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Remittances News

A remittance is a payment document, such as a bank draft, check, money transfer, etc., which is made in a foreign currency. Remittances are delivered to a debtor or remitter in his/her national currency by the third party and then are sent to the foreign creditor to pay arrears. With the appearance of digital cryptocurrency, such as Bitcoin — now functioning as a third, independent currency — the era of the remittances industry, including other kinds of international money transfers, has reached a turning point. By using modern technological systems, it is easy to convert money into any possible fiat currency with Bitcoin without even leaving home. Also, virtual transactions prevent robbery, loss or damage of money and provide quite fast confirmations.
The remittance industry is observed as one of the most ripe for disruption given the high costs that currently exist.
We Need More Blockchain Companies in Remittance Sector, Here’s Why
Iyke Aru
2017-06-16T11:30:00+01:00
8467
Coins.ph, a Philippine bitcoin remittance application and brokerage, has secured an additional $5 million in its Series A funding round led by South African int...
Southeast Asia's Prominent Bitcoin Remittance App Raises $5 Mln
Joseph Young
2017-05-25T15:50:00+01:00
11192
How Africa will contribute to the Bitcoin price rise now and in next decade.
Bitcoin Price at $500,000 by 2030: African Projection
Olusegun Ogundeji
2017-04-17T15:30:00+01:00
24490
Jeremy Liew, said in an interview with Business Insider that bitcoin can realistically reach the price of $500,000 by 2030.
Bitcoin Price Will Reach $500,000 Realistically: Snapchat's First Investor
Joseph Young
2017-04-09T14:45:00+01:00
16142
Some of investing’s most revered names have likely funnelled millions of dollars into UK disruptor remittance startup Revolut.
Revolut’s Remittances Disruptor “Secures” Infamous Investors Backing
William Suberg
2017-03-17T13:00:00+00:00
603
There are seven major multi-trillion dollar markets which Bitcoin can compete with in the future.
Bitcoin Could Take Over These 7 Multi-Trillion Dollar Markets
Joseph Young
2017-01-21T10:15:00+00:00
2412
Bitwage will be able to utilize Unocoin API and employers will be able to directly and automatically sell Bitcoin and the beneficiary will be able to receive In...
Unocoin and BitWage Partner to Bring Cheaper Remittances to India
Shivdeep Dhaliwal
2016-12-25T13:05:00+00:00
1835
Another disruptive technology powered by the Blockchain is set to completely eliminate the outrageously high cost of remittances to Africa.
Cashaa, Uber of Money Transfers, Revolutionizes Cash Remittances to Africa
Frisco d'Anconia
2016-09-18T11:50:00+01:00
2515

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