Retailers such as Walmart entered the financial services space when it launched a payment app that allows Mexican customers to receive remittances from the US. With global professionals wanting to send home payments back home to their families, I wanted to explore how the remittance market is heating up. With Remity filing to go public and BayaniPay's partnership with BDO Bank and Seafood City there seems to be a growing number of trends that I wanted to talk about. Los Angeles-based BayaniPay recently launched a new borderless digital banking service in partnership with BDO Unibank, the largest bank in the Philippines, and Seafood City, a large US-based Filipino supermarket chain. Through the service and partnership, the companies offer millions of Asian Americans a low-cost, frictionless way to send money to their families back in their homelands, pay bills and conduct online transactions. BayaniPay takes its name from ""Bayani,"" the Filipino word for "hero"—a term often used to describe global professionals in their home countries. Born out of a partnership between inclusion tech venture studio Talino Ventures and leading Asian American multimedia publisher The Asian Journal, BayaniPay received funding from Wavemaker Partners, a cross-border venture capital firm investing in early-stage startups in the United States and Southeast Asia. Winston Damarillo is the co-founder and CEO of BayaniPay. He joins me on the Tech Talks Daily Podcast to share BayaniPay's mission to use technology to break down the borders in banking and level the playing field for all global citizens.