Articles with tag: asia

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Groceries and electronics to drive online retail rebound for APAC

23 Sep 2020 | Ecommerce

A new forecast by Forrester has predicted that online retail sales will grow from USD 1.5 trillion in 2019 to USD 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3%.

Forrester, forecast, APAC, Asia, social commerce, research, online retail, retailers

Singapore-based Syfe secures USD 18.6 mln Series A funding

23 Sep 2020 | Payments General

Digital wealth manager Syfe has successfully closed a USD 18.6 million Series A funding round led by Valar Ventures, a VC fund for high potential fintech companies.

Syfe, Singapore, Series A, funding, digital wealth manager, Valar Ventures, VC, fintech, capital injection, investing, saving, Asia, technology platform, Presight Capital, Unbound, UK, investment firm, digital wealth management, platform, Monetary Authority of Singapore, MAS, Capital Markets Services License, CMS license, license, retail fund management, institutional fund management

Accelerating Asia, Amazon Web Services roll out Amplify

22 Sep 2020 | E-invoicing, SCF & E-procurement

Singapore-based accelerator and venture fund Accelerating Asia has launched a virtual accelerator program, Amplify, in collaboration with Amazon Web Services (AWS).

Accelerating Asia, Amazon Web Services, Amplify, Singapore, Accelerating Asia, AWS, startups, Asia, promotional credits, AWS Activate, investors

Google Pay introduces tap-to-pay option for SBI Card users in India

21 Sep 2020 | Mobile Payments

India-based credit card issuer SBI Card has announced a collaboration with Google to enable customers to use their cards on Google Pay platform.

NFC, India, tap-to-pay, SBI Card, Google Pay, mobile payments, Asia, APAC, NFC payments, contactless payments, credit cards, card, secure transaction, tap-and-ăay

Anatomy of a super app in APAC – factors shaping its evolution

21 Sep 2020 | Online Payments

Joshua Chong, Analyst at Kapronasia, elaborates on the key factors that drive the popularity of super apps in APAC and shape their evolution

Kapronasia, Joshua Chong, Alipay, WeChat, Grab, Gojek, super app, Asia, APAC, mergers and partnerships, digital payments

Delivery Hero launches online food delivery and quick commerce in Japan

18 Sep 2020 | Ecommerce

Delivery Hero has announced it is launching operations in Japan, under its brand foodpanda, aiming to expand its footprint across Asia.

Delivery Hero, Japan, foodpanda, Asia, online delivery, quick commerce

Titan launches new watches with NFC payments in India

18 Sep 2020 | Mobile Payments

India-based manufacturer Titan has launched a new series of watches that will have Titan Pay for contactless payments. 

Titan, Titan Pay, State Bank of India, India, ecommerce, online payments, NFC payments, Asia, APAC, POS machines, Near-Field Communication

Deutsche Bank provides USD 43 mln trade finance facility for rural Myanmar

15 Sep 2020 | E-invoicing, SCF & E-procurement

Deutsche Bank has announced that it has provided a USD 43 million account receivable purchase facility to China National Technical Import & Export Corporation.

China Export & Credit Insurance Corporation, Deutsche Bank, trade finance, trade finance facility, banking, trade financing, Myanmar, Asia, APAC

Indian ecommerce deals site CashKaro gets USD 10 million Series B

15 Sep 2020 | Ecommerce

India-based cashback site CashKaro has announced expanding its range of services for ecommerce after raising USD 10 million in Series B funding.

CashKaro, cashback, funding round, ecommerce, India, Asia, APAC, EarnKaro, Korea Investment Partners, Kalaari Capital,

Sri Lanka mobile network Dialog adopts QR code payments

14 Sep 2020 | Mobile Payments

Sri-Lanka-based mobile operator Dialog Axiata has adopted Sri Lanka’s national quick response code (QR) which will enable payments at over 50,000 merchants around the country.

