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Visa Money Travels Digital Remittances Report: Close to nine in 10 Singapore residents send remittances at least once a year

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SINGAPORE, July 10, 2024 /PRNewswire/ — Visa, a world leader in digital payments, has released the results of its Money Travels: 2024 Digital Remittances Adoption Report, with 86 per cent of Singapore residents sending or receiving money at least once a year, and digital apps is their preferred remittance method.

The Money Travels: 2024 Digital Remittances Adoption Report examines how consumers send money abroad, diving into the rates, methods, and reasons for sending and receiving payments across 20 markets globally. The survey included 2500 Singapore respondents. 

In Asia Pacific, Visa saw a two-fold increase in digital remittances over the last two years, highlighting the accelerated pace and clients’ demand at which remittance flows are increasing in the region. Singapore is one of the three markets for Asia Pacific in terms of frequency of sending remittances, behind China (99%) and on par with India.

In terms of value of remittances, half (51%) of Singapore residents have sent S$1,500 or more to another country in 2023. Singapore is also one of the top markets when it comes to intention on sending more or the same amount of money abroad. Two-thirds (66%) of Singapore remittance users plan on sending more or the same amount of money abroad, behind China (91%) and India (74%).

The top three destinations receiving remittances from Singapore are Mainland China (18%), Australia (13%) and Canada (11%). Other popular destinations for sending remittances in the region are Malaysia (11%) and Japan (9%).

Regular remittances (31%), unexpected need (26%), and investments (26%) are the top drivers for sending money overseas.  The top three reasons given for receiving remittances are own accounts/investments (38%); special occasions (33%) and holidays (27%).

Across the region, digital apps were universally lauded for superior user experiences underscored by accessibility. Markets such as India, the Philippines, and Singapore exceeded global averages (67%), for digital app preference.

Over two-thirds (69%) of Singapore respondents prefer digital apps to send money, and four in 10 respondents plan to use apps to send money more often. 

Security continues to be a key differentiator for payment methods, with digital methods cited as the most secure method for both sending and receiving. Sending money by cheque or cash was perceived as the least secure, especially when sent by mail or courier.

“Remittances are particularly prevalent in Singapore, due to our position as a regional hub. Our large foreign workforce and the diverse financial transactions characteristic of our market also support the growth of international money movement from Singapore,” said Adeline Kim, Country Manager of Singapore and Brunei.

“We’re seeing some interesting trends when it comes to money movement on the remittance front. Besides the foreign workforce sending back money to their families, we are also seeing growth in the creator economy, where money is paid from social platforms to content creators. At Visa, we harness our extensive transaction data to drive innovations that cater specifically to the needs in the money movement industry. Our primary goal is streamline and secure the remittance process, be it topping up a digital wallet, sending money to loved ones or money transfers for business purposes.”

Visa works in collaboration with global remitters such as Brightwell, Thunes, Remitly, Western Union and Asia United Bank (AUB) to help enable efficient money movement through digitised remittances, leveraging our Visa Direct solution. For more information about Visa Direct, please visit: www.visa.com.sg

Survey Methodology
This survey was conducted by Morning Consult during December 2023 to March 2024 with a sample size of 40,000+ remittance senders and receivers across North America, Europe, Latin America, the Middle East, and Asia Pacific. The interviews were conducted online and includes 2,500 Singapore respondents who are weighted based on census estimates for age, race/ethnicity, gender, education and region.

About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at www.visa.com.sg

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/visa-money-travels-digital-remittances-report-close-to-nine-in-10-singapore-residents-send-remittances-at-least-once-a-year-302193195.html

SOURCE Visa

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RaaWee K12 Solutions Unveils RaaWee K12 Attendance+ NEXT: A Game-Changer in Combatting Chronic Absenteeism and Truancy

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PLANO, Texas, March 14, 2025 /PRNewswire/ — RaaWee K12 Solutions , the premier company dedicated to addressing the challenges of chronic absenteeism and truancy for over a decade, proudly announces the launch of its newest version, RaaWee K12 Attendance+ NEXT. This innovative solution is designed for school districts across the United States, offering enhanced tools to improve student attendance and foster educational success.

