Connect with us

Technology

OwlTing Expands Integration with MoneyGram for Global USDC Stablecoin On/Off-Ramp

Published

on

TAIPEI, Dec. 3, 2024 /PRNewswire/ — OwlTing Group (“Company”), a global blockchain fintech company, today announced that its unhosted digital wallet solution, OwlPay® Wallet Pro (the “Wallet”) has integrated with MoneyGram International Inc. (“MoneyGram”), a leading global fintech company that connects the world’s communities, to enhance the Wallet’s bankless on and off-ramp capabilities for seamless conversions between fiat currencies and USDC stablecoin.

Through this integration, OwlPay® Wallet Pro now offers its users the functionality to cash-in from local fiat currencies to USDC stablecoin in over 30 countries[1] globally across nearly 50,000 MoneyGram locations. The Wallet users will also be able to cash-out from USDC stablecoin to fiat currencies in over 170 countries at more than 375,000 MoneyGram locations. This integration is powered by MoneyGram Access™, the first-of-its-kind global on/off-ramp service for digital asset wallets.

OwlPay® Wallet Pro also welcomes a significant update. It has moved all individual wallets to the unhosted wallet model, allowing users most access to their passphrases. This enhances user security and accessibility. The updated Wallet is now available for iOS and Android on Apple’s App Store and Google Play Store.

The Company aims to address long-standing issues such as high fees, slow processing times, and limited access to traditional financial services of the cross-border remittance market and will play a vital role in providing a faster, secure, and cost-effective payment solution. While MoneyGram has reduced its average fee for traditional remittance customers to under 3%, paving the way to meet the United Nation’s 10.c target[2] to reduce the costs of migrant remittance transfers to less than 3%, the World Bank estimates the remittance industry’s global average cost to be 6.65%[3].

“We’re seeing a surge of evolving needs from businesses that utilize international payments and from immigrants that send money home to help support their loved ones,” said Darren Wang, Founder and CEO at OwlTing Group. “By integrating with MoneyGram, OwlTing will make our vision possible and better support the financial resilience in underbanked regions such as Latin America and Africa. We can enhance the utility of USDC stablecoin in helping our customers hedge volatile fiat currencies in those regions.”

“OwlTing’s approach to digital payments aligns perfectly with our mission to enable seamless and accessible financial services across borders,” said Jon Lira, Head of Partnerships at MoneyGram International Inc. “It’s been thrilling to see MoneyGram Access™ expand globally since its launch in June 2022 and enable impactful use cases across Ukraine, Colombia and more. Now, we believe OwlPay® Wallet Pro can grow exponentially through the MoneyGram network and become part of people’s daily lives.”

A Future for Bankless Payments Beyond Borders

According to third-party industry reports[4], the global remittance market was valued at $50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2033, highlighting the rising demand for affordable and efficient cross-border payment solutions. OwlPay® Wallet Pro aims to allow immigrant workers to transfer USDC to recipients abroad without involving bank accounts. Their recipients can hold USDC digitally in their wallets to combat inflation and exchange them for cash through MoneyGram whenever they need it.

To provide users’ peace of mind in payment transactions, OwlTing has continued to make legal compliance a cornerstone of its operation strategy. The Company announced that it is now licensed in 29 U.S. states, including the recent acquisition of a Money Transmitter License (MTL) in Utah, and it also obtained the ISO/IEC 27001 certification, underscoring its commitment to minimizing cyber risks and safeguarding users’ data.

This announcement follows OwlTing Group’s integration of its digital wallet, OwlPay® Wallet Pro, with the Stellar blockchain[5] to support USDC stablecoin in August 2024. The partnership potentially expands OwlPay®’s reach to more than 8 million accounts on the Stellar network. Combined with the new integration with MoneyGram, OwlTing now offers a compliant and scalable payment platform in the broad ecosystem that serves both U.S. and global markets.

About MoneyGram International, Inc.

