Remittance

B2B Forex Tech Provider Koku Targets Southeast’s Non-Bank Financial Institutions

COVID-19 continues to spread around the planet with now more than 7.3 million reported cases, including over 416,000 deaths, according to the latest data from the Johns Hopkins University. In Southeast Asia, Singapore has one of the highest infection tallies,

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Matchmove and KPMG Partner With Construction Firm to Facilitate E-Remittance for Migrant Workers

MatchMove,  a fintech offering a ‘Banking-as-a-Service’ platform and KPMG, today announced their partnership with the Expand Group, a leading homegrown building construction group with integrated civil engineering and construction support service capabilities, to facilitate Employer Assisted contactless e-remittance for foreign

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TransferWise Reaches £2 Billion Milestone in Their Multi Currency Account

TransferWise,  announced today that its customers are currently holding £2 billion in deposits in the multi-currency accounts. TransferWise’s account has seen rapid adoption year-on-year by millions of expats, travellers, freelancers and businesses across the world looking for a cheaper, faster,

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MyCash Introduces Remittance Services from Singapore to Bangladesh

MyCash Money Pte Ltd. has introduced wallet-to-wallet remittance services through the bKash Wallet from Singapore to Bangladesh. This  integration enables migrant workers in the isolation areas of Singapore to transfer real-time money directly to any bKash wallet account in Bangladesh

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Mambu’s Cloud Banking Platform Plugs into TransferWise’s API for Cheaper Money Transfer

TransferWise has announced a partnership with cloud banking platform Mambu. Customers of Mambu, challenger and traditional banks alike, can now seamlessly access TransferWise’s technology infrastructure directly through the Mambu platform to offer cheap, fast and transparent international money transfers at

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Maybank Offers Free Money Transfers for Malaysians Impacted by the Movement Control Order

Standing shoulder to shoulder with the community, Maybank today announced that it is offering complimentary remittance services for Malaysians working and living in Singapore who have been impacted by the Malaysia Movement Control Order (MCO). All Maybank and non-Maybank Malaysian

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EMQ Ramps Up Presence in Singapore and Malaysia

EMQ, a global financial settlement network, today announced that it is augmenting its footprint across Southeast Asia with direct connectivity to Singapore’s Fast and Secure Transfers (FAST) network and extensive bank coverage across Malaysia. This will provide global businesses with

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Dubai-Based RAKBANK, BDO and Ripple Teams up for Remittance to the Philippines

Dubai-based bank RAKBANK recently enhanced its current remittance footprint in the Philippines by partnering with BDO Unibank, a full-service universal bank in the Philippines. The Bank’s RAKMoneyTransfer (RMT) services will now enable customers to make instant, frictionless, and secure money

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7-Eleven Eyes to Serve Singapore’s Underbanked Through Pay2Home Partnership

The underbanked in Singapore, which includes hundreds of thousands of migrant workers who remit funds as a basic necessity, are often excluded from fintech innovation, unable to access the full benefits of digital services due to a lack of digital

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Lightnet Raises $31.2 Million in New “Series A” Financing from Prominent Investors

Lightnet, the Bangkok-based fintech company has received A round funding of US$31.2 million in fresh capital. With this round completed, Lightnet is Asia’s first blockchain company to receive financial backing from six large conglomerates, providing access to millions of Asian

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