transfer

Retail Asia04/03/2020

Microsoft’s Your Phone app has been growing in popularity over the past several years. The app offers a link between your Windows 10 PC and your Android smartphone (requires a phone with Android 7 or newer), providing useful features for managing your phone. Recently, Microsoft added support for RCS messaging for selected Samsung smartphones. Now, a […]

Retail Asia18/11/2019

Banks in South-east Asia could miss out on as much as $5 billion, or 14.3 percent of their payments revenue by 2025, displaced by the growth of digital payments and competition from non-banks, according to a new report. As payments become more «instant, invisible and free, banks will face further pressure on income from card transactions […]

Retail Asia04/10/2019

BigPay, an ASEAN-focused fintech company, has launched international remittance services enabling users to send money directly from Malaysia to bank accounts in Singapore, Thailand, Indonesia and the Philippines, with no hidden fees or extra charges. BigPay is pioneering digital remittance through its mobile application, offering a seamless experience with instant money transfers. Users can deposit […]

Retail Asia02/09/2019

As many Apple iPhone users know, AirDrop is a feature that allows them to share photos, videos and documents with nearby Apple devices without requiring an internet connection. This is achieved using Bluetooth and Wi-Fi connectivity. A WeChat post published today by Xiaomi reveals that three Chinese phone manufacturers are teaming up to provide their customers with wireless […]

Retail Asia27/08/2019

PayPal has been doing pretty much everything in its power to keep the likes of Apple Pay at bay in the increasingly competitive online and mobile payment market, joining forces with Google on a number of mutually advantageous initiatives, vastly improving its main app, and making it easier and faster to transfer funds to a US bank account. Of course, the company’s […]

Retail Asia26/08/2019

South Korean fintech unicorn, Viva Republica, raised $64 million for its financial service platform Toss pushing the firm’s total value to $2.2 billion. The Seoul-based fintech has raised a total of $250 million, including $80 million in the December round, and new funding joins prominent existing investors such Singapore’s GIC and Sequoia Capital. Viva Republic […]

Retail Asia04/04/2018

The cross-border B2B money transfer market is ripe for disruption, as new technologies and legislative changes redefine traditional banking practices across the globe, according to Juniper Research. Cross-border B2B transactions will exceed $218 trillion by 2022, up from $150 trillion in 2018, the company predicts. Disrupting traditional cross-border B2B transactions B2B Money Transfer: Cross-border Market Opportunities […]

Retail Asia31/07/2017

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Despite being allowed to charge on-net fees for automatic telling machine (ATM) transactions, some commercial banks have recently applied the exemption to on-net money withdrawal and account transfer to attract new customers and develop the retail banking segment. Platinum debit cards, while Viet Capital Bank and SCB have exempt money withdrawal fee for international and […]

Retail Asia04/04/2017

Singapore-based money transfer provider InstaReM is introducing free money transfers exclusively for users in Hong Kong. InstaReM, a Money Services Operator licensee in Hong Kong, is running this campaign until end of April 2017. By offering interbank rates directly from the exchange rates provided by Reuters.com, InstaReM will charge zero margins. InstaReM also doesn’t charge […]

Retail Asia05/12/2016

WorldRemit, an online service for overseas money transfers, is looking to expand into new markets and add services like direct payments for bills and school fees, its president said on Friday. The UK-based financial technology start-up, which has raised $192.7 million since its founding in 2010, also wants to grow in Canada and is open […]

Retail Asia27/01/2016

Indonesia will speed up negotiations on the Indonesia-European Union (EU) Comprehensive Economic Partnership Agreement (CEPA), aiming to have an agreement with the EU come into effect within two years. The two parties had discussed the implementation of the CEPA in a meeting with EU trade ministers during the World Economic Forum (WEF) in Davos last […]

Tag: transfer

Microsoft’s Your Phone app possibly getting Drag and Drop

Payment Providers Could Shave $5 Billion From ASEAN Banks

BigPay introduces international money transfers

Cross-brand file sharing feature announced by three phone manufacturers

Venmo borrows popular PayPal feature to expand on its Instant Transfer capabilities

PayPal-Backed Korean Fintech Raises $64 Million

Fintech transforming B2B money transfer market

Banks apply free on-net money withdrawal, account transfer

InstaReM launches free money transfers for HK users

Money transfer firm WorldRemit eyes new markets, growth

Indonesia to speed up EU CEPA negotiation