remittances

People shop at a market in the border town of Tierra Nueva, Dominican Republic. Remittances made up 7.3 percent of the Dominican Republic's GDP in 2013.

The surprising complexity of moving money across borders

Jun 1, 2015
It isn't as easy as clicking a mouse.
Posted In: remittances, Nepal, MoneyGram

How Western Union and MoneyGram dominate remittances

May 7, 2015
It takes a lot of manpower to send money across borders.
Posted In: remittances, Western Union, MoneyGram
People search amid the rubble of collapsed houses in Bhaktapur, a city in Nepal, on April 27, 2015, two days after a 7.8 magnitude earthquake hit the South Asian country.

Remittances play a big role in Nepal's economy

Apr 27, 2015
Nepal is unusually dependent on remittances as a percentage of GDP.
Posted In: Nepal, remittances, disaster relief
A boy rides a donkey cart past an internally displaced persons camp near the Somali Parliament in Mogadishu on March 24, 2015.

In Somalia, wire transfers go underground

Mar 24, 2015
Banks' efforts to curb money laundering and terror financing may have backfired.
Posted In: Somalia, remittances, terrorism

More CIA tracking: This time, money transfers

Nov 15, 2013
The latest revelations about government snooping have to do with money transfers.
Posted In: remittances, money transfer, cia

Migrant workers sending more money home

Sep 24, 2012
Despite rough economic times, remittances to Latin America and the Caribbean were up 8 percent from 2010 to 2011.
Posted In: migrant workers, remittances, Latin America

Money flows across border

Feb 7, 2012
As Western Union earnings show, the global remittance business is at record levels.
Posted In: Western Union, remittances

Remittances to Latin America on the rise

Jan 12, 2012
Jobless claims had been on the decline over the past month or so, and with the unemployment rate going down, we have seen an uptick of Latino immigrant workers in this country, who are sending money back home.
Posted In: Latin America, Mexico, remittances