Real-time payments are becoming increasingly popular for their convenience and speed, but they also require careful attention to…
Remittance
In today’s interconnected world, digital remittance in Asia and the movement of money across borders have become essential…
The Monetary Authority of Singapore (MAS) has announced an extension to the ongoing suspension affecting remittances to China.…
Online money transfer service Wise announced that its users in Indonesia will no longer be able to store…
Global neobank Revolut has expanded its services by launching the “Mobile Wallets” feature in Singapore, enabling customers to…
A major investigation is underway in Singapore involving the police and the Monetary Authority of Singapore (MAS) against…
In its ninth annual Fintech 50 list, Forbes has spotlighted its key contributors to the fintech sector, and…
Singapore’s payment service provider AXS has announced a new partnership with fintech company Aleta Planet to offer remittance…
Singapore-based Aleta Planet has rolled out an Alipay remittance feature on its app, allowing for faster and more…
The Singapore Police Force (SPF) has received over 670 reports concerning funds remitted to China that were subsequently…
The Monetary Authority of Singapore (MAS) has instructed remittance companies to only work with banks, card network operators…
Traditional lenders are losing market share in cross-border payments to non-banks, with digital challengers and fintech startups rapidly…
Visa, a global leader in digital payments, and Tencent Financial Technology, the fintech arm of Tencent, have announced…
Known for its thriving financial sector and cutting-edge technological prowess, Singapore has seen its share of successful startups.…
Revolut, a global neobank with 30 million customers worldwide, has launched instant card transfers that allows customers to…
Six in ten consumers in Asia-Pacific (APAC) prefer to use digital-only solutions for their remittance and money movement…
2C2P, a payment gateway service provider founded in Thailand, has partnered with Cambodia’s AMK Microfinance Institution to expand…
The Business-to-business (B2B) sector has unique requirements when it comes to payments, which has resulted in the rise…
Despite enthusiasm surrounding the potential of fintech to disrupt the remittance market, evidence shows that there is a…
Cross-border payments in Southeast Asia is a dynamic and fast-evolving sector that has been impacted by increased digitalization,…