In recent years, blockchain and cryptocurrency have disrupted traditional financial systems and are providing a viable alternative to cross-border fund transfer systems such as SWIFT. Cryptocurrency ...
The Remittance Transfer Rule (“Remittance Rule”), Subpart B of Regulation E, 12 C.F.R. §§ 1005.30 to 1005.36, requires transfer providers to provide prepayment disclosures to consumers prior to paying ...
Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.
In just under two weeks, the House of Representatives introduced, modified and passed the One Big, Beautiful Bill of 2025 (the “House Tax Bill”). This Memorandum addresses a new proposed tax on ...
MANCHESTER, England & MONTEVIDEO, Uruguay--(BUSINESS WIRE)--DLocal Limited (Nasdaq: DLO), the technology-first payments partner for global companies expanding into emerging markets, has partnered with ...
LONDON, Nov. 1, 2025 /PRNewswire/ -- Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world.
For many countries, money transfers from citizens working abroad are a lifeline for development When migrants send home part of their earnings in the form of either cash or goods to support their ...