Jacqueline Chilton

Currency in a Digital Form

Currency in a Digital Form

Two related announcements out of Canada work to reduce currency in circulation. Last week the Canadian government announced the demise of the penny.  The cost to produce a penny has surpassed its value.  The coins in circulation will still be considered legal...

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CFPB Final Remittance Rule

CFPB Final Remittance Rule

Consumers transfer tens of billions of dollars from the United States each year in international remittances. In 2009 the World Bank estimated that US$48 billion was sent from American consumers to friends and family in other countries, a number that represents...

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