Category: Remittance
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In Zimbabwe, digital gold beats bitcoin
The Reserve Bank of Zimbabwe is trying something new. Or rather, something very old. You think you’ve got problems? Consumer price inflation in Zimbabwe is running at 75% a year. And that’s only the official rate. The International Monetary Fund thinks it’s nearer 175%. Either way, you get your paycheck and you run, not walk,…
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Remitly to Acquire Rewire to Expand into Complementary Geographies with Account-Based Remittance Product
Remitly and Rewire share a commitment to transform the lives of millions of immigrants and their families with the most trusted and innovative financial services products. SEATTLE & TEL AVIV, Israel–(BUSINESS WIRE)–Aug. 16, 2022– Remitly Global, Inc., (NASDAQ: RELY) (“Remitly”), a leading global digital financial services provider for immigrants and their families, today announced that it has signed a definitive…
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How Remitly Uses Behavioral Analytics to Foster Consumer Satisfaction
Immigrants working abroad want receivers to get their funds instantly, at the same time, remittance platforms need compliant systems to keep those transfers secure. In the Monetizing Digital Intent Tracker, Remitly CEO Matt Oppenheimer explains how authentication using behavioral analytics reduces fraud at the same time it creates a seamless cross-border P2P experience. Remittances are…
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