Holiday Remittances: A Season of Giving That Powers Economies Around the World
As the holiday season approaches, remittance flows increase, reflecting the spirit of generosity and cultural traditions that unite families across borders. December marks the peak of remittance send volume, where holiday spending not only strengthens family bonds but also influences local economies.
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Empowering Our Customers to Stay Safe Online
Remitly launches Trust & Safety Center and joins the Aspen Institute’s National Task Force on Fraud and Scam Prevention.
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How Remitly Is Tackling Fraud and Reducing Interventions with Machine Learning
Remitly's Identity & Trust team share how our improved machine learning capabilities enabled us to reduce our rate of fraud intervention by over 25% compared to the previous year, while also lowering our rate of transaction loss by over 30%, ensuring fast, secure transactions for millions of customers.
Read more: How Remitly Is Tackling Fraud and Reducing Interventions with Machine Learning
Elevating Opportunity: The Remitly Cares Scholarship Program and Our Commitment to Community
The Remitly Cares Scholarship Program has awarded over 2,000 scholarships and provided around $900,000 in financial support to contribute to students pursuing higher education in the Philippines.
Read more: Elevating Opportunity: The Remitly Cares Scholarship Program and Our Commitment to Community
Remitly’s AI-Powered Support Slashes Response Times by 75%
Our new AI-powered virtual support assistant can resolve issues four times faster than an associate - slashing the average time a customer spends with support by 75%
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Remitly Named a 2024 Technology Fast 500™ Company
We’re honored to announce that Remitly has been recognized as a 2024 Deloitte Technology Fast 500™ award recipient, marking our eighth consecutive year on this distinguished list. This achievement underscores our commitment to delivering innovative, trusted cross-border financial services.
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Expanding Horizons for Money Transfers in Tanzania: Our New Collaboration with Tigo Pesa
Remitly announces collaboration with Tigo Pesa (now known as Mixx by Yas), a top mobile money provider in Tanzania. By teaming up with this trusted and widely-used platform, Remitly customers can now send directly to Tigo Pesa wallets.
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Expanding Horizons: Remitly’s Seafarers Product Launches Across Europe, the UK, Australia, and Singapore
We have expanded our seafarers product experience to the European Union, United Kingdom, Australia, and Singapore. With this launch, we hope to bring even more seafarers the reliable, secure, and convenient money transfer service they deserve
Read more: Expanding Horizons: Remitly’s Seafarers Product Launches Across Europe, the UK, Australia, and Singapore
Remitly CEO Highlights Opportunities for Cross-Border Payments at Fed Fintech Conference
Key takeaways from a fireside chat with Remitly Co-founder and CEO Matt Oppenheimer and US President and CTO of Wise Harsh Sinha at the 8th Annual Fintech Conference at the Federal Reserve Bank of Philadelphia.
Read more: Remitly CEO Highlights Opportunities for Cross-Border Payments at Fed Fintech Conference
Making Money Transfers to Tanzania Easier and More Convenient with Airtel Tanzania
Remitly collaborates with Airtel Tanzania to help make sending money to loved ones in Tanzania more convenient.
Read more: Making Money Transfers to Tanzania Easier and More Convenient with Airtel Tanzania