Posts by Lau Adeline

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

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

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

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

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

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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PayPal, Safaricom and TransferTo Announce Collaboration in Kenya

PayPal, Safaricom and TransferTo Announce Collaboration in Kenya   The new service enables global eCommerce on the African continent and allows M-PESA users in Kenya to shop with PayPal merchants globally, and local Kenyan online businesses and freelancers to safely and securely sell globally and easily transfer funds between their PayPal and M-PESA accounts  …

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Clifford Chance launches Tech Academy

Singapore – 06 Apr 2018  Leading international law firm Clifford Chance announces it has launched a global training programme that is dedicated to learning and development in the Technology space. Clifford Chance’s Tech Academy provides staff and partners with a combination of online training and resources and a global programme of face to face workshops.…

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