THE DIGITAL REMITTANCE REPORT: The new platforms disrupting a $600 billion industry (PYPL, WU, MGI)

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here.

Every year, migrants send hundreds of billions of dollars worth of remittances back to friends and family in their home country. And there’s a massive industry that facilitates these payments — and has for more than a century. 

The legacy remittance industry has been long dominated by cash, which requires physical

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