Sentence examples for faster remittance from inspiring English sources

There are a number of startups competing with the likes of Western Union and MoneyGram to provide lower-cost and faster remittance services globally, but interestingly, many of them have been building their services with relatively little overlap of the regions that they are targeting first.

Between 1995 and 2013, annual remittance flows grew by approximately 16,000 %, giving Bolivia one of the fastest remittance growth rates in the world.

That's finance talk for really fast remittances and money transfer.

Remittance flows grew fastest in the 5 years leading up to the Great Recession in 2008 (see Fig. 1).

Now, one of the more interesting startups in the field — which combines "alternative" financial rails like the blockchain with more traditional bank rails to provide faster and cheaper remittance services for small and medium businesses (think Venmo for SMBs) — has raised a new round of funding and is rebranding as it gears up to claim a bigger stake in the field.

India, for instance, subjects remittances to Bangladesh to stringent tests.

In others, remittances increase inequality.

Remitly is currently the fastest-growing of the remittance players — over 400percentt in the first quarter of 2016 — but it's seeing a much smaller volume of transactions, which has had a knock-on effect on valuation, funding, and subsequent growth.

The sides signed agreements on Nov. 4 to open the direct links that began Monday, and the improved connections were expected to benefit both economies through increased tourism and faster delivery of mail, parcels and remittances.

BitPesa, a Kenyan mobile money transfer firm that launched in May, says its remittance transactions are "twice as fast and 75% cheaper" than competitors, because it uses bitcoin to transfer funds.

The sustainability of remittance-dependent development is particularly important, but also uncertain because the needs of the countries of origin for remittances are likely to grow faster than supply [ 3, 4].