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.

The Aite Group recently conducted a survey that analyzed remittance practices, benchmarks and perspectives of US and International corporations. The findings confirmed some commonly held views but ...

A district court held that an estate’s remittance to the IRS was a tax payment rather than a deposit. It denied the estate’s refund request because it occurred after the three-year recovery period had ...

Dublin, July 08, 2024 (GLOBE NEWSWIRE) -- The "State of Payment Transaction Types: How Innovation and Competition Are Reshaping P2P, Remittance, Bill Pay, Payroll and B2B Transactions" report has been ...

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 ...

There is a silent revolution happening in the money transfer business. From over-the-counter and demand draft, it is moving towards mobile phones. The global remittance and payment business is ...

MoMo Payment Service Bank (MoMo PSB), the financial services subsidiary of MTN Nigeria, has expanded its cross-border money ...

After a significant delay, the U.S. wire transfer systems Fedwire and The Clearing House Interbank Payments System will deploy expanded remittance information on Nov. 21, 2011. The large-value systems ...

For consumers who are trying to send a small amount of money from US to a relative in Pakistan, India or Mexico, it probably means queuing at a money-transfer agent, providing documents and other ...