Why are India and Singapore linking fast payment systems? — Quartz India
Remittance flows between the two countries amount to more than $1 billion a year.
Source: qz.com
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Indonesia's Flock Creative and SG indie Germs join forces for SURGE
Indonesian Flock Creative Network and SG indie GERMS join up for SURGE Details 28 June 2021 Indonesian Flock Creative Network (FCN) and GERMS Creative Capital (GCC) headquartered in Singapore are combining forces to launch an experience design and development studio called SURGE Interactive. This partnership will bring the best in digital expertise from both agencies to offer a new form of digital service in line with the growth of the Southeast Asia market. SURGE believes in partnering with forward-thinking startups and business to create custome...
Source: marketing-interactive.com
SEA Digest: 500 Startups, JCurve Solutions, HungryGoWhere in news
Global venture capital firm 500 Startups has launched applications for Batch 4 of the Global Launch Singapore programme.
Source: dealstreetasia.com
Real-Time Digital Payments Volume Surges 48% in Singapore
Singaporeans are moving away from paper-based payments and embracing real-time digital payments and mobile wallets, a shift that has accelerated with COVID-19, a new report by ACI Worldwide Real-Time Payments and GlobalData says. 2021 Prime-Time for Real Time, a global report tracking and analyzing real-time payments across 48 global markets, shows that real-time transactions volumes and values have jumped significantly over the past years in Singapore and are further expected to grow. In 2020, total real-time transactions reached 138.38 million, up a staggering 48% from 93.24 million in 2...
Source: fintechnews.sg
Digital Remittance Providers Eye Asia Pacific Markets
Asia is seeing the emergence of a booming community of remittance-focused tech companies. These companies leverage technology and digital platforms to disrupt the legacy remittance value chain, bringing greater convenience and lower-costs to cross-border money transfer. A new infographic produced by financial data firm FXCIntelligence showcases particularly developed ecosystems in Singapore and Japan where players such as Singtel Dash, EMQ and Brastel Remit are headquartered. Remittance companies in East and South Asia, FXCIntelligence, April 2021 But recent market developments in the regi...
Source: fintechnews.sg