Remittance

South Korea’s First Blockchain-Powered Remittance Service to Thailand and Philippines

This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance mobile app and web service called Cross — offering faster, lower cost payments to Thailand and the Philippines. Unlike other remittance options in South

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World Bank: Developing Countries Sees Record-Breaking Remittance Inflow in 2018

Remittances to low and middle income countries grew rapidly and are projected to reach a new record in 2018, says the latest edition of the World Bank’s Migration and Development Brief, released today. The Bank estimates that officially recorded remittances

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Revolut Secured Singaporean Licensing — Slated to Launch in 2019

Revolut, a London-based neo bank involved in remittance was just granted a license for operations in Singapore and Japan. The company has therefore confirmed that they are in the final stages of testing for launch in Asia Pacific in Q1

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UOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty

It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross

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Grab to Launch International Wallet-to-Wallet Remittance in 2019

Grab just announced its wallet-to-wallet remittance function slated for a 2019 launch, as part of its Grab Financial arm, and putting the company one step closer towards its dream of becoming an all-encompassing app. Rather than the usual underserved or

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Razer And Finlab Testing Blockchain Cross-Border Remittance

RazerPay is now collaborating with The Finlab to create a proof-of-concept (POC) to test cross-border remittance using blockchain technology. Since The FinLab is affiliated with UOB as its innovation accelerator, this partnership with RazerPay could be connected with UOB and

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2 Key Reasons Why 2018 Is the Year of Blockchain for Indonesia

Indonesia’s tech scene has finally hit its stride, and the industry is now rife with startups and tech businesses that aim to solve problems unique to the Indonesian ecosystem. One area of tech of high interest in Indonesia is blockchain,

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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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