Sentence examples for cross-border remittances from inspiring English sources

Its other main market is in banking, where big firms such as JPMorgan and Citi use it for a range of activities from structuring equity derivatives to reducing loan losses.A stablemate of sorts to Palantir is Xoom, a firm that specialises in cross-border remittances.

One market segment they serve is P2P cross-border remittances.

Ant Financial is also on the cusp of buying U.S.-based cross-border remittance Moneygram for $1.2 billion following a bid from rival payment operator Euronet.

Ripple has been criticized for failing to attract banks to XRP, with its public customer base consisting of cross-border remittance services that are trialing XRP as one currency within their payment flows.

Founded in 2015, Toast offers an Android app which takes cross-border remittance digital and cuts out the fees, which can amount to as much as one month of salary over the course of a year of monthly payments.

This ZhongAn partnership adds another layer to Grab's services and fintech business, which already includes payments — both offline and online — and is scheduled to move into cross-border remittance and online healthcare, the latter being a deal with ZhongAn sibling PingAn Good Doctor.

Illegal cross-border bank remittances can be used to wire extra capital into China to buy raw materials or cover wages during peak periods.

Dallas-based MoneyGram is a service that handles cross-border currency transfers — remittance payments — in close to 200 countries, where it claims to have 350,000 physical locations.

Such "co-development" strategies seek to leverage migrant cross-border activities, such as remittances, investment, and participation in hometown associations, as part of overall development strategies.

This technological platform has endogenously developed in four stages of virtuous process: from a payments platform to a virtual banking and saving services; to a credit supply platform and finally to a platform for cross-border payments/transfers and international remittances.

Indeed, this paper shows that economic remittances play a critical role in maintaining asymmetric cross-border ties along which social remittances circulate.