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Western Union Teams Up With Facebook Messenger For Global Money Transfers

By PYMNTS

Score another win for Facebook with Western Union’s latest announcement at the social media giant’s F8 annual developer conference. (more…)

Deals, Fintech news, Global trends, p2p-payments, Remittances

April 20, 2017

Revolut Partners Up With Trussle For Mortgage Broking Service Access

Buying a home can be a long and arduous process whether as first-time home buyers or multi-unit owners. The paperwork alone can be tedious and, at some times, repetitive. (more…)

Remittances

April 19, 2017

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Tech Innovation in the Remittance Industry

By Hugo Cuevas for LTP

There is no consensus on the level of tech innovation in the international or cross-border money transfer and payments industry. FinTech startups think that there is none. They think that the industry is so complex, full of intermediaries, with huge margins, settlement problems, etc., that it is ready for disruption. Not totally true because the industry does need tech innovation and there is so much room for technology that we all agree that it must be encouraged, developed and invested on. This article will show you where tech innovation is happening – the baby steps. (more…)

Payment processors/providers/gateways, Remittances

April 18, 2017

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SG’s InstaRem partners ASX-listed Goldfield Money in Australian push

By Shiwen Yap for DealStreet Asia

Singapore-headquartered fintech company InstaReM has partnered ASX-listed Goldfield Money to provide digital banking services for migrants and overseas-based small and medium-sized enterprises (SMEs) operating in Asia. (more…)

Global trends, Hotnews, InspirAsia, Remittances

April 11, 2017

Money transfer startup Azimo now lets you send money to a phone number

By Steve O’Hear for techCrunch.com

Azimo, the U.K. money transfer startup backed by Rakuten, is rolling out a neat new feature that makes it a lot easier to send money through the app and should add additional network effects to help the London-based fintech company grow. Specifically, the new functionality enables Azimo users to request, send and receive cash internationally using a mobile phone number. (more…)

Fintech news, Global trends, Hotnews, Remittances

April 5, 2017

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This fintech startup is helping Chinese people move their money abroad

By Eva Xiao for TechinAsia

Every year, hundreds of thousands of Chinese students leave their country to study abroad. While overseas, they pay tuition, buy books, eat at restaurants, and pay rent. All of that requires one crucial step: moving Chinese yuan out of China. (more…)

Fintech news, Global trends, InspirAsia, Remittances

April 4, 2017

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Revolut to undertake £4 million crowdfund raise; launches subscription service

Revolut is taking a leaf out of Amazon’s playbook, launching a Prime-like subscription account that gives members cheaper deals and the opportunity to participate in a forthcoming crowdfunding raise. (more…)

Deals, Global trends, Hotnews, Payment processors/providers/gateways, Remittances

March 23, 2017

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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service

By 

Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. (more…)

Fintech news, Philippines, Remittances

March 3, 2017

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Ayannah launches Juan Credit™, an AI-powered Credit Scoring Service for the Unbanked in Emerging Markets

Manila, Philippines – Press release

Ayannah, the leading provider of affordable and accessible digital financial services for emerging markets has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system for the unbanked in emerging markets.  (more…)

Hotnews, InspirAsia, p2p-payments, Remittances

March 2, 2017

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Ayannah launches an AI-powered Credit Scoring Service for the Unbanked

By

Ayannah, a provider of affordable and accessible digital financial services for emerging markets, has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system for the unbanked in emerging markets. (more…)

Credit scoring, Deals, Fintech news, Hotnews, Mobile payments/banking, Philippines, Remittances

February 21, 2017

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TransferWise launches Facebook Messenger bot for easy global money transfers

By  for VentureBeat

International money transfer service TransferWise has introduced a new Facebook Messenger bot, letting customers send money and create rate alerts directly from within Facebook Messenger. (more…)

Bots, Deals, Fintech news, p2p-payments, Remittances

February 21, 2017

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Revolut is the latest fintech startup trying to convince you it is better than a bank

By  for Business Insider

Fast-growing fintech firm Revolut has become the latest company to get into the crowded “neobanking” market — apps that are either banks or offer services so close to banking that they may as well be. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, Remittances

February 12, 2017

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Former DBS bankers back fintech remittance start-up

By The Business Times

FORMER DBS bankers are backing a fintech remittance payments start-up.

Singapore financial technology start-up SingX on Thursday said it has launched a cheaper, faster and more convenient online remittance platform which charges consumers a fraction of what they typically pay for overseas money transfers. (more…)

Fintech news, Remittances, Singapore, SME

February 9, 2017

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The Truth About Bitcoin Remittances

By George Harrap for Medium

We are about 7 years into Bitcoin and ‘the Blockchain’ now and its time we evaluated where we are in terms of remittances, what works and what doesnt. (more…)

Analytics, Blockchain, Cryptocurrencies, Remittances

February 6, 2017

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Abu Dhabi Bank Implements Blockchain

The National Bank of Abu Dhabi (NBAD) announced that it has become the first bank in the Middle East and North Africa to introduce real-time, cross-border payments on blockchain, thanks to its partnership with Ripple, a U.S. company specializing in blockchain. (more…)

Banks, Blockchain, Fintech news, Remittances

February 3, 2017

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Abu Dhabi’s Largest Bank Just Launched Blockchain Cross Border Payments

By Samburaj Das for CryptoCoinsNews

The National Bank of Abu Dhabi has introduced real-time cross-border payments on a blockchain by integrating technology from industry firm Ripple. The offering will immediately benefit customers in the Asia-Middle East remittance corridor. (more…)

Banks, Blockchain, Fintech news, Remittances

February 1, 2017

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Jack Ma’s Ant Financial Buys MoneyGram for $880 Million

