For the global financial industry, 2025 will be remembered as a year where technology breakthroughs transform the world of ...

Many decades ago, Amir landed his first job working in a gleaming Singapore high-rise. He was making more money than before, but a long way from home and his family. He was thankful to be able to send ...

Mordor Intelligence's latest report reveals that the global remittance market is valued at USD 188.93 billion in 2025 and is projected to reach USD 341.76 billion by 2030, growing at a CAGR of 12.58%.

Forbes contributors publish independent expert analyses and insights. Nana Ama Sarfo covers current international tax news and transparency. Nestled in the One Big Beautiful Bill Act (OBBBA) winding ...

A district court held that an estate’s remittance to the IRS was a tax payment rather than a deposit. It denied the estate’s refund request because it occurred after the three-year recovery period had ...

XRP price prediction talk is heating up again as Ripple’s token fights to hold support, but this time it does not stand alone on the payments front. A new rival, Remittix (RTX), is stepping into the ...

OBOOK Holdings partners with Visa to launch OwlPay Cash, a blockchain remittance app enabling US users to send money ...

The 3.5% remittance tax in President Donald Trump's One Big Beautiful Bill — if passed in its current form — would bring a heavy compliance and reporting burden to banks and payment companies. Many ...

The House Republican bill to enact President Trump's domestic policy agenda contains a provision that has prompted opposition from the Mexican government — a tax on cash payments sent by non-U.S.

Guidance is now available from the Internal Revenue Service for deposit penalty relief for the first three quarters of 2026 to remittance transfer providers. Processing Content Notice 2025-55 provides ...