LankaQR, Dialog Axiata, QR payments, mobile payments, contactless payments, Dialog, eZ Cash, Sri Lanka, Asia, APAC

NTT Docomo to compensate victims of e-payment fraud

14 Sep 2020 | Digital Identity, Security & Online Fraud

Japan-based mobile phone operator NTT Docomo has announced it will compensate customers who had money stolen through its electronic payment system linked directly to their bank accounts.

NTT, NTT Docomo, fraud, online fraud, Japan, Asia, APAC, payments fraud compensation, bank account fraud, mobile phone operator,

Mastercard, ADB partner to digitalise Asia's supply chains

11 Sep 2020 | E-invoicing, SCF & E-procurement

Mastercard and its partners (N-Frnds, SGeBIZ, and Finastra) have announced a collaboration with Asian Development Bank (ADB) to help digitalise supply chains for retailers.

Mastercard, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, digitalisation, supply chain, financing, cash flow, SMEs, trade finance

Mastercard forms Supply Chain Digitisation alliance with partners

09 Sep 2020 | E-invoicing, SCF & E-procurement

Mastercard, N-Frnds, SGeBIZ, and Finastra have partnered with the Asian Development Bank (ADB) to provide funds for small and medium enterprises (SMEs) in Asia.

Mastercard, supply chain, digitisation, alliance, N-Frnds, SGeBIZ, Finastra, Asian Development Bank, ADB, SMEs, Asia, covid-19, pandemic, MSBs, banks, trade networks, supplier, demander, funds, International Chamber of Commerce, fintech

ACI Worldwide to update payment switching system for State Bank of India

08 Sep 2020 | Online Payments

Real-time digital payments solution provider ACI Worldwide has modernised payments infrastructure for ATM and POS at State Bank of India.

State Bank of India, ACI Worldwide, retail payments, Visa, Mastercard, RuPay, cards, secure payments, ATM, POS, contactless payments, mobile payments, India, Asia, APAC,

Frasers Property Retail pushes out new ecommerce platform in Singapore

04 Sep 2020 | Ecommerce

Singapore-based real estate property management company Frasers Property Retail has announced the launch of an ecommerce marketplace named Frasers eStore. 

Frasers Property Retail, real estate management, ecommerce, estore, Singapore, Southeast Asia, online shopping, real estate

Chinese video sharing platform Kuaishou continues investing in livestreaming ecommerce

02 Sep 2020 | Ecommerce

China-based video-sharing platform Kuaishou has announced it will launch an “incubation plan” to boost its ecommerce business.

Kuaishou, video sharing platform, partnership, China, ecommerce, social commerce, Asia, APAC, Sichuan province

UnionPay launches digital card across Mainland China

01 Sep 2020 | Cards

China-based financial services company UnionPay has launched its digital bankcard, teaming with commercial banks, mobile phone manufacturers, key merchants, and payment institutions. 

UnionPay, cards, digital bank card, financial services, digital card, QuickPass payments, mobile payments, QR code payments, bank transfer, China, Asia, APAC

Asian stocks increased by new US-China trade progress

01 Sep 2020 | E-invoicing, SCF & E-procurement

Asian stock markets have observed an increase following the US-China progress in trade talks, and as hopes of new coronavirus treatments boosted broader sentiment among global investors.

Asia, stocks, US China trade, US, China, trade, coronavirus, treatment, global investor, MSCI, APAC, Japan, Nikkei, Australia, S&P, ASX, Futures, Europe, Euro STOXX, FTSE, Phase 1 trade deal

South Korean fintech Rowem launches multi-channel biometric authentication platform

31 Aug 2020 | Digital Identity, Security & Online Fraud

South Korea-based fintech Rowem has announced the launch of integrated authentication platform PASSiKEY.

Rowem, PASSiKEY, integrated authentication platform, online authentication, digital ID, biometric authentication, fraud prevention, South Korea, Asia, APAC, multi-channel biometric authentication platform

Samsung Pay Card launched in South Korea

31 Aug 2020 | Cards

Samsung Electronics has launched the Samsung Pay Card in South Korea in collaboration with Samsung Card and MasterCard. 

Samsung Pay, Samsung, Samsung Pay Card, cards, South Korea, e-wallet, online payments, payments, Asia, APAC