RaaWee K12 Attendance+ NEXT features a suite of powerful capabilities, including foolproof tracking, simplified outreach, timely two-way communication, barrier-solving collaboration, streamlined document preparation, robust data analysis, and centralized storage tools. These advancements empower education leaders to implement effective strategies that result in significant improvements in student attendance.

The latest version offers a cleaner, more user-friendly interface, faster processing speeds, and enhanced intervention and reporting tools, surpassing its already successful predecessor. RaaWee K12 Attendance+ NEXT is now the leading solution for districts with 8,000 students or more, setting a new standard for attendance management in education.

Key upgrades include:

Enhanced Converse Module: This expansion allows for two-way communication with families and features automatic translation to and from hundreds of languages, ensuring effective communication with diverse communities.Dashboard 3.0: The third generation of the most utilized Attendance Intelligence Reporting Dashboard in education solutions, providing deeper insights and analytics to inform decision-making.

RaaWee K12 Attendance+ NEXT is launching with two Texas school districts already reaping the benefits of this cutting-edge product. RaaWee K12 Solutions is excited to welcome Forney Independent School District (ISD) as a new partner, alongside Eagle Pass Independent School District (ISD), a long-time partner now utilizing the latest features to enhance their attendance efforts.

“Our partnership with RaaWee has provided our staff with innovative tools to improve attendance. The system is user-friendly and their Team is always quick to respond to any questions or concerns,” notes David Camarillo, Executive Director for Instruction at Eagle Pass ISD in Eagle Pass, TX.

RaaWee K12 Attendance+ Essential, with the latest upgrades for a better understanding of the causes of absenteeism, will continue to be a powerful and affordable solution for districts or single school sites serving fewer than 8,000 students. This will ensure that all educational institutions, regardless of size, have access to effective tools for improving attendance.

“With the launch of RaaWee K12 Attendance+ NEXT, we are taking significant strides in our commitment to combat chronic absenteeism and truancy,” said Saleem Qazi, CEO, RaaWee K12 Solutions. “Our enhanced features and user-friendly design empower districts to create a positive impact on student attendance and overall educational outcomes.”

RaaWee K12 Solutions, solely focused on the challenges of Chronic Absenteeism and Truancy for more than 10 years, provides RaaWee K12 Attendance+ to educational institutions and their leaders for foolproof tracking, simplified outreach, timely 2-way communication, barrier-solving collaboration, simplified document preparation, powerful data analysis, and centralized storage tools that result in successful Student Attendance Improvement. Visit www.RaaWeeK12.com for more information on these powerful solutions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/raawee-k12-solutions-unveils-raawee-k12-attendance-next-a-game-changer-in-combatting-chronic-absenteeism-and-truancy-302402199.html

SOURCE RaaWee K12 Solutions

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Semtech Corporation (SMTC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

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BENSALEM, Pa., March 14, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMTECH CORPORATION (SMTC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE APRIL 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between August 27, 2024 and February 7, 2025, Defendants failed to disclose to investors: (1) that its CopperEdge products did not meet the needs of its server rack customer or end users; (2) that, as a result, the CopperEdge products required certain rack architecture changes; (3) that, as a result of the foregoing, the Company’s sales of CopperEdge products would not ramp-up during fiscal 2026; (4) that, as a result, sales of CopperEdge products would be lower-than-expected; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: howardsmith@howardsmithlaw.com,
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

View original content:https://www.prnewswire.com/news-releases/semtech-corporation-smtc-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302402093.html

SOURCE Law Offices of Howard G. Smith

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Clear Harbor Launches Specialized Brand-Centric Outsourcing for Healthcare

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New BPO Solution Delivers White-Glove, Effortless Patient Experiences for Clinics, Hospitals, and Health Systems to Reduce Costs While Enhancing Brand Reputation

ALPHARETTA, Ga.  , March 14, 2025 /PRNewswire-PRWeb/ — Clear Harbor, a leader in brand-centric outsourcing, today announced the launch of its new Healthcare Outsourcing Solution, designed to deliver high-touch, empathetic patient experiences for clinics, hospitals, and health systems. By merging advanced agent development techniques with a deep understanding of healthcare industry requirements, Clear Harbor’s latest offering provides a white-glove approach that not only protects but also enhances a healthcare organization’s reputation and patient satisfaction.

