Remittances

China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities.

As an open network, bitcoin is in one sense the most inclusive financial system imaginable. But for now, transfers of the cryptocurrency are priced like a luxury good.

Citi is holding its first investor day since the financial crisis, plugging credit cards and its Mexican business; Morgan Stanley's market cap tops Goldman's for the first time.

Host Brett King talks to Bill Barhydt of Abra and Shachar Bialick of Curve.

Pangea’s instant-transfer app serves six Latin American countries and it’s eyeing expansion to Asia, with a formula based on speed and simplicity.

The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S. financial services sector.

It was the second consecutive year remittances to emerging nations fell, while remittances to certain regions—including Latin America and the Caribbean—rose.

Apple Pay still struggles to displace cash and cards in the U.S., but its recent integration with Western Union shows the mobile wallet has some untapped potential.

The service will start with transfers to India and the Phillipines, though Remitly plans to add more recipient countries in the near future.

The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.

A new company, bridge21, says it is using bitcoin to allow users to send money from the United States to Mexico at better rates than traditional payments companies.

Ant Financial said it’s considering whether to make a higher offer for U.S. money-transfer firm MoneyGram International Inc., after that company said an unsolicited takeover bid by a smaller, little-known rival could be a better deal.

Operating from Kansas, payments processor Euronet Worldwide has been working furiously—and quietly—on a way to disrupt China-based Ant Financial's deal to buy Dallas-based MoneyGram ever since news broke in January.

Mobile money apps have proven to be a major force in building financial services in emerging economies, but under the hood they can be starkly different.

U.S. corporations with heavy international payments traffic between buyers and suppliers are looking for ways to use financial technology to streamline processes.

The collaboration is part of an effort to reach a broader range of agents and global markets with digital cross-border transfers.

Money transfer operators have an incentive to inform banks and regulators about the quality of their compliance programs.

As a candidate, President Donald Trump proposed either halting or taxing remittances to Mexico to push the Mexican government to pay for a border wall along the southern border of the U.S.

President-elect Trump faces legal questions over his idea to hold remittances ransom to fund a wall in Mexico, but the industry should take the threat seriously.