Remittance

12 Essential Fintech Tools For Expats and Travellers Heading To Singapore

There have already been think pieces about how fintech could help boost tourism by reducing cash dependence, and increasing security and ease of use. Many tourists to China, for example, seem to be awed by the prevalent use of e-wallets

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Revolut to Launch in Singapore

Revolut, a London-headquartered neo-bank, is about to launch in Singapore as the company started letting users join the waiting list to get early access. Revolut, which currently serves some 800,000 customers across Europe, announced plans to expand to the US,

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Philippines Remittance Market Gets a Booster from Blockchain-Powered Remittance Services

The Philippines’ remittance and international money transfer industry, the third largest globally, is getting a booster from two latest developments in blockchain-backed remittance services. They come from recent business partnerships done by Jack Ma’s Ant Financial Services Group (Ant) and

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World Remit Launches Global Experience Centre in Singapore

WorldRemit, a London-based digital money transfer company, launches first Experience Centre, globally, in Lucky Plaza Singapore. The Experience Centre is part of a collaboration between WorldRemit, the Migrant Workers Centre and the Centre for Domestic Employees to help migrant workers

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The Future Of Remittance

What does the future in Remittance look like?  Transferwise asked more than 1,000 Singaporeans and they said … 55% believe sending money abroad will one day be instant. 46% believe sending money abroad will one day be free. 52% believe a product will exist to allow

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Cross-Border Payment Ripple Pilot Test between Thailand and Singapore

Mitsubishi Corporation, MUFG Bank, Krungsri , a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank  jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and

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Singapore, China, Australia and Thailand Banks Join Forces to Build APAC Cross-Border Real-Time Payment

SWIFT has joined forces with a group of SWIFT gpi banks from Australia, China, Singapore and Thailand to develop a unique cross-border real-time payments service in the Asia Pacific region. SWIFT has held exploratory talks with banks from the Asia

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What to Expect with International Money Transfers in 2018?

A report on CNBC indicated that TransferWise generated substantial revenues for the year ending March 31, 2017, and it was targeting precisely the same performance for the year ending March 31, 2018. The chief financial officer of TransferWise, Matt Briers

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InstaReM Announces RippleNet Partnership for Southeast Asia Payouts

InstaReM, Southeast Asia’s leading digital cross-border money transfer service provider, is entering into a strategic partnership with an enterprise Blockchain payment solutions provider, Ripple. Through this partnership, InstaReM will facilitate quick and secure payouts for RippleNet members in Southeast Asia.

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PH Remittance further widens Fintech Horizon

Once again, remittances from overseas Filipinos surpassed its year-on-year record, giving a wider horizon for financial technology (fintech). The Philippine central bank or Banko Sentral ng Pilipinas (BSP) announced last Thursday, February 15, that cash remittances of overseas Filipinos increased

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