MoneyGram International, Inc. is a global financial technology company enabling consumers and businesses to move and manage money in nearly every country around the world. Through its innovative cross-border platform, MoneyGram provides millions of consumers globally the ability to send money home for family and friends to pick up in cash or receive directly to a bank account, mobile wallet or card. The Company is a pioneer in the use of blockchain technology at scale and also enables consumers to buy, sell and hold digital currencies on its industry-leading app. With one of the world’s most extensive and dynamic cash distribution networks, MoneyGram has become the single largest on and off-ramp provider for digital currencies in the world. The MoneyGram team spans the globe with over 2,000 employees across 36 countries, representing more than 75 nationalities. Headquartered in Dallas, Texas, and known for its strong corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for three consecutive years. By the numbers, MoneyGram serves more than 50 million people in over 200 countries and territories each year, processing more than $200 billion USD annually. Relentlessly digital-first and customer-centric, the Company’s digital transactions now account for over 50% of its money transfer business.

About OwlPay® Wallet Pro

OwlPay® Wallet Pro is a blockchain-based unhosted digital wallet solution to empower enterprises and individuals, offering a fast setup for a U.S. state-licensed and secure multi-currency payment wallet for cross-border transactions. For more information, visit https://www.owlting.com/owlpay/wallets-as-a-service?lang=en.

About OwlTing Group

Founded in 2010, OwlTing is a global blockchain fintech company based in Taiwan and has branch offices in the U.S., Japan, Singapore, Hong Kong, Thailand, and Malaysia. In 2022, it was selected by KPMG and HSBC as “the Leading 3 Emerging Giants in Taiwan“. With the mission to usher in the digital transformation of traditional payment processes, while ensuring legal compliance, OwlTing introduced OwlPay®, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the evolving digital landscape. For more information, visit https://www.owlting.com/portal/?lang=en.

[1] According to the MoneyGram Access™ Country List. Key countries include the U.S., Peru, Argentina, the Philippines, and many others.
[2] According to the United Nations SDG 10. Target 10.c indicates: By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent.
[3] According to the World Bank statistics. https://remittanceprices.worldbank.org/#:~:text=Globally%2C%20sending%20remittances%20costs%20an,2024%20report%20for%20further%20details.
[4] According to a research paper published by The Brainy Insights in 2024. https://www.thebrainyinsights.com/report/remittance-market-14254
[5] Stellar is an open-source network that connects the world’s financial infrastructure, supported by The Stellar Development Foundation (SDF), a U.S. non-profit organization.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/owlting-expands-integration-with-moneygram-for-global-usdc-stablecoin-onoff-ramp-302321805.html

SOURCE OwlTing Group

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Neptune Robotics Invests US$12mn in New Singapore Factory to Drive Five-Fold Increase in Autonomous Ship Hull Cleanings

Published

on

By

Move to capture a larger share of Singapore’s hull cleanings at berth and anchorage
New R&D operations enhances cutting-edge robotics and AI capabilities 

SINGAPORE, April 20, 2026 /PRNewswire/ — Neptune Robotics (“Neptune”), a pioneer in AI-powered robotic hull cleaning services with a presence in 61 ports across Singapore and China, today announced a major manufacturing and R&D expansion in Singapore. This is part of the company’s continuing ambition to tackle biofouling, one of the shipping industry’s costliest issues with significant environmental impact.

On the back of a US$52 million Series B round led by Granite Asia in September 2025, the new facility will accelerate Neptune’s mission to slash maritime carbon emissions and fuel wastage through automated hull maintenance.

“Our investment in Singapore is a strategic milestone that will enhance our service provision to clients and position us to meet their current and future needs,” said Elizabeth Chan, Co-Founder and CEO of Neptune Robotics. “With operators facing mounting fuel cost and emissions pressures, we’re scaling autonomous hull cleaning to help mitigate these issues and empower our clients to run more sustainable shipping operations.”

