The CBDC Race Is Getting Tougher in Asia: What to Expect When Thailand Rolls Out Its Own Digital Currency?
This decade has witnessed a high wave of central banks wanting to make digital versions of their fiat money, also called the Central Bank Digital Currency (CBDC) following the success…
Read More »Thailand’s Stock Exchange Excludes Cryptos from Upcoming Digital Asset Exchange Platform
Thailand’s stock exchange is preparing to launch a new trading platform that would not include cryptocurrencies. Crypto Exempted From SET’s Planned Trading Platform According to the Bangkok Post on Wednesday…
Read More »The Growing Remittance Market in Asia-Pacific: 2020 Global Payment Opportunities
More remitters than ever are sending money home to their loved ones. In the Asia-Pacific (APAC) region alone, the World Bank reported a 12% growth in remittance flows in 2018—and…
Read More »What’s Next for the Future of Payments?
International Payments Will Continue to Get Faster and SmallerPayment providers and banks will continue to offer ever faster cross-border payment services to their customers, enabling them to send and receive…
Read More »Enabling Global Real-Time Payments Everywhere to Everyone
In early November, Ripple held its third annual Swell conference for the first time in Asia, where we had the chance to experience insightful keynotes from the world’s most trusted…
Read More »How to Tap Rapid Growth in Asia-Pacific Remittances
The Asia-Pacific (APAC) region is seeing significant growth in remittances. However, due in part to the current challenges associated with moving money between currencies, this high growth in remittances is…
Read More »Sentbe, Hanpass, WireBarley and More Leverage RippleNet to Improve Remittances in Korea
For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for…
Read More »Ripple Helps Sentbe Increase Financial Inclusion for Migrants in Korea with More Efficient Remittances
Questioning traditions in finance is a daily mission for Korean firm Sentbe. It applied its innovative mindset to the international money transfers regularly sent across Southeast Asia by Korea’s large…
Read More »Siam Commercial Bank Drives Innovation and Customer Growth With Help From Ripple
According to a 2019 report, Thailand ranks first in the world for mobile banking users. One of the reasons for this achievement is Siam Commercial Bank (SCB), which has spearheaded…
Read More »How Coinone Transfer Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple
For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Coinone Transfer partnered…
Read More »