Remittance

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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Send Money Anytime, In No Time – Azimo Launches Cash Pick-Up In The Philippines Around The Clock  

Azimo, a money transfer service, shakes up remittances to the Filipino market with 24/7 money transfers. In a huge step forward for Azimo’s Filipino customer base, the rapid service ensures that money sent from any of their 22 European send

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Is Your Bank Telling You Everything? 75% Of Singaporeans Don’t Know The True Cost Of International Payments

According to new research released today by online money transfer service TransferWise, a majority of Singaporeans who transfer money overseas use their bank but three in four people don’t know the true cost of sending money overseas – which includes

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Singaporean Fintech Firm, InstaReM Expands Remittance Services to Malaysia

  InstaReM secured approval under theMoney Services Licensed Business from Bank Negara Malaysia, it is eyeing aggressive expansion following its recent Series B Funding.   Headquartered in Singapore, InstaReM is a digital cross border payments company has announced its expansion

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Max Money’s Revolutionary new Service will Change Remittance as we know it

Max Money has launched its  MaxTerminal service which allows customers to remit money abroad using only their debit cards at selected retail outlets.This makes MaxMoney the first money service business provider in Malaysia to introduce a hybrid Online to Offline

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Malaysia’s Fintech Sandbox Partcipant MoneyMatch Launches Transfer Portal

MoneyMatch Sdn Bhd, a home-grown company approved by Bank Negara Malaysia, launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their

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Singapore-Based Global Payments Processor “Instarem” Secures Lithuanian E-Money License For European Expansion

Singapore based InstaReM is entering the European market via Lithuania. The regulator Bank of Lithuania issued an Electronic Money Institution (EMI) license to InstaReM, which is already operating in more than 50 countries around the world. InstaReM is a new-age enterprise

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Remittance Infographic: The Demystifying the Cross Border Ecosystem

The World Bank estimates that remittances will total USD 636 billion in 2017, and with this comes the advent of e-wallets and disruptive fintech solutions seeking to help increase efficiency and smoothen the flow of these large sums of money. These innovative

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Top 10 Money Transfer Apps in Asia

For many developing countries in the world, remittances play a key role in their economies, contributing to economic growth and to the livelihoods of those nations. In 2016, more than US$440 billion went to developing countries that involved 250 million

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TransferFriend Aims to Build The World’s Most Trusted Fintech Brand

Out of 600 million people in ASEAN, around 73% are unbanked. Artificial Intelligence (A.I.) is taking over the Financial Service industry. Singapore has been supporting this initiative for some time now through high investments in order to promote building a

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