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Alipay Plus has expanded its services to the UAE, allowing Chinese visitors to use it for taxi payments and receive instant tax refunds at major airports, enhancing travel convenience.
QR code, QR payments, mobile payments, digital wallet, POS
Wintranx and Rongbao Payment have partnered aiming to optimise risk control solutions for Visa and Mastercard payments.
partnership, ecommerce, payments , cross-border payments, fintech
Germany-based Arvato Supply Chain Solutions has opened its first warehouse in Australia, which serves as a multi-client centre for its customers.
ecommerce, expansion, sustainability , compliance, cross-border logistics
AsiaPay, cross-border payments, BNPL, QR payments, SEPA
CBDC, EPI, digital payments, cryptocurrency, DeFi, regulation, instant payments, risk management, banks, digitalisation, data, payments infrastructure, bigtech, central bank, stablecoin
As Citi Innovation Lab tells us, there is nothing more important for digital identity than authentication and trust. The question is if that applies to corporate identity too
identity fraud, digital identity, identity verification, artificial intelligence, cybersecurity
In the future, banks that are not as internationally networked in money laundering prevention as the perpetrators will remain easy to outsmart
hawk:AI, AML, CFT, FIU, financial crime, money laundering, Tobias Schweiger, AI, machine learning, digitalisation, fraud prevention, Wirecard scandal, FATF, BaFin, Germany, Wirecard Bank
Singapore-based trade facilitation platform provider vCargo Cloud has announced that it launched CamelONE Trade Finance on the Networked Trade Platform.
vCargo Cloud, CamelONE Trade Finance, United Overseas Bank, ANZ, BNP Paribas, DBS Bank, HSBC, Industrial and Commercial Bank of China, MUFG Bank, Oversea-Chinese Banking Corporation, Standard Chartered Bank, Monetary Authority of Singapore, Singapore, Asia, APAC
Singapore Customs, the Monetary Authority of Singapore, in partnership with other financial institutions, have created a new e-service for trade finance.
Singapore Customs, The Monetary Authority of Singapore, Singapore, trade finance e-service, national trade finance, financial institution, trade finance, BNP Paribas, DBS Bank, ICBC, MUFG Bank, OCBC Bank, UOB
Amit Vyas and Michael Sugirin, Standard Chartered: Cash and trade may not yet function as one, but there are clear signs that they are moving in this direction
Standard Chartered, Amit Vyas, Michael Sugirin, trade finance, B2B ecommerce, Faster Payments, SMEs, cross-border payments
Over 80 members of the World Trade Organisation have initiated discussions aimed at mapping out a rule-based electronic commerce initiative.
WTO, World Trade Organisation, cross-border ecommerce
Singapore’s Minister for Communications and Information has launched the TradeTrust initiative, to facilitate the exchange of digital trade documentation.
TradeTrust, Singapore, digital trade documentation, trade finance, digital trade, PEPPOL, e-invoicing, Pan-European Public Procurement On-Line
Deskera, a Singapore-based business management platform has launched a business to business (B2B) commerce platform.
Deskera, product launch, Singapore, B2B platform, funding round, business to business commerce platform
The Singaporean government has launched a trade platform to help digitise trade processing for traders, logistics companies, carriers, and financiers.
blockchain, trade, Singapore, digitalise platform, partnership
A consortium comprising AB InBev, Accenture, APL, Kuehne + Nagel and a European customs organization has successfully tested a blockchain solution.
Accenture, blockchain, supply chain finance, trial, automation
HSBC is set to test blockchain technology in live transactions, with the bank set to announce a series of pilots in the coming weeks.
HSBC, blockchain, R3, trade finance, banks, corporates
Southeast Asian governments are seeking to help traditional vendors in their fierce competition with online retailers such as Lazada and Amazon.com.
Southeast Asia, ecommerce, Malaysia, Singapore, Indonesia, Lazada, Amazon, Alibaba, Thailand
A joint venture between Maersk and IBM is to release a blockchain-powered digital platform for use by the entire global shipping ecosystem.
Maersk, IBM, supply chain finance, blockchain platform, automation, smart contracts, joint venture
Indian e-tailers like Flipkart have strongly opposed the government`s proposal to liberalise the ecommerce market by allowing foreign players to sell directly to consumers in the B2C model and, hence, not be restricted anymore to the B2B model.
India, e-tailer, Flipkart, government, regulation, FDI, relaxation, ecommerce, foreign players, tax, online sales, e-purchase
E-invoicing is either already mandated or is about to be mandated in 56 countries
Anthony Coundouris, ApexPeak, Singapore, e-invoicing in Asia Pacific, e-invoicing, mandated e-invoicing, trade finance, B2G invoicing, e-procurement