LATEST FINTECH NEWS

Minutes of Meeting of AGM held on 22 Mar 2019

By Adeline Lau / May 6, 2019

Singapore FinTech AssociationMinutes of Annual General MeetingMar 22, 2019, 6 pm at 80 Robinson Road At the scheduled time of 6 pm, given a lack of quorum, the meeting was adjourned for 30 minutes. At 6.30 pm, with the required quorum of 30+ members/representatives, the Secretary called the meeting to order. Secretary outlined the main…

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London-based ClauseMatch is expanding into Asia Pacific launching Southeast Asian operations out of Singapore

By Adeline Lau / March 25, 2019

March 25, 2019, London-Singapore. London-based ClauseMatch, an award-winning regulatory technology (RegTech) venture with a unique SaaS-based offering that automates compliance management for banks and financial institutions (FIs), is expanding into Asia Pacific (APAC) with the launch of operations in Singapore. Founded by CEO Evgeny Likhoded, ClauseMatch solution is based on his experience working in legal…

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Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets

By Adeline Lau / March 19, 2019

SINGAPORE March 19, 2019 – Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, has teamed up with Thunes, a cross-border payments network for emerging markets, to enable Western Union customers to send funds directly into mobile wallets around the world. Senders can now utilise Western Union’s growing digital network or an agent location to send funds directly into a recipient’s mobile wallet. “We are continuously expanding and enhancing our account payout portfolio, providing customers with multiple payout options including bank accounts, cards or mobile wallets,” said…

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Thunes joins forces with Singtel and UNCDF to accelerate financial inclusion in Myanmar

By Adeline Lau / February 25, 2019

SINGAPORE – 25 FEBRUARY 2019 –Thunes, a global Cross-Border Payments Network for emerging markets, has partnered with Singtel, Asia’s leading communications technology group, to enable Myanmar diaspora in Singapore to send money back to their beneficiaries through their mobile devices. This key initiative is part of the United Nations Capital Development Fund’s (UNCDF) Shaping Inclusive…

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TransferTo announces rebrand with the creation of two market defining companies: DT One and Thunes

By Adeline Lau / February 20, 2019

TransferTo’s mobile top-up solutions and rewards business becomes DT One (www.DTOne.com)  Thunes (www.thunes.com) is now the new name for the cross-border payments business and will operate independently from DT One SINGAPORE –  18 February 2019 –  Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with…

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ASIA PAYMENT SUMMIT 2019: Revolutionary Digital & Mobile Payment Paradigms, Detailed by Industry Insiders

By Adeline Lau / September 28, 2018

Across Asia, digital payments are on the rise, with non-cash transactions projected to reach $280 billion by 2020. Due to supportive government policies, evolving consumer behavior, and the dizzying pace of technological innovation, payment service providers face enormous pressure from a wide range of competitors. Key stakeholders in the payment ecosystem, including banks, alternative payment…

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LaLa World connects to TransferTo’s network to spur global expansion with mobile top-up solutions

By Adeline Lau / September 11, 2018

[embeddoc url=”https://singaporefintech.org/wp-content/uploads/2018/09/TransferTo_LaLa-World-Partnership.pdf” download=”all”]

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TransferTo invests in OXIO to fuel growth and technology innovation

By Adeline Lau / September 5, 2018

[embeddoc url=”https://singaporefintech.org/wp-content/uploads/2018/09/TransferTo_OXIO-Investment-Announcement.pdf” download=”all”]

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TransferTo sets sights on record year following strong H1 results

By Adeline Lau / July 31, 2018

[embeddoc url=”https://singaporefintech.org/wp-content/uploads/2018/07/PRESS-RELEASE_TransferTo-MT-H118-results-.pdf” download=”all”]

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TransferTo hails record growth in cross-border mobile top-ups with over 18 million transactions in Q1

By Adeline Lau / April 26, 2018

Singapore – April 2018 – TransferTo, a leading global cross-border mobile payments network for emerging markets, is today announcing record growth across its International Mobile Airtime Top-up business, having processed 18.6 million transactions in the first quarter of 2018. This activity represents a 45% growth in revenue for the business, when compared to the same…

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