Remittance

Wise Doubles Down on Singapore as APAC Hub With Plans to Hire 150 Roles

Wise, an online money transfer service, announced that it is further deepening its presence in Singapore with plans to hire 150 roles over the year in the country. The Singapore office, which relocated to a larger space last year, is

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Wise Ties up With Tencent for Remittance to China Through Weixin

Wise, an online money transfer service, announced a partnership with Tencent Financial Technology which will enable international money transfers to China through Weixin. Weixin is the mainland Chinese version of WeChat that is owned and operated by Tencent. With this

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Krungthai Bank Leverages Nium’s Payment Rails for Cross Border Payments

Global payments platform Nium and state-owned Krungthai Bank, has announced a strategic partnership to enhance global transfer offerings for both corporate and individual customers across Thailand. Through this partnership, Krungthai will leverage Nium’s vast payment rails to enhance the cross-border

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Aleta Planet Partners Tencent to Offer Remittance From Singapore to China

Singaporean payments service provider Aleta Planet has partnered with Tencent Financial Technology to enable local residents to remit money to Weixin users in China. Aleta Planet said that this is the first time Tencent Financial Technology has partnered with a

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Thunes Enables PayPal’s Xoom to Send Remittances Directly to E-Wallet Users

Global cross-border payments network Thunes announced a collaboration with PayPal’s digital remittance service Xoom that will enable the latter’s customers in the United States, Canada, the U.K. and Europe to send remittances directly to mobile wallet users around the world.

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Ripple Deepens Partnership With Tranglo Following 40% Stake Acquisition

Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, announced new milestones in its partnership with cross-border payment firm Tranglo’s Singapore arm. This follows Ripple’s intent to acquire a 40% stake in Tranglo to scale the footprint

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The Trillion Dollar Cross-Border Payments Market is Getting a Makeover

The trillion-dollar cross-border payments market is getting a revamp, fueled by technological advances, a changing regulatory landscape and a rush of new entrants promising to solve customers’ long-lasting pain points. During Fintech Fireside Asia’s latest panel discussion, top executives from

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2C2P Forges Partnerships in Vietnam and Cambodia in Expansion Push

2C2P a payments platform today announced new partnerships in Vietnam and Cambodia to expand its Thai cross-border remittance service, easy2send. In Vietnam 2C2P will team up with Sai Gon Joint Stock Commercial Bank (SCB), one of Vietnam’s top five joint

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Wise Slashes Remittance Fees by up to 42% On Transfers From Singapore to 19 Countries

Wise, formerly known as TransferWise, has dropped prices by up to 42% on transfers from Singapore to 19 countries across 5 continents. This announcement is part of a global price drop where 52% of Wise customers around the world will

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Thunes Expands Cross Border Payments to Pakistan Through Bank Alfalah Partnership

Global payments network Thunes announced a partnership with Pakistan’s Bank Alfalah to enable real-time affordable cross-border payments to consumers in the country. Thunes said that this partnership will “enable payments not just to Bank Alfalah’s clients, but to all of

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