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Touch 'n Go