DeeMoney Taps Ripple To Bring Thailand Faster, Affordable Cross-Border Remittances

A Thai Fintech company, DeeMoney is partnering with Blockchain remittance firm Ripple to bring its users faster and cheaper cross-border money transfers. The collaboration will see DeeMoney use RippleNet to facilitate international payments coming into Thailand. The company handles transactions between Thailand and its key remittance corridors of South Korea, Singapore, Indonesia, Israel, The Middle East, and the Gulf regions. Same-day Settlements Additionally, DeeMoney will carry out same-day settlements to Thai bank accounts, making it every cross border remittance company's…