We’ve taken another look at the difference between wholesale and retail CBDCs, and which are currently being discussed in relation to cross-border payments.
The Central Bank of Egypt reported that remittances from Egyptians abroad surged by 87% YoY in July 2024, with the bank calling the rise “unprecedented”.
Last week, Klarna outlined significant financial gains from its AI adoption, including a sharp cut in headcount. But should others in payments follow suit?
With Wise announcing that it was once again going to take on new customers in India, we look at some of the players serving outbound remittances in India.