Elevate patient satisfaction through white-glove service that reduces patient effort, fostering trust and positive word-of-mouth.

“Our specialized healthcare-focused solution is rooted in the principle that every patient interaction is a vital extension of the provider’s brand,” said Grey Wood, Chief Executive Officer of Clear Harbor. “We’ve taken our proven model for brand-centric outsourcing and tailored it to address the unique sensitivities of the healthcare sector. This ensures that patients receive the empathy, clarity, and guidance they need—while providers maintain the highest standards of trust and loyalty.”

Addressing Critical Patient Experience Needs

The healthcare industry has faced growing challenges, including higher patient expectations, the rapid adoption of telehealth, and the demand for more personalized interactions. Clear Harbor’s Healthcare Outsourcing Solution addresses these issues by offering:

Brand-Centric Engagement: Every patient communication—whether a phone call or chat—reflects the healthcare organization’s values and commitment to white-glove, effortless patient interaction. Agents are trained to uphold the brand’s tone, empathy standards, and messaging consistency.Nearshore Excellence: By strategically locating contact centers in nearshore regions with native English-speaking professionals, Clear Harbor offers culturally aligned, high-quality patient interactions that minimize communication barriers and deliver cost advantages.Specialized Agent Development: Clear Harbor’s training program, grounded in adult learning science and healthcare compliance, ensures that agents can handle sensitive patient inquiries. The program emphasizes C.L.E.A.R. (Care, Listen, Empathize, Act, Reflect) values, adapted to the healthcare context to deliver compassionate, accurate, and efficient support.Compliance & Security: The solution adheres to healthcare regulations and data security standards, including HIPAA. Robust protocols are in place to safeguard patient information and maintain strict confidentiality throughout every touchpoint.

A Proven Approach for Clinics, Hospitals, and Health Systems

Clear Harbor’s history of partnering with healthcare organizations has shaped the new solution’s core components. From scheduling appointments for community clinics to handling complex inquiries for large hospital networks, Clear Harbor has consistently demonstrated its capacity to:

Elevate Patient Satisfaction: Through white-glove service that reduces patient effort, fostering trust and positive word-of-mouth.Reduce Operational Costs: By optimizing staffing, training, and workflows, resulting in a lower total cost without compromising on quality.Strengthen Brand Reputation: By acting as an extension of the provider’s brand, ensuring consistent messaging and empathetic care at every patient interaction.

Why Brand-Centric Outsourcing Matters in Healthcare

Patient loyalty and healthcare brand reputation are closely tied to the quality of each interaction, especially when patients are navigating sensitive health issues. Traditional BPO models may fail to meet the emotional and informational needs unique to patient care. Clear Harbor’s brand-centric approach is different: it’s specifically engineered to protect and strengthen a healthcare provider’s brand, combining human empathy with precise, compliant service.

“In healthcare, patient experience can significantly impact both clinical outcomes and organizational success,” added Wood. “We believe that our brand-centric philosophy—focused on empathetic engagement, skillful problem-solving, and continuous improvement—uniquely positions us to help providers build lasting patient relationships.”

About Clear Harbor

Clear Harbor is a premier provider of brand-centric outsourcing, specializing in white-glove experiences that protect and elevate brand equity. Founded in 2004 and headquartered in Alpharetta, Georgia, Clear Harbor operates strategically located nearshore centers staffed by native English-speaking agents. By integrating rigorous Learning & Development with a C.L.E.A.R. (Care, Listen, Empathize, Act, Reflect) mission, Clear Harbor delivers consistent, high-quality interactions that reinforce its clients’ values—lowering total costs without sacrificing trust or loyalty. With its new Healthcare Outsourcing Solution, Clear Harbor extends this proven model to clinics, hospitals, and health systems, ensuring every patient encounter meets the highest standards of empathy, compliance, and brand alignment.

Media Contact

Chandler Gartman, Clear Harbor, 1 (678) 591-0382, mediarelations@clearharbor.com, www.clearharbor.com

View original content:https://www.prweb.com/releases/clear-harbor-launches-specialized-brand-centric-outsourcing-for-healthcare-302401644.html

SOURCE Clear Harbor

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