KUALA LUMPUR, Nov 12 -- NTT Communications Corporation (NTT Com) has invested in M-DAQ Pte Ltd (M-DAQ), a Singapore-based fintech startup.
With this strategic partnership with M-DAQ, NTT Com will launch Home Currency Anywhere (HCA), Japan’s first rate-guaranteed foreign exchange (FX) information and transaction data service, within November-end.
HCA is a service that enables foreign currency conversion at a guaranteed rate which is supplied on NTT Com's smart data platform environment, integrated with M-DAQ‘s FX engine.
This gives users price certainty in the currency of their choice, prior to purchasing goods and services overseas.
NTT Com aims to collaborate with companies that use HCA to realise a world where service providers and customers can conduct transactions without worrying about currency fluctuations, including through platform services that connect eWallet operators worldwide on a cross-border basis.
-- BERNAMA
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