By Bloomberg News

Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, stepped up its international expansion by buying U.S. money-transfer service MoneyGram International Inc. (more…)

China, Deals, Fintech news, Remittances

January 26, 2017

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Singapore’s FinTech Industry Is on the Way to Global Leadership

By Elena Mesropyan for LTP

“Singapore has established an enviable position as a leading Asian financial technology center with an exciting innovation ecosystem, a great talent pool and fantastic infrastructure. It also boasts a business-friendly environment so it was therefore an obvious winner when considering locations for new headquarters for our global operations,” said, Yoshio Tomiie, Head of Commerce at Senjō Group, a privately held investment firm, at the unveiling of the company’s new global HQ in Singapore. (more…)

AI / Machine Learning / Big Data, Blockchain, Crowdfunding/investing, Cryptocurrencies, Financial Markets / Trading, Fintech news, Hotnews, Insurance, Mobile payments/banking, p2p/online lending, Payment processors/providers/gateways, RegTech, Remittances, Security, Singapore

January 26, 2017

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TransferTo and Wirecard team on white label remittance package for MMOs

By Finextra

TransferTo, leading cross-border B2B mobile payments network, and Wirecard, Europe’s leading specialist for payment processing and issuing services have teamed up to offer a white-label mobile-to-mobile remittance service. (more…)

Fintech news, Payment processors/providers/gateways, Remittances

January 24, 2017

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Payments startup Dwolla raises $6.85M more, debuts Access API

By  for TechCrunch

Some news today from Dwolla, the startup that competes with banks (but also works with them) to provide payments and money transfers with reduced fees by way of more efficient software. The company has raised another round of funding of $6.85 million, and at the same time it’s announcing the relaunch of its white-label API, which it is now calling Access API. (more…)

Deals, Fintech news, Mobile payments/banking, p2p-payments, Remittances

January 21, 2017

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Remitly Now Operating In All 50 States

Remitly, the digital remittance company based in the U.S., has expanded its services to Massachusetts. (more…)

Analytics, Fintech news, Remittances

January 17, 2017

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New Spanish Exchange Converts Bitcoin and Fiat Currencies at 7,000 ATMs

By Rebecca Campbell for CryptocoinsNews

HolyTransaction Trade is a new universal cryptocurrency wallet in Spain that enables bitcoin and Euro instant conversions. Within Spain’s 7,000 ATMs, a person can convert their bitcoin into fiat currencies and vice versa, helping to push the country into the digital world. (more…)

Cryptocurrencies, eWallets, Fintech news, Remittances

January 16, 2017

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Blockchain Remittance Platform Enters Vietnam

By

OKLink, a next generation global settlement platform, announced today the launch of real-time transfers to Vietnam. (more…)

Blockchain, Fintech news, Remittances, Vietnam

January 13, 2017

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Two former bankers just built an app for migrant workers

By  for TechInAsia

Of the millions of expats in oil-rich United Arab Emirates, the majority are blue-collar workers from countries like India, Pakistan, and Bangladesh. They work in shipping, construction, and retail, making significant contributions to the property and housing boom in the wealthy Gulf emirate. (more…)

eWallets, Fintech news, Mobile payments/banking, Remittances

January 9, 2017

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The 7 Hottest Fintech Startups and Solutions in Vietnam

By

Vietnam is a very Internet-connected country, and with the increasing penetration of smartphones there is a wealth of opportunity for online businesses, digital agencies and application developers. (more…)

About, AI / Machine Learning / Big Data, Cryptocurrencies, eWallets, Marketing Report, Mobile payments/banking, Mobile-first banks, PFM/PFP services, Remittances, Vietnam

December 22, 2016

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Philippines Considers Bitcoin Regulation amid Remittance Increase

By Rebecca Campbell for CryptocoinsNews

he Philippines government is discussing whether to regulate digital currencies like bitcoin in the country to improve protection for its citizens as the number of Filipinos abroad using bitcoin to send money back home increases. (more…)

Blockchain, Cryptocurrencies, Fintech news, Government activities, Philippines, Remittances, Security

December 21, 2016

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6 fintech startups from Asia that excited us in 2016

By  for TechInAsia

Fintech is going strong in Asia as the year draws to a close. According to the Pulse of Fintech Q3 2016 report by global audit and advisory firm KPMG, venture capital funding in Asian financial technology companies increased, reaching US$1.2 billion – outpacing even the US, where VC investment totaled US$0.9 billion. (more…)

About, AI / Machine Learning / Big Data, China, eWallets, Fintech news, India, Japan, p2p/online lending, Payment processors/providers/gateways, Philippines, POS/mPOS and online acquiring, Remittances, Singapore

December 17, 2016

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WorldRemit and Xpress Money forge global money transfer partnership

By Finextra

Digital money transfer service WorldRemit and global money transfer brand Xpress Money today announce a partnership to open up new remittance routes across Africa and Asia.

(more…)

eWallets, Fintech news, InspirAsia, Remittances

December 6, 2016

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WorldRemit’s Ismail Ahmed thinks mobile money accounts are the future

By  for TechCrunch

WorldRemit founder and CEO Ismail Ahmed took the stage at TechCrunch Disrupt Londonto talk about his company and his views on the future of remittances. (more…)

eWallets, Fintech news, Global trends, Remittances

December 5, 2016

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Singapore’s startups, immigrants get new channel to send money abroad at lower cost

By  for TechInAsia

Indians abroad will send US$65.5 billion home this year, according to a World Bank estimate. That’s slightly lower than the US$69 billion inflow in 2015, but it’s still the largest for any country, followed closely by China. (more…)

Fintech news, Remittances, Singapore

November 30, 2016