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Finance & Markets

July remittances hit 7-month high

Personal remittances from overseas Filipinos rose by two percent to $3.6 billion in July, the highest level since December last year, as money sent home continued to provide steady support to household spending despite modest growth.

We haven't written up this one. Philippine Star Business has the full story — the link below goes straight to it.

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Enova scraps Grasshopper deal

The Chicago-based fintech withdrew its applications from the OCC and Fed, and its CEO decried the absence of “clear standards” for bank licensing, in addition to “political pressure.”

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