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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.
January 26, 2024
Singapore news
Singapore asks China for information on frozen remittances
Relevant agencies have been engaging China’s government, says minister of state Alvin Tan.
January 10, 2024
Technopreneurs
Wise's wise plans for APAC following LSE listing
Following a direct listing on LSE, Wise is planning to conquer to Apac region.
December 01, 2021
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.
January 15, 2021
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
July 25, 2019
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.
January 17, 2019
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.
December 18, 2018
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).
May 07, 2018
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
April 12, 2018