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Yuno, a payments orchestration platform, has expanded its presence in Asia by launching its payment orchestration solution in Singapore, the Philippines, Thailand, and Hong Kong, among other key markets.
payments orchestration, expansion, digitalisation, e-wallet, fraud prevention
A study conducted by TransUnion has revealed that enrolments for self-credit monitoring have seen a notable increase among Hong Kong residents.
credit scoring, research, study, financial services, financial data
Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024.
payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.
stablecoin, web3, banking, digital assets, regulation
The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution license to crypto market maker GSR Markets.
cryptocurrency, regulation, MPI licence, trading platform, Bitcoin
Netherlands-based fintech Adyen has become an acquirer for the mobile payment service provider PayMe by HSBC in Hong Kong.
mobile payments, ecommerce, Acquirer, merchants, local payment method
Digital payment service and technology provider AsiaPay has partnered with Philippines-based boutique airline Airswift.
travel payments, partnership, digital payments, fintech
Hong Kong-based crypto exchange HKVAEX has decided to withdraw its licence with the Securities and Futures Commission.
regulation, compliance, cryptocurrency, cryptocurrency exchange
Verification provider Sumsub has partnered with payments infrastructure platform Mercuryo to publish a guide about Travel Rule for Virtual Asset Service Providers (VASPs).
cryptocurrency, digital assets, compliance, regulation, partnership
Global payment network provider company GLN International has signed a memorandum of understanding with Nepal-based Fonepay.
partnership, cross-border payments, mobile payments, QR payments
Airwallex and Edgar, Dunn & Company have release a report which shows that consumers want flexibility and transparency in digital cross-border payments.
report, ecommerce, payment methods, merchants, online payments
Evgeny Filichkin, Investment Advisor at neobank Keytom, shares major stablecoin trends to watch out for in 2024.
stablecoin, DeFi, digital currency, ecommerce, CBDC
Canada-based fintech specialising in cross-border payments Ibanly has chosen Sumsub for identity verification, AML screening, KYC, and KYB checks.
cross-border payments, identity verification, AML, KYC, KYB
Banco do Brasil has partnered with Germany-based Giesecke+Devrient in a bid to make offline payments with digital money a reality in Brazil.
partnership, payments , online security, financial inclusion
Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China.
travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card
Hong Kong-based Mox has announced its partnership with Wise to launch low-cost, secure, and transparent international payments directly from the Mox application.
partnership, payments , cross-border payments, cross-border ecommerce, cross-border logistics, mobile payments, digital payments, ecommerce
The Hong Kong Monetary Authority (HKMA) has revealed a new wholesale central bank digital currency (wCBDC) project.
tokenization, CBDC, digital assets, cryptocurrency
Mastercard has partnered with Loop, aiming to empower businesses and consumers in Saudi Arabia with access to advanced credit card offerings and innovative payment solutions.
partnership, credit access, payments , financial services, credit card
Hong Kong-based Octopus has partnered with Mastercard to improve the payments experience for Hong Kong travellers.
travel payments, partnership, digital payments, contactless payments