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 c


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


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


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).


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, na

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