Remittance
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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Tranglo First in Asia to Launch Global Remittance Partnership with Alipay
Leading fintech Tranglo Pte Ltd announced a collaboration with Alipay, the world’s leading payment and lifestyle platform, to provide cross-border remittance that brings more convenient and inclusive services to consumers globally. Tranglo said the deal marked a significant milestone in
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TransferWise Customers in SG Can Now Receive Money Using Just Their Mobile Number
TransferWise announced today that they have become the first international money transfer service to allow Singapore customers to receive money using just a mobile number. For Singaporeans with a PayNow profile, receiving international transfers can be done by providing just their
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Ripple Partners SBI Remit to Launch Blockchain Remittance Between Japan and Vietnam
SBI Ripple Asia Co., Ltd. and SBI Remit Co., Ltd., an international money transfer service business operator announced that the companies have started the first Japan-Vietnam money transfer service in real currency utilizing DLT, with a Vietnamese bank, Tien Phong
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TransferWise Wants to Give Away its $150,000 Prize Money to Singaporeans
Fresh off being crowned 1st place at Singapore Fintech Festival’s Fintech Awards under the global category, TransferWise announced today it will give away that money to Singaporean individuals and small businesses hit by hidden bank fees at home and abroad. According
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Fresh off US$100 M Funding Rapyd Secures Remittance License in Singapore
Fintech-as-a-Service platform Rapyd obtained a Remittance licence by the Monetary Authority of Singapore (MAS). The remittance licence will enable Rapyd’s corporate customers to extend remittance capabilities to their users, allowing them to send and receive money to and from over
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