remittance

Singapore news

Singapore remittance firm sued after China police freeze cash

The trio are seeking 347,501 yuan ($65,668.34) from Samlit Moneychanger Pte, as part of other claims.

Singapore news

Singapore asks China for information on frozen remittances

Relevant agencies have been engaging China’s government, says minister of state Alvin Tan.
Wise's wise plans for APAC following LSE listing - THE EDGE SINGAPORE

Technopreneurs

Wise's wise plans for APAC following LSE listing

Following a direct listing on LSE, Wise is planning to conquer to Apac region.

Fintech

Malaysian mobile wallet firm inks deal with Ripple to power wallet-to-wallet remittances

Bangladesh remittances hit an all-time high of US$18.2 billion ($24.1 billion) in 2020.

Disruption and Digitalisation

Singtel offers mobile remittance service with personal insurance cover

SINGAPORE (July 25): Singtel is making its foray into the insurance market by rolling out Singapore’s first prepaid data plan and Dash mobile remittance service that comes with personal insurance cover, provided by NTUC Income and with premiums paid for

Fintech

Western Union launches co-located money transfer services at Singapore worker dormitories

SINGAPORE (Jan 17): Western Union has partnered Travelex, an independent foreign exchange (forex) and remittance business, to co-locate its money transfer services within five worker dormitories at Simpang, Mandai, Choa Chu Kang, Penjuru and Jalan Papan.

Fintech

Western Union mobile app launched in Singapore

SINGAPORE (Dec 18): Money remitter Western Union today announced the launch of its mobile app in Singapore – making it the third destination in Asia, after Hong Kong and Malaysia, where the app can be used for Western Union transactions.

Fintech

Fintech's potential to tap the region's US$256 bil remittance industry

SINGAPORE (May 7): One out of every 10 people in Asia and the Pacific is directly affected by remittances, finds a study conducted by the International Fund for Agricultural Development (IFAD).

Fintech

DBS launches online remittance service for non-banking customers

SINGAPORE (Apr 12): DBS Bank has announced the launch of SmartSend, an online remittance service that allows non-DBS customers to make same-day money transfers to eight markets around the world, namely: Australia, Hong Kong, India, Indonesia, Malaysia, Ph
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