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More U.S. Banks, Credit Unions Given Remittance Fee Exemptions

More U.S. banks and credit unions will be allowed to estimate the international remittance fees they charge consumers in instances when it may be too expensive to provide exact figures under a new rule issued on Monday.re

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Grameen America Launches Economic Relief and Recovery Fund for Low-Income, Women Small Business Owners in the Wake of COVID-19

Grameen America announced the launch of Grameen America Economic Relief and Recovery Fund, with the goal of raising $72 million to provide essential capital and support to the low-income women entrepreneurs.

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Fintech And Coronavirus: US Stimulus Payments Boosted Mobile Banking Registrations 200 Percent

Consumer use of mobile finance, banking and insurance apps jumped 71 percent in 2019. In 2020, however, they’ve gone from nice-to-have to essential.

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Contactless Payments Skyrocket Amid Coronavirus Worries Over Handling Cash

Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is surging as people come to see their phones as the safer way to pay.

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Is the Coronavirus Killing Off Cash?

Tech firms see the opportunity they’ve been waiting for as shoppers and business recoil from paper money. Who’s hurt when legal tender goes away?