By Rodrigo Campos NEW YORK (Reuters) -Philippines Finance Minister Benjamin Diokno says there is potential that the remittances that help power the southeast Asian economy could be replaced by AI. …
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Nearly One Out Of Every $10 Sent In Remittance Payments From US To Mexico Is Linked To Crime: REPORT
Nearly One Out Of Every $10 Sent In Remittance Payments From US To Mexico Is Linked To Crime: REPORT Jennie Taer on March 27, 2023 Roughly 8% of remittances sent …
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Business News
HSBC China says it’s unaware of remittance curbs after Mobius’ claims
by Reutersby ReutersSHANGHAI (Reuters) -HSBC’s China unit said on Tuesday it has not been told by regulators to restrict outbound remittances and was unaware of recent capital outflow curbs, after billionaire Mark …
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Business News
U.S. CFPB will look at improving exchange rate transparency among remittance providers -Chopra
by Reutersby Reuters(Reuters) – The U.S. Consumer Financial Protection Bureau will look at how to improve exchange rate transparency among remittance providers to make clearer to consumers the fees they are charged …
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US and World News
China’s CIFI misses offshore interest payments due to remittance delay
by Reutersby ReutersHONG KONG (Reuters) – Shanghai-based property developer CIFI Holdings said in a Thursday filing it did not meet certain offshore scheduled interest and amortisation payments due to delay in remittance …