MatchMove and KPMG contract with construction group Expand Group to roll out remittance app
Posted on 11th June 2020
MatchMove and KPMG contract with construction group Expand Group to roll out remittance app
11th June 2020
0Comments
MatchMove, a Singapore-headquartered fintech company and KPMG, today announced their partnership with the Expand Group, a leading homegrown building construction group with integrated civil engineering and construction support service capabilities, to facilitate Employer Assisted contactless e-remittance for foreign migrant workers quarantined in dormitories.
The COVID-19 pandemic and heightened number of cases amongst the foreign migrant worker segment has led to them being quarantined in dormitories. As they are unable to leave their dormitories due to the Stay Home Notice, they are unable to make the trip to their usual remittance centres. This situation has accelerated the adoption of cashless digital payments among the foreign migrant workers.
In support of the Government initiative to support the migrant worker community, MatchMove and KPMG are collaborating with Expand Group to onboard their foreign migrant workers onto the Boss Mobile Money remittance application and training them virtually so they can carry out the transaction at ease. Expand Group, currently employs about 1000 foreign migrant workers, all of whom are currently quarantined in various dormitories. In recognising the challenge faced by foreign workers, KPMG spearheaded this digital solution with MatchMove, and has donated cash to pre-load the wallet with a sum to cover transaction fees for this pilot phase. A number of dormitory residents have already successfully been onboarded onto Boss Mobile Money and can now perform transactions to remit money back to their families in India and the Philippines. KPMG continues to seek support from like-minded corporates and individuals for this cause.
MatchMove’s Boss Mobile Money application is a B2C application that enables cross-border transactions safely and securely to more than 10 countries including India, Bangladesh and the Philippines. The application is also popular amongst the foreign migrant worker segment due to its user-friendly experience and multi-language instructions, not to mention competitive rates.
“The ongoing pandemic has made us realise the urgent need for our quarantined workers to adopt relevant digital tools to ensure their lives and their families are not disrupted. It is encouraging to see fintechs and corporates such as MatchMove and KPMG stepping forward to empower and educate our workers, to ensure they are able remit in a seamless and fuss-free manner. We look forward to onboarding more of our workers on MatchMove’s Boss Mobile Money remittance application in time to come,” shares Von Lee, Founder and Chairman of Expand Group of Companies.
Announcing the same, Shailesh Naik, Founder and Group CEO of MatchMove commented, “This initiative is aligned to MatchMove’s core values of improving the quality of people’s digital life and giving them access to essential financial services wherever they are. In these challenging times, we are fortunate to have a solution to help those in need fulfil their commitments to their family.”
“For our foreign workers who are quarantined, we understand that a key concern is their ability to send funds back home, which is often via brick-and-mortar remittance services.”, said Bob Yap, Head of Deal Advisory at KPMG Asia Pacific. “To help ensure their families continue to receive monies easily and quickly whilst keeping safe, KPMG leveraged our digital expertise, client network and collaboration with MatchMove to deliver this solution”, explained Yap, who leads a group in KPMG supporting social causes and charities impacted by COVID-19.
We use cookies and tracking through digital fingerprints on our website to give you the most relevant experience by remembering your preferences and repeat visits. Your information may also be used for personalization of adverts on our website. You can learn more about how we and our 194 partners collect and use your data by reading our Privacy Policy and Cookie Policy. By clicking "Accept All", you consent to the use of ALL cookies and tracking. You may visit "Cookie Settings" to provide a controlled (limited) consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-advertisement
1 year
Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent
1 year
Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie.
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
zfccn
session
Zoho sets this cookie for website security when a request is sent to campaigns.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Cookie
Duration
Description
bcookie
2 years
LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID.
bscookie
2 years
LinkedIn sets this cookie to store performed actions on the website.
lang
session
LinkedIn sets this cookie to remember a user's language setting.
lidc
1 day
LinkedIn sets the lidc cookie to facilitate data center selection.
UserMatchHistory
1 month
LinkedIn sets this cookie for LinkedIn Ads ID syncing.
_zcsr_tmp
session
Zoho sets this cookie for the login function on the website.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Cookie
Duration
Description
_gat
1 minute
This cookie is installed by Google Universal Analytics to restrain request rate and thus limit the collection of data on high traffic sites.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Cookie
Duration
Description
aigm_tracking_consent
1 year
Created by Monster Tracking v2 for internal tracking/fingerprinting - determines whether the user has consented to being tracked by allowing cookies.
aigm_tracking_id
1 year
Created by Monster Tracking v2 for internal tracking/fingerprinting - contains the consent ID number of the user.
_ga
2 years
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_gat_gtag_UA_64824223_1
1 minute
Set by Google to distinguish users.
_ga_R25S117LJD
2 years
This cookie is installed by Google Analytics.
_gid
1 day
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
__gads
1 year 24 days
The __gads cookie, set by Google, is stored under DoubleClick domain and tracks the number of times users see an advert, measures the success of the campaign and calculates its revenue. This cookie can only be read from the domain they are set on and will not track any data while browsing through other sites.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Cookie
Duration
Description
IDE
1 year 24 days
Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile.
test_cookie
15 minutes
The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.