DeeMoney

Finance and fintech

Breaking Borders for Marketplace Payments

One of the biggest challenges with international payments and sending money overseas is how slow it is. The extremely ironically named SWIFT system of international bank transfers can take up to and over a week to send any amount of money from one country to another.

Finance and fintech

How a Fintech Bank Would Tackle Fraud

Read back any of our previous articles and you will soon notice a common trend - that of the rapid acceleration of everyday life. People want to be able to buy goods from or send money to the furthest reaches of the planet instantaneously

neobanks

The Rise of Challenger Banks Around the World

The report... 12 examples of challenger banks that have each raised over $100 million in equity financing, half of them surpassing $1 billion in value. The most successful of the challenger banks described by the report is a Sao Paulo-based company called Nubank.

AI is Transforming Fraud Detection in the Financial Services Industry

AI is Transforming Fraud Detection in the Financial Services Industry The age of artificial intelligence (AI) is here and, fortunately, Hollywood’s worst nightmares have yet to materialise - no

US elections 2020

The Impact of the US Elections on Finance and Fintech

To say that the political situation in the US has been pretty chaotic in recent years would be the understatement of the decade.

remittance

Reconciliation in the Payments Industry: When Money is the Commodity

Reconciliation is, of course, an absolutely essential process in any business. If the accounts don’t balance then there is a serious problem somewhere that could cost a business its customers and could even be the death knell of the business itself.

peertopeer

The Rise of Peer-to-Peer FX

The act of exchanging currencies, particularly to pay for products and services in another country, has always had one essential fault

banks

Unlocking the Benefits of Open Banking

Open Banking has the potential to be the key to unlocking the future of financial services. It allows a greater flow of data, creating opportunities to use it more efficiently and effectively than it has been to this point, particularly by fintech firms.

The Rise of QR Code Payments

The QR code was first designed in 1994 for the automotive industry, helping Japanese car manufacturers keep track of parts. While they gained popularity in other industries over time, it wasn’t until 2011 that the option to make payments with these two-dimensional bar codes arrived

b2b

Transforming Cross-Border B2B Payments — Everything You Need to Know

In an increasingly digital and globalised world, the thought of handing over a paper cheque to finalise a business deal now seems curiously quaint and old-fashioned, not to mention hugely inefficient.

international money transfer

The Evolution of Money Transfers

The transfer of money from one country to another is now such an important process for so many people that it’s difficult to imagine life without it. It’s especially important for developing countries...

remittances

Formal vs Informal Remittance Channels

There are several viable methods of sending money from one country to another - some formal, official and recordable, others less so.

Fintech

Fintech & Banking - The Shift in Customer Experience

As the proliferation of smartphones and internet connectivity reaches the level that you can even find both in remote rural villages in the least developed parts of the world, it should come as no surprise that a lot of industries are facing significant changes.

banks

NeoBanks and the Future of Banking

Coming into the 2020s, more and more people are embracing the digital era and incorporating the opportunities it presents into their lives. More specifically, a greater number of people are embracing the rapidly evolving and developing world of fintech.

DeeMoney

Understanding the Mobile Money Ecosystem

Mobile financial services have proven their worth time and time again, whether it’s the convenience of being able to move funds around long after the banks have closed for

economies

How consumer behaviour shapes trends within the remittance industry

While all services are swayed by their customers and the customer’s experience of using it, this is perhaps more true with remittance than any other player in the payments

DeeMoney

How to Drive Digital Transformation

The fact that the world is going digital should be apparent to everyone, particularly in the wake of widespread lockdowns in response to COVID-19. With the option of walking into

personal finance, remittances

The role of remittances in achieving sustainable development growth

With the World Bank estimating that $689 billion dollars was sent home by expatriates and migrant workers around the globe in 2018, the economic impact of remittance is undoubtedly considerable

fx

The landscape of the foreign exchange market in 2020

The foreign exchange market is the world’s largest financial market, with more than 5 trillion dollars being traded every working day. Not all of these transactions are high-flying business traders - some are just expats sending money home or tourists preparing their holiday money

DeeMoney

What do all national holidays mean to the global money movement?

You wire the money home, expecting it to show up in your account in a few days. A week later and there’s no sign of it. Then you remember that your home country is in the middle of a major national celebration and all banking operations have halted for the duration.

Tech companies

How the Digital Revolution is Integrating Southeast Asian Customers

The same way we have gone through the Industrial Revolution, we are now going through a Digital Revolution. This time, the people of South East Asia are not just following, but also leading.

AI

How to Turn AI into ROI

AI has benefit some businesses in scaling their operations. However, most businesses have reported that they have gained very little.

covid-19

The Impact of COVID-19 on Cloud and SaaS Providers

COVID-19’s impact on the world has been enormous (understatement of the decade), no less so for the tech industry. The need for work from home in order to limit the spread of the virus resulted in an urgent need for remote working solutions, with cloud and software-based services at the forefront.

work permit

Getting a Work Permit in Thailand

If you want to work in Thailand - and who wouldn't? - you will need a permit to do so legally. This is a document issued by the Ministry of Labour's Department of Employment.

work from home

Working from Home? These Tools Will Help

In the wake of the COVID-19 outbreak, a lot of businesses have found themselves necessary to adapt to having their teams working from home, in self-isolation.