A growing number of shipowners are realizing the benefits of Neptune’s solutions. Biofouling the buildup of marine growth on hulls can increase ship greenhouse gas emissions by up to 25-30%[1] depending on vessel characteristics and conditions. Neptune’s AI robots remove this growth without damaging hull coatings, providing an immediate ROI for shipowners facing volatile energy markets and evolving sustainability regulations.

The new facility will bring a number of benefits including:

Increased capacity: By the end of 2026, Neptune will increase its local autonomous cleaning capacity by 400% with plans to reach 60 daily hulls by 2027.Advancing AI and robotics: The new facilities in Singapore will house dedicated R&D operations to advance the company’s proprietary computer vision and machine learning capabilities. This will ensure robots can operate 24/7 in challenging conditions including extreme weather, strong currents and low-visibility water.

With a global network now covering 61 strategic ports across Singapore and China, Neptune is scaling AI-driven hull maintenance to the heart of global trade. The company now services 70% of Asia’s primary shipping lanes, providing standardized, robotic hull cleaning at more than half of the world’s international merchant stops.

Since entering the Singapore market in 2024, Neptune has seen significant growth even as the local competitive landscape has thinned. By automating the hull cleaning process, Neptune eliminates the need for human divers in dangerous environments while ensuring vessels remain fuel efficient at sea.

Neptune will be exhibiting at Booth D19 during Singapore Maritime Week (SMW), April 20–24, 2026.

– ENDS –

About Neptune Robotics

Neptune Robotics is a technology company specializing in robotics-driven vessel cleaning and energy efficiency optimization.

Its robotic system can clean full draft capesize vessels within 24 hours, counter 4-knot currents, and operate day and night in both clear and murky waters. With coverage across 61 ports in Singapore and China — representing around 70% of major trade routes — Neptune supports shipowners at scale.

Neptune’s services are trusted by the world’s top five bulk carrier and container ship fleets. Its approach has earned endorsement from a leading silicone paint manufacturer for protecting hull coatings. Capable of cleaning all vessel types, Neptune helps clients cut fuel use, lower emissions, and advance their 2050 net-zero goals.

In September 2025, Neptune raised US$52 million in Series B funding led by Granite Asia to drive R&D, new robotic systems, and global expansion.

Company website: Neptune Robotics | ROV Underwater Hull Cleaning

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/neptune-robotics-invests-us12mn-in-new-singapore-factory-to-drive-five-fold-increase-in-autonomous-ship-hull-cleanings-302746872.html

SOURCE Neptune Robotics

Continue Reading

Technology

transcosmos organizes a well-digging volunteer project in Vietnam

Published

on

By

Aiming to address community-specific, long-term challenges through continuous efforts in environmental conservation, child support, and infrastructure support projects

TOKYO, April 20, 2026 /PRNewswire/ — transcosmos today announced that transcosmos technology Vietnam co., ltd. (Headquarters: Ho Chi Minh City, Vietnam; CEO: Daisuke Kamada; transcosmos Technologies Vietnam, TTV), its wholly owned subsidiary specializing in agile software development services in Vietnam, has organized a well-digging volunteer project in Kon Tu Ma Village, Mang Den, Kon Plong District, Quang Ngai Province, located in Vietnam’s Central Highlands.  

In 2022, TTV initiated an employee-led TTV Volunteering Club to boost unity and foster social awareness among employees. Today, approximately 20 employees participate in volunteering activities, led by 10 club members, engaging in initiatives such as environmental conservation, child support, and infrastructure support projects.

This time, the project was carried out in Mang Den, a beautiful place known as “the second Da Lat.” Nestled amidst gently sloping mountains and abundant virgin forests, Mang Den is located on a tranquil plateau with a comfortable, cool climate throughout the year. Many ethnic minority groups sustain themselves mainly through agriculture; however, they face various challenges related to their living environment, medical care, and education. Children living in remote mountainous areas, in particular, face severe conditions.  

