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The European Union has agreed on the 13th package of sanctions against the Russian Federation following two years of aggression in Ukraine.
financial sanctions, fraud prevention, regulation, compliance
Singapore-based lifestyle destination resort Resorts World Sentosa (RWS) has expanded its partnership with China-based Alipay+.
partnership, travel payments, e-wallet, digital wallet, payment methods, local payment method, digitalisation
Cryptocurrency payment gateway CoinsPaid has encountered its second security breach within a span of six months.
cryptocurrency, digital assets, hacking, cybersecurity
Embark on a journey through APAC's financial crime compliance landscape with Sachin Shah from TCS and FCC subject matter enthusiast, India, as he puts the spotlight on India's role in the region and the impact of digital innovation.
financial crime, AML, cybersecurity, crypto, FATF, digitalisation
Iran’s association of importers has stressed the need for a regulatory framework for crypto now that the Iranian government has recently used crypto to pay for imports.
regulation, cryptocurrency, blockchain, cross-border payments
Malaysia-based Razer Merchant Services (RMS) has integrated Alipay+ for online and offline merchant touchpoints across Malaysia.
partnership, digital wallet, mobile payments, cross-border payments, merchants
US-based provider of enterprise technology R3 has partnered with Asia Development Bank (ADB) to make cross-border transaction in APAC more efficient and secure through blockchain.
R3, partnership, cross-border payments, blockchain, central bank
Canada-based payments technology company Nuvei has teamed with Alipay to connect Nuvei’s merchants with potential customers in the Asia Pacific region.
Nuvei , online payments, partnership, Alipay, ecommerce, cross-border payments
UK-based cryptocurrency firm Koinal has reached an agreement with Huobi to integrate its checkout system.
Koinal, Huobi, cryptocurrency, crypto exchange, Bitcoin, crypto wallet, partnership, debit card
Boku, mobile payments, KakaoPay, Republic of Korea, direct carrier billing, South Korea, digital purchases, video game, mobile wallet, e-wallet, tokenization, subscription payments, ecommerce
Alipay, operated by Ant Financial Services Group, and Worldline have announced the expansion of their long-lasting partnership.
Alipay, Worldline, partnership, Europe, Asia, Ant Financial, merchants, POS, e-wallet, mobile payment
Xoom, PayPal’s international money transfer service, has launched a money transfer service to bank accounts in South Korea.
PayPal, Xoom, remittances, bank deposit, South Korea
Douglas Feagin of Alipay presents the journey of building financial services for the underserved individuals and of creating trust between buyers and sellers in China
Alipay, Ant Financial, Douglas Feagin, digital finance, unbankded, e-wallet, mobile payments, banking, Facebook, China, Instagram, GCash, TrueMoney, KakaoPay, cross-border remittances, blockchain, ecommerce
Alipay has connected more than 300,000 Japanese merchants as of early 2019 to help Chinese tourists to pay using the Alipay app.
Alipay, mobile payments, merchant, Japan, e-wallet, TrueMoney, GCash, KakaoPay, Paytm
The Philippine government has applied USD 7.3-million grant to implement the e-invoicing system project under the Tax Reform for Acceleration and Inclusion law.
Phillipines, Phillipine government, Philippine Bureau of Internal Revenue, Department of Finance, Korea International Cooperation Agency, Tax Reform for Acceleration and Inclusion law, e-invoicing, mandatory e-invoicing
Bitfury, a global blockchain company, has opened its office in Russia to bring its products to the country’s government agencies and companies.
BitFury, blockchain, cryptocurrency, Bitcoin, Russia, open source blockchain, Exonum, Crystal
Online privacy has become a major issue for ecommerce since 49% of users lack trust in websites regarding their data, according to a new survey.
ecommerce, online privacy, users, websites, data, survey, global
Trulioo, a provider of real-time, on-demand global identity verification, has expanded coverage to the Republic of Korea through its GlobalGateway platform.
Trulioo, AML, KYC, identity verification, Republic of Korea, Asia, security, fraud prevention
Ecommerce activities in The Philippines have been ranked at 89, above India (90) and Indonesia (93), in a B2C ecommerce index report released by the United Nations Conference on Trade and Development (UNCTAD).
Phillippines, India, Indonesia, B2C, ecommerce, UNCTAD, credit card
Online fresh food grocer FreshDirect will now accept MasterPass, MasterCard’s digital payments platform, to enhance the online and in-app payment process.
FreshDirect, MasterPass, online grocery, digital payments, in-app payments