Tag "remittances"

Remtech Providers In Asia You Need To Know

Remtech, the contraction of the words remittance and technology, refers to the use of digital channels and platforms for international money transfers. The increase in use of mobile phones and technology is providing an avenue for fintech developments in remittance.

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TransferWise Chooses Singapore as APAC Hub; Launches Service in the City-State

TransferWise, Europe’s leading money transfer service, is launching in Singapore where it is working with DBS Bank. The company has chosen the city-state as its Asia Pacific (APAC) hub and expects to have 30 employees by the end of 2017,

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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service

Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. BDO Remit, the remittance service of the Philippines’ largest bank BDO

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The Truth About Bitcoin Remittances

We are about 7 years into Bitcoin and ‘the Blockchain’ now and its time we evaluated where we are in terms of remittances, what works and what doesnt. As a founder of Bitspark we know a thing or two about

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Fintech (Startup) Of The Month: TransferTo, A Cross-Border Mobile Payments Network

TransferTo is a leading B2B mobile payment network and airtime hub serving the likes of Western Union, PayPal, Xoom, 7 Eleven, WorldRemit, Tigo mobile money and MoneyGram. TransferTo interconnects financial institutions and mobile operators globally, linking over 4.5 billion mobile

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Florin Awards Asia 2016 Announces Winners of Startup Competition

The Florin Awards, a startup competition by the Global Payment Summit conference, has announced the four winning startups for the year 2016. This time, there were two Florins to be won in “jury votes” and “community votes” in two categories:

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TransferWise Begins Money Transfer Service To Vietnam

TransferWise, one of the UK’s hottest fintech unicorns, has begun serving the Vietnamese market, only supporting inbound money transfers (for now?). Transfers to Vietnam have gone live yesterday and are being charged 1.5% per transaction, or 95,000 VND for transfers

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Bitcoin Remittance Startup Bitspark Expands Southeast Asia Coverage

Bitspark, a bitcoin remittance startup, has expanded its Southeast Asia coverage, announcing a new partnership with Malaysian Vitaxel Group. Headquartered in Hong Kong, Bitspark provides a bitcoin remittance solution and currently serves Vietnam, the Philippines and Indonesia. By signing a

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Customers Willing to Shift to Mobile Money for International Transfers

Mobile international money transfer services have significant potential to gain traction and market share as 92% of consumers are willing to ditch traditional money transmitter services for a mobile method, according to a new survey. Entitled ‘Mobile Financial Services Consumer

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Cambodia Fintech: Leveraging Technology to Bank to Unbanked

With only 27% of Southeast Asia’s 600 million population having bank accounts, the region represents an untapped opportunity for fintech companies, in Cambodia these ventures that are leveraging technology to provide more efficient and cheaper banking and financial services. In

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