Tag "cross-border transactions"
Simplifying Global Money Movement with Visa Cross-Border Solutions
In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it
Read More5 Top Fintech Trends Set to Define Singapore in 2024
As the tech-driven economic landscape continues to evolve at a remarkable pace, Singapore remains at the forefront of this transformation, particularly in the realm of fintech. In 2024, some of the most prevalent fintech trends in Singapore showcase how the
Read MoreMajority of APAC Consumers Prefer Remittance Services to Be Offered in a Super App
Six in ten consumers in Asia-Pacific (APAC) prefer to use digital-only solutions for their remittance and money movement needs, a trend that’s emerging on the back of changing consumer preferences and demand for greater convenience, better planning and improved inclusivity,
Read MoreAre CBDCs a Threat to Monetary Policy? Possibly, Says IMF
Central Bank Digital Currencies (CBDCs) represent a transformative development in the financial industry, as a growing number of countries rapidly progress from theoretical considerations to focused research and pilot programs. The compelling advantages of CBDCs have garnered the attention of
Read MoreIMF: Despite the Hype, Fintech Has Yet to Disrupt the Remittance Market
Despite enthusiasm surrounding the potential of fintech to disrupt the remittance market, evidence shows that there is a gap between the hype and the reality on the ground. In fact, and contrary to expectations, fintech companies are increasingly being entangled
Read MoreDigital Remittance Providers Eye Asia Pacific Markets
Asia is seeing the emergence of a booming community of remittance-focused tech companies. These companies leverage technology and digital platforms to disrupt the legacy remittance value chain, bringing greater convenience and lower-costs to cross-border money transfer. A new infographic produced
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