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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
Thailand-based Velo has announced its collaboration with PTL Holdings (PTLH), intending to merge its digital finance abilities with the latter’s industrial capacity.
web3, digital payments, financial inclusion, financial services, partnership
Edward Dovey, Head of APAC at RTGS.global, sheds light on the role of faster, more affordable cross-border payment solutions and understanding the de-dollarisation trend.
cross-border payments, cross-border logistics, CBDC, digital currency, settlement, financial institutions, FX , central bank
Payment network GLN International has partnered with Remitly to launch instant cross-border remittances from abroad to all domestic bank accounts in Korea.
cross-border payments, remittance, money transfer, digital wallet, bank account
Korea Easy Payment Foundation (KEPF) has signed an agreement with GLN International to introduce GLN cross-border QR payment.
cross-border payments, QR code, QR payments, financial inclusion, digital payments
The National Bank of Cambodia (NBC) and Bank of the LAO PDR (BOL) have launched the first phase of cross-border QR code payments in Laos.
QR payments, digital payments, cross-border payments, online payments
An estimated 293 million scam reports were filed and USD 55.3 billion was lost in scams in 2021 worldwide. Jorij Abraham, General Manager at ScamAdviser.com and The Global Anti-Scam Alliance, tackles the most common types of scams and how they spread across the globe, creating a new epidemic.
scam, fraud management, fraud detection, online fraud, COVID-19, digitalisation, fraud prevention, identity theft, identity fraud, phishing, crypto
Asia-Pacific is expected to become the new engine of regtech growth and innovation over the next years.
digital identity, fraud prevention, KYC, AML, identity verification, biometric authentication, compliance
Tsuyoshi Notani, Managing Director at JCB International (Europe) Ltd., takes a deep dive into the behaviours of Japanese cardmembers, revealing how European payment providers and merchants can better cater for their needs
JCB, merchants, loyalty programme, ecommerce
payment gateway, online payments, financial institutions
Coda Payments and Riot Games have announced that players in eight markets across Southeast Asia can purchase in-game currency for Riot’s free-to-play strategy card game, Legends of Runeterra, on Codashop.
Coda Payments, Riot Games, gaming, in-game purchase, alternative payment methods
Banque Pour Le Commerce Exterieur Lao Public (BCEL) has partnered with Hong Kong mobile payments services provider Wallyt to allow Lao merchants to accept mobile payments through WeChat Pay and Alipay.
WeChat Pay, Alipay, Wallyt, mobile payments, QR code payments
QFPay, a China-based QR code-based payment company, has received USD 20 million in fresh funding from existing investors Sequoia Capital China and Matrix Partners.
QFPay, China, mobile payments, startup, QR-code payments
Lao Development Bank (LDB) and Everex have signed an MOU to research and implement blockchain technology for cross border payments and trade finance.
Lao Development Bank, LDB, Everex, money transfer, cross border payments, trade finance, financial services, banks, MOU, Lao
Bangkok Bank (BBL) has announced that it plans to start offering cross-border payments via QR code in Japan later in March 2019.
BBL, QR payments, Japan, Bangkok Bank
INTERPOL has selected Onfido, a global identity verification company, to provide a 3-day training course to government officials to help them detect fraudulent identity documents.
digital identity, identity verification, fraud prevention, authentication, Asia, Interpol, Onfido, risk management
Rossini Zumwalt of Emergent Payments explains why now is the best time to prioritise Southeast Asia for digital commerce
Emergent Payments, Rossini Zumwalt, Southeast Asia, cash, card, mobile banking, ecommerce, bank transfer, State Bank of Vietnam, mobile wallet, card, merchant, local payments, Vietnam, Thailand, Indonesia
Bangkok Bank has joined the Marco Polo trade finance initiative run by enterprise software company R3 and trade finance technology specialist TradeIX.
Bangkok Bank, Marco Polo, trade finance, blockchain, R3, TradeIX, trade data, payables finance, receivables finance
Airports Authority of India (AAI) and International Air Transport Association (IATA) have announced they signed a Memorandum of Understanding (MoU).
AAI, IATA, e-invoicing, MOU, e-data, partnership
Alipay has expanded its cross-border footprint with new outposts in Cambodia, Myanmar, Laos and the Philippines.
Alipay, mobile payments, Cambodia, Myanmar, Laos, Philippines, merchant