Dubai: The Indian rupee has pulled back from its all-time low of 23.95 to the dirham (87.95 to a dollar), but there is as yet ...

New Zealand crypto exchange Easy Crypto has been acquired by Australian crypto broker Swyftx, with the deal set to take ...

A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).

Spruce Point Capital Management announces a new short position against Remitly Global as the short seller believes there's ...

Cryptocurrency payments are growing fast, and more businesses are recognizing their potential. To keep up with this demand, service providers are constantly finding ways to make crypto payments ...

The Sinhala and Tamil New Year is still weeks away, but for remittance customers of the Commercial Bank of Ceylon ...

HitPay, a payments solution provider for businesses, has partnered with NPCI International Payments Limited (NIPL) to integrate India’s Unified Payments Interface (UPI) into its platform, This move ...

Spruce Point Capital Management, LLC, a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled, “Why We Mistrust Remitly ...

The short seller also noted that cryptocurrency, specifically stablecoins, could put pressure on transaction fees and disrupt traditional money remitters like Remitly. “[Remitly] has only one an ...