Lim Paik Wan - All News And Posts By Crowdfund Insider

Wise Teams Up with Tencent Financial Technology to Streamline Global Money Transfers to China via Weixin

January 30, 2022 @ 9:18 pm By Omar Faridi |

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

Read more in: Asia, Fintech, Global | Tagged apac, apac region, asia pacific, china, cross-border payments, Cross-Border Transactions, digital transactions, international payments, lim paik wan, mainland china, payments, social media, tencent, tencent financial technology, wechat, weixin, wenhui yang, wise

Digital Banking: More than 40 Parties Submitted Virtual Banking License Application in Malaysia, Reserve Bank Reveals

February 12, 2021 @ 8:25 am By Omar Faridi |

During a recently-held online press conference, Bank Negara Malaysia Governor, Datuk Nor Shamsiah Mohd Yunus stated that more than 40 parties have formally expressed their interest with the reserve bank to acquire a digital banking license (by submitting an online application). Malaysia’s virtual banking framework… Read More

Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged digital bank, digital banking, lim paik wan, malaysia, southeast asia, virtual banking

Remittance Payments have been Too Costly for Malaysian Consumers, with Many Giving Up on them Completely: TransferWise Survey

January 31, 2021 @ 8:38 pm By Omar Faridi |

A survey performed by UK-based TransferWise, a leading online money transfer service, has provided insights on how the Coronavirus crisis has impacted consumer behavior, particularly how remittance payments are handled by individuals residing in Malaysia. The survey revealed that approximately 50% of people in Malaysia… Read More

Read more in: Canada, Asia, Fintech, Global | Tagged canada, cross-border payments, Cross-Border Transactions, digital transactions, international payments, lim paik wan, malaysia, nick catino, remittance payments, remittances, report, southeast asia, survey, transferwise