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From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.
financial services, transactions , e-wallet, digital wallet
Authorities from Thailand have decided to accept applications for virtual banks in a bid to support people with limited access to financial services.
online banking, digital banking, financial inclusion, financial services
KakaoBank has announced that it will buy a 10% stake in Superbank, the Singapore Telecommunications and Grab-backed digital-focused bank in Indonesia.
mobile banking, online banking, digital banking, partnership, banking
Digital bank GX Bank Berhad (GXBank), led by superapp Grab has received approval from the Minister of Finance and Bank Negara Malaysia (BNM) to commence operations.
product launch, certification, digital banking, banking, fintech, financial services, financial inclusion, SMEs
Global investment firm KKR has announced it will participate as a lead investor in a USD 48 million Series C funding round in digital trust provider, Privy.
investment, funding, fraud management, fraud detection, fraud prevention, digital identity, online fraud
Germany-based digital payments processing company epay of financial technology and payments provider Euronet Worldwide has announced additional product launches for its recurring payments solution Renewal.
partnership, expansion, payment processing, fintech, mobile payments, ecommerce, omnichannel, omnichannel payments solution
Grab and Singtel have announced that GXS Bank, their digital bank joint venture, has been selected to receive a full digital banking licence in Malaysia.
partnership, funding, banking license, central bank, SMEs
Singtel, aiming to support sustainability and the digitalisation of the financial ecosystem, has announced a partnership with UOB and ADDX on a USD 100 million foreign currency digital bond in Singapore.
sustainability , partnership, digitalisation, financing
Singapore-based Grab-Singtel consortium, also known as GXS Bank has been said to serve both retail and corporate customers and even offer business loans.
GrabPay, Monetary Authority of Singapore (MAS), BNPL, digital banking, fintech, digital assets, digital payments, online banking
Western Union has partnered with Singtel’s Dash to enable international money transfers digitally for Dash’s customers in Singapore, as announced during SFF.
partnership, Western Union, cross-border payments, B2B payments, remittance
Gaming company Razer has announced it will be shutting down its e-wallet services Razer Pay and Razer Card in both Malaysia and Singapore, with effect from 1 October.
mobile payments, digital payments, prepaid card
GrabPay, Singtel Dash, Liquid Pay, PayNow, Singapore, Asia, bank accounts, e-wallet, money transfer, mobile payments
Monetary Authority of Singapore, MAS, Singapore, digital banking, licence, Singtel, Grab, banks, Ant Financial, Sea Limited
Network for Electronic Transfers (NETS) has selected Singtel’s ConnectPlus Managed Network and Amazon Web Services’ (AWS’) cloud computing platform to support the development and delivery of its digital cross-border payment services.
Network for Electronic Transfers, Nets, Singtel, cloud, payments , digital transactions, ConnectPlus Managed Network, cross-border payments, Singapore, Amazon Web Services, merchants, e-wallets
Singtel has rolled out the all-new Dash Rewards programme, enabling Dash users to earn points on all payments and overseas remittance to redeem rewards.
Singtel, Dash, rewards programme, remittance, retail, mobile services
Singtel, mobile wallet, Dash, launch, insurance savings plan, Dash EasyEarn, Etiqa Insurance, payments , mobile data top-ups, ecommerce, lifestyle, remittance services, clawback, mobile payments
Singtel, Singapore, telco, prepaid customers, mobile payments, NETS ATM, cards, NETS Click, DBS, OCBC, UOB, digital cards, hi!App, payment method, contactless payments, unbanked, retail, COVID-19, transaction fees
e-payment, e-payment platform, NCS, Nets, Singtel, Central banks, APAC, MOU, payment system, inter-bank fund transfer, monetary policies, payment ecosystem
Banks in Singapore have started to cancel credit cards rewards for users when they top up GrabPay, Grab’s mobile wallet.
GrabPay, banks, top-up, mobile wallet, rewards, rebates, cards, Singapore, merchants, MasterCard, Grab
As customer expectations have reached an all-time high, Michael Reitblat, CEO at Forter shares knowledge on how to bolster customer experience, while preventing fraud
ecommerce, fraud prevention, Forter, customer experience, abuse, Michael Reitblat, merchants, machine learning, data