For decades, the U.S. has been the single biggest source of remittances worldwide. A remittance is a transfer of money, ...

London, Uniited Kingdom, November 4th, 2025, FinanceWireRemittances today are far more than financial transfers; they are ...

The fintech remittance company announced earnings yesterday and forecasted much slower growth than what it has achieved over ...

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 provision in President Donald Trump's "Big Beautiful Bill" making its way through the United States Congress would place additional taxes on money immigrants want to send back to their home ...

What leads Yang to argue this is that immigrants in the United States send a jaw-dropping amount of money back home to their ...

This week, the House Ways and Means Committee released the text of its proposed tax plan. If you go to page 327 of the document that dubs itself “the one, big, beautiful bill,” you’ll see that it ...

House Republicans have added a provision to President Donald Trump's "big beautiful bill" that would impose a 5 percent excise tax on remittance transfers. The legislation was put forward by the U.S.

The One Big Beautiful Bill (OBBB), signed by President Trump, is set to introduce a 1% tax on specific remittances sent from the United States. This legislation, effective from January 1, 2026, aims ...