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28 Jan 2023
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Remittance

News Fintech 

Ripple’s ODL to Aid iRemit Process Australia-Philippines Remittances

21 Apr 202121 Apr 2021 Michael Mislos 16 Comments philippines, Ripple, XRP, Remittance, Australia, ODL, iRemit 2 min read

Ripple and Novatti’s effort first targets the Australia-Philippines corridor through a partnership with iRemit, a Filipino remittance service provider which also holds e-money and virtual currency exchanges licenses.

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News 

UnionBank Launching Cryptocurrency (Stablecoin) PHX

26 Jul 201921 Oct 2020 Michael Mislos 8 Comments philippines, UnionBank, Remittance, PHX 2 min read

UnionBank of the Philippines launched the stablecoin called PHX to facilitate a blockchain-based cross-border remittance transaction.

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News 

UnionBank Pilots Blockchain-based Remittance from SG to PH

25 Jul 201921 Oct 2020 BitPinas 7 Comments philippines, UnionBank, Remittance, Singapore, OCBC 1 min read

The test was done on June 27 by remitting money from OCBC bank in Singapore to Cantillan Bank in Surigao.

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Feature Interview 

Bitspark CEO Explains the Importance of Peso Stablecoin (and Stablecoins in General)

3 May 201921 Oct 2020 Michael Mislos 5 Comments philippines, Remittance, Blockchain Remittance, BitSpark, Stablecoin, Php Stablecoin, Peso Stablecoin 4 min read

Bitspark said they see this as a way forward to introduce stablecoins without the need for understanding blockchains directly.

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News 

Ripple xRapid Has a New Remittance Partner for Philippines

28 Jan 201923 Oct 2020 Michael Mislos 3 Comments blockchain, philippines, Ripple, XRP, Remittance, Blockchain Remittance, Transpaygo 1 min read

Vienna-based fintech startup Transpaygo announced its addition as one of Ripple’s partners for xRapid, its cross-border money transfer system powered by XRP.Ā 

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News 

Philippines Bloom Finds Blockchain Remittance Partner in Remiit

11 Jan 201923 Oct 2020 Michael Mislos 4 Comments philippines, Bloom Solutions, Remittance, BloomX, Blockchain Remittance, Remiit 1 min read

The two companies also agreed to partner when it comes to marketing and market exploration.

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News 

A Growing 15.8% of Remittances from the US are via Cryptocurrency

28 Dec 201823 Oct 2020 Gino 8 Comments Remittance, US, Global, Blockchain Remittance 1 min read

A growing number of people from the United States are now showing a bigger interest in using cryptocurrency as a means of sending money.

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News 

Cheaper Australia-Philippines Remittances Using Blockchain

10 Dec 201823 Oct 2020 Gino 101 Comments blockchain, philippines, Remittance, Australia, Blockchain Remittance 1 min read

A company wants to use blockchain to speed up remittance transactions from Australia to the Philippines.

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News 

Ripple-Powered SendFriend to Help Cut US to PH Remittance Costs

8 Nov 201823 Oct 2020 Gino 4 Comments philippines, Ripple, Remittance, SendFriend 2 min read

SendFriend, a Ripple-powered xRapidĀ payments solution aims to cut costs and speed up remittances from the US to the Philippines.

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News 

Research Forecasts that Blockchain will Lessen the Cost of Remittances by 2022

5 Sep 201829 Oct 2020 Gino 8 Comments philippines, Remittance, OFW 1 min read

Ken Research projected that from 2018-2022, the Ethereum blockchain will become a primary means to lessen the cost of remittances.

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