Latest from Eileen Yu
Google Pay users in US now able to send money to Singapore, India
Facilitated through partnerships with Western Union and Wise, the service is available only for Google Pay users in the US and will be extended to more than 200 markets by end-2021, but there is no word yet on when it will be enabled for users outside Google's home nation.
Singapore, Australia amongst four central banks to test cross-border digital payments platform
Central banks of Singapore, Australia, Malaysia, and South Africa will develop and test a shared platform to process cross-border digital currency transactions, bypassing the need for intermediaries and slashing costs.
Singapore, India to link national payment systems for cross-border transfers
Residents in both countries will be able to make fund transfers via mobile numbers or virtual payment addresses, with efforts to connect Singapore's PayNow and India's Unified Payments Interface scheduled to complete next July.