Remittance

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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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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