New analysis shows the state of remittances in 2023
· The remittance industry finished FY 2023 on a strong note despite macroeconomic headwinds, with Western Union continuing to lead remittance revenue despite growth contraction. · FXC Intelligence analysed the earnings calls of key publicly traded consumer money transfers and remittances players to determine how the industry is growing and the key trends in the space. · For all the companies, there was an increased focus on digital remittances and many companies took the opportunity