Remittance
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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Blockchain Remittance Platforms Enters Vietnam
OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. Companies on the OKLink network can now transfer up to US$10,000 per transaction to a Vietnam bank account, cash pickup, or mobile wallet for
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The Philippines is Now Connected to Stellar
Today, you can send money to anyone in the Philippines over the Stellar network–for “free”. In your favorite Stellar wallet you can create a payment to [any phone number in the Philippines]*coins.asia with the amount of Filipino pesos you want
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FlexM Raised SGD 1.25 Million – Complete Mobile Solution For Financial Inclusion, Remittance and Electronic Payroll In Southeast Asia
With a mission to bank the unbanked and under-banked populations, the fintech company FlexM has successfully raised first round seed funding of SGD 1.25 Million. FlexM is quickly addressing the salary, payment and remittance needs of migrant and foreign domestic
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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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6 Remittance Startups in Southeast Asia to Know
Remittances can contribute to a big chuck of the GDP of a country, notably in emerging markets. The World Bank estimates that migrants will send up to US$636 billion home in 2017, with three quarter of that amount being remitted
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SBI Ripple Asia Announces Japanese Bank Consortium
SBI Holdings and its subsidiary SBI Ripple Asia have decided to launch a consortium. SBI Ripple Asia is a provider in Asia of next-generation settlement platforms based on distributed financial technology. The consortium will be called the Consortium for Considering
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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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Infographic: The Cross-Border Payments Journey
When we do international money transfer, fee can be a problem, not to mentioned all the hassle that can happen when we do an international transaction. Cross-border payments can be uncertain and expensive. Ripple, Singapore’s first major gateway had made a fintech infographic about
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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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