TOKYO -- Cross-border payment startups are rushing into Asia as deregulation of the sector has enabled online services to operate in the region, in a major threat to existing banks.
Startups
Global remittance startups rush into Asia counting on deregulation
UK unicorn to launch debit card service in Singapore and Japan
Customers receive money from families working abroad at a remittance center in Makati City, Metro Manila. © Reuters
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