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Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution (MPI) license.
startup, fintech, regulatory sandbox, digital payments, cross-border payments
Funding Societies, a SME digital finance platform in Southeast Asia, has declared a strategic collaboration with Singapore E-Business (SGeBIZ), a provider of digital procurement, payment, and sourcing solutions.
funding, partnership, SMEs, digital banking, BNPL
Philippines-based Netbank (A Rural Bank) has chosen merchant acquirer V5PAY to equip businesses in underserved areas with access to international payment capabilities.
merchants, cross-border payments, payment methods, payments infrastructure
We sat down with Tracy Kobeda Brown, VP of Programs and Technology with the MRC, to learn more about the insights and implications of the 2024 survey – and how payments and fraud leaders can be prepared to meet the challenges and opportunities that lie ahead.
ecommerce, ecommerce platform, online payments, payments , BNPL, local payment method, fraud detection, online fraud, fraud prevention, identity fraud, payment fraud, account takeover, phishing, bot attacks, artificial intelligence, generative AI, machine learning, refund, refund fraud
Empower Finance, a player in alternative credit underwriting has announced the definitive agreement to acquire Petal and the completion of its acquisition of Cashalo.
acquisition, partnership, financial inclusion, fintech
UK-based payment services provider TerraPay has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).
money transfer, remittance, MPI licence, cross-border payments, regulation
UnaCash, a service provided by UnaFinancial in the Philippines, has introduced Instalment Loans.
instalment payments, fintech, credit access, digital banking
SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.
financial inclusion, wealth management, digital banking, partnership
IFC has announced its partnership with DBS in order to launch a USD 500 million facility and promote trade flows in global emerging markets.
partnership, product launch, crypto, trade finance, financial services, financial institutions
Mastercard Incorporated has decided to expand its Click to Pay solution in Australia to help combat online payment fraud in the country.
product upgrade, expansion, fraud prevention, online payments
US-based payment technology corporation Mastercard has announced its collaboration with Singapore Airlines (SIA), aiming to improve the travel experience across Southeast Asia.
partnership, online platform, online payments, digital payments, travel payments
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
Digital fraud and money laundering detection provider BioCatch has partnered with Google Cloud to extend fraud-prevention solutions to new markets.
partnership, fraud prevention, cloud services, expansion
Singapore-based smart contracts platform Avalanche has enabled Alipay+ D-store and its partnered e-wallets to introduce a Web3-enabled voucher programme.
web3, digital wallet, partnership, digital assets, blockchain
Chubb has announced its partnership with digital financial services platform Atome in order to drive customer protection across the region of Southeast Asia.
partnership, product launch, mobile banking, online banking, digital banking, banks, financial services, financial institutions, financial inclusion
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
France-based digital payments company Worldline has entered a strategic partnership with payment firm Opn to solidify its presence in the Asian ecommerce market.
partnership, online payments, ecommerce, cross-border ecommerce, cross-border payments
Juan Pablo Ortega, CEO and Co-Founder of Yuno, shares insights regarding growth markets and pointers about business expansion, talking about Yuno’s journey so far.
cross-border payments, ecommerce, growth markets, marketplace, digitalisation, BNPL, fintech, payment methods, merchants
International payments firm Inpay has announced its plans to facilitate the European expansion of the global payment service provider (PSP) Tranglo.
partnership, SEPA, instant payments, real-time payments, cross-border payments
Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.
cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin