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DeeMoney Partners with Alipay and WeChat for seamless Cross-Border Remittance to China

DeeMoney, a leading cross-border money transfer platform, announced a major partnership today with Alipay and WeChat (Weixin), Chinas dominant digital wallets, to offer seamless remittances to Chinese consumers.World Bank data 2022 presented by ....

Aswin Phlaphongphanich , Wechat Weixin , Money Laundering Office , World Bank , Money Partners , Cross Border Remittance , Anti Money Laundering Office ,

ThitsaWorks was awarded the Monetary Authority of Singapore's Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant for Inclusive Cross-Border Remittances

SINGAPORE, Nov. 4, 2022 /PRNewswire/ ThitsaWorks, in partnership with INFITX (previously ModusBox) and Visa, was awarded the Monetary Authority of Singapore's Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant on 29-June-2022. The FSTI POC grant supports the experimentation, development, and dissemination of nascent innovative technologies in the financial services sector. While many remittance options exist for overseas migrant workers in Singapore, options to reach rural areas where many workers' families live are complicated, expensive, and slow. Additionally, friends and family who only have accounts with MFIs and rural banks cannot receive direct payments. Together with Rapyd and Lucy, ThitsaWorks, INFITX, and Visa have introduced the Inclusive Cross-Border Remittances Project to make remittances for Singapore-to-Philippines corridor more affordable and efficient. The project aims to connect small financial institutions to real-time payment net ....

Steve Haley , Warrend Carew , John Januszczak , Deepan Dagur , Debbie Watkins , Market Development , Financial Services Providers , Monetary Authority Of Singapore Financial Sector Technology , Lucy Holdings Pte , Melinda Gates Foundation , Inclusive Financial Technology , Rockefeller Foundation , Party Payment Initiators , Mojaloop Foundation , Monetary Authority , Financial Sector Technology , Inclusive Cross Border Remittances Project , Visa Direct Mojaloop , Nyi Nyein Aye , Inclusive Cross Border Remittance Project , Cross Border Remittance , Managing Director , Vice President , Visa Direct , Asia Pacific , Lucy Holdings ,