Going Global: Five lessons to ensure a smooth transaction online
As exchanging money over the internet has become an everyday occurrence, there are still some downsides to cyberspace that we need to be aware of when it comes to transferring a large sum of money abroad online...
Global Business
What is money laundering?
Money laundering is a grave offence in Singapore, but what is money laundering and how do we combat it? Read more to find out...
2021
Singapore's 2021 economic forecasts: The good, the bad and everything in between
Many economists have predicted Singapore 2021 economic forecast to have a positive growth despite the impacts of COVID-19. Despite the overall growth, some sectors are not spared from the virus’ destruction.
2021
5 Tips to manage a global workforce this 2021
A global workforce provides many opportunities for an organisation such as reaching new customers and providing resources to interact with the audience in those markets. However, there are significant barriers and challenges companies have to overcome to establish an effective and productive international workforce…
2021
2020 Year in Review: All-new TranSwap
2020 has been a meaningful year for us at TranSwap. Despite the many hurdles thrown our way, we managed to break through barriers and achieve our goals. Here’s a glimpse of our achievements in the year 2020 and our goals for 2021
Global Payment
The history of Foreign Exchange: Part 2
After the Plaza Accord, we will now move towards the formation of the European Union and the current forex exchange that we are familiar with. Open to read more...
Artificial intelligence (AI) has been gaining media attention and generating a lot of conversations on the internet.
Money Transfer
How to Protect Yourself Online: Phishing Attacks
Don’t open a message or email if you don’t recognise the sender’s name. When browsing online or checking your email, you should always be careful.
Currency
5 Key factors that influence FX rates
When doing business abroad, SMEs and startups are vulnerable to exchange rates fluctuation. It can have an effect on competition...
Global Payment
Overcoming Cross-Border Payment Challenges in 2023
As a startup, are you struggling with cross-border payments in 2023? Are you still suffering from slow transaction speed, lack of transparency, high costs and unpredictable exchange rates?
Global Payment
Business Travel Expenses? How To Get It Right
Most countries are now fully open again and welcoming to tourists and business travelers.
Money Transfer
A Simple Guide to Transferring Money Internationally
It is common practice for most businesses nowadays to make international transfers...