In Mang Den, TTV has been carrying out volunteering activities for these children by providing meals and clothing, as well as recreational events and interaction programs. To further deepen these initiatives, TTV has dug a well to provide clean water to Kon Tu Ma Village and has also provided food and daily necessities.

With the Village Mayor, A Reo, and Mr. Hia, who is in charge of public safety, in attendance, TTV handed over the completed well at the grand opening ceremony. At the ceremony, Mayor A Reo commented, “This will not only help improve daily life, but also provide a secure environment even during dry seasons. We appreciate TTV’s support and thank you for your continued assistance.”

With the aim of establishing safe and sustainable water supply systems, TTV will continue to consider possibilities for supporting the development of water storage facilities and water purification systems. Guided by the belief that helping communities address community-specific, long-term challenges—going beyond temporary support—is the ideal approach, TTV is committed to continuing its volunteering activities. 

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and other countries.

*Other company names and product or service names used here are trademarks or registered trademarks of respective companies.

About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we have united superior “people” with cutting-edge “technology” to enhance the competitive strength of our clients by providing them with superior and valuable services. transcosmos currently offers services that support clients’ business processes, focusing on both sales expansion and cost optimization through our 186 bases across 36 countries/regions with a focus on Asia, while continuously pursuing Operational Excellence. Furthermore, following the expansion of the e-commerce market on a global scale, transcosmos provides comprehensive One-Stop Global E-Commerce Services to deliver our clients’ excellent products and services to consumers in 46 countries/regions around the globe. transcosmos is committed to treating the challenges of its clients and society as its own—discussing and addressing their issues from planning to execution—and Make It Real, Together. Visit us here https://www.trans-cosmos.co.jp/english/

View original content to download multimedia:https://www.prnewswire.com/news-releases/transcosmos-organizes-a-well-digging-volunteer-project-in-vietnam-302746877.html

SOURCE transcosmos inc.

Continue Reading

Technology

Agoda Launches brand new ‘What a Save!’ campaign in India

Published

on

By

NEW DELHI, April 20, 2026 /PRNewswire/ — Digital travel platform Agoda is ready to save the day and travelers’ wallets with its fresh “What a Save!” campaign. This lighthearted set of digital ads, including three unique videos, blends humor with creativity to highlight real savings of up to 50% off on domestic hotel bookings.

In the campaign’s videos, viewers are treated to unexpected acts of heroism. One shows a beachgoer rescuing a dolphin washed ashore, with the crowd exclaiming “What a save!” only for the hero to cheekily add, “Actual savings happen on Agoda.” Another video features a girl performing the Heimlich maneuver on a choking peacock, with a grateful mom echoing the same sentiment about Agoda’s savings.

Gaurav Malik, Country Director India at Agoda, shared, “With the new ‘What a Save!’ campaign, we’re blending humor with genuine value. Agoda aims to make travel planning as enjoyable as the journey itself. Wherever travelers venture, booking with Agoda ensures they’ll be amazed and exclaim, ‘What a Save!’.”

In addition to the videos, Agoda is rolling out digital creatives and teaming up with popular creators like Aparshakti Khurana, Raghu and Rajiv of Roadies fame, and Gajraj Rao. This dynamic content lineup is set to engage audiences and highlight Agoda’s knack for great deals and a delightful booking experience.

Agoda’s “What a Save!” campaign is now live on Meta platforms, YouTube and other digital channels. It showcases the platform’s vast offerings, including over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in a single booking. Travelers can explore these offerings and find the best deals on Agoda’s mobile app. For more information, visit Agoda.com or download the Agoda mobile app.

Photo – https://mma.prnewswire.com/media/2959229/What_a_Save_Campaign_Visual.jpg

Logo – https://mma.prnewswire.com/media/2567836/Agoda.jpg

View original content:https://www.prnewswire.com/in/news-releases/agoda-launches-brand-new-what-a-save-campaign-in-india-302746088.html

Continue Reading

Trending