Remittance
UOB Joins the Mobile Cross-Border Remittance Bandwagon with UOB Mighty
It appears that Grab is not the only one that is honing in their focus on mobile cross-border remittances, incumbents seems to be unwilling to be left out of the game. UOB announced that they have successfully completed a cross
Read More
Grab to Launch International Wallet-to-Wallet Remittance in 2019
Grab just announced its wallet-to-wallet remittance function slated for a 2019 launch, as part of its Grab Financial arm, and putting the company one step closer towards its dream of becoming an all-encompassing app. Rather than the usual underserved or
Read More
Razer And Finlab Testing Blockchain Cross-Border Remittance
RazerPay is now collaborating with The Finlab to create a proof-of-concept (POC) to test cross-border remittance using blockchain technology. Since The FinLab is affiliated with UOB as its innovation accelerator, this partnership with RazerPay could be connected with UOB and
Read More
2 Key Reasons Why 2018 Is the Year of Blockchain for Indonesia
Indonesia’s tech scene has finally hit its stride, and the industry is now rife with startups and tech businesses that aim to solve problems unique to the Indonesian ecosystem. One area of tech of high interest in Indonesia is blockchain,
Read More
12 Essential Fintech Tools For Expats and Travellers Heading To Singapore
There have already been think pieces about how fintech could help boost tourism by reducing cash dependence, and increasing security and ease of use. Many tourists to China, for example, seem to be awed by the prevalent use of e-wallets
Read More
Revolut to Launch in Singapore
Revolut, a London-headquartered neo-bank, is about to launch in Singapore as the company started letting users join the waiting list to get early access. Revolut, which currently serves some 800,000 customers across Europe, announced plans to expand to the US,
Read More
Philippines Remittance Market Gets a Booster from Blockchain-Powered Remittance Services
The Philippines’ remittance and international money transfer industry, the third largest globally, is getting a booster from two latest developments in blockchain-backed remittance services. They come from recent business partnerships done by Jack Ma’s Ant Financial Services Group (Ant) and
Read More
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
Read More
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
Read More
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
Read More