration

Retrieved on: 
Tuesday, April 5, 2022
Marketing, Trade, Growth, Multimedia, Business, Remittances from the United States, Accounts receivable, CEO, Philosophy, View, Artificial intelligence, Enterprise application integration, Rich Balchan, ARM, Acquisition, Collection, Financial services

PHOENIX, April 5, 2022 /PRNewswire/ -- Remitter USA Inc ., an AI powered digital communications platform used to improve payment recovery, has appointed leading Accounts Receivables Management professional Holly Balchan to head its Business Integration initiatives.

Key Points: 
  • PHOENIX, April 5, 2022 /PRNewswire/ -- Remitter USA Inc ., an AI powered digital communications platform used to improve payment recovery, has appointed leading Accounts Receivables Management professional Holly Balchan to head its Business Integration initiatives.
  • Balchan joins the team from Mercantile Adjustment Bureau, which was acquired by Remitter in October 2021, where she headed business development and special projects.
  • The US market is experiencing significant growth in digital collection strategies and I look forward to assisting Remitter in expanding its North America operations," said Holly Balchan, EVP Business Integration, Remitter.
  • Holly's marketing and new market development experience makes her the perfect addition to Remitter's executive team as we continue to grow the business exponentially" said Brett Luntz, CEO, Remitter.

Egypt International Remittance Market is Expected to Reach USD 20.5 Billion in Terms of Total Transaction Value for the Financial Year Ending 2023: Ken Research

Retrieved on: 
Tuesday, February 12, 2019
Remit, Remittances, Remittances from the United States

For domestic remittance market, the report covers market size, segmentation on the basis of remittance channel, type of services and major flow corridors.

Key Points: 
  • For domestic remittance market, the report covers market size, segmentation on the basis of remittance channel, type of services and major flow corridors.
  • The report covers market size, segmentation on the basis of inbound, outbound remittance, remittance channel, and mode of transfer and remittance corridor for international remittance market along with market share of major MTOs.
  • The report covers market size, segmentation on the basis of remittance channel, mode of transfer, type of service and remittance corridor for international remittance market.
  • The report covers market size, segmentation on the basis of inbound & outbound remittance, remittance channel, mode of transfer and remittance corridor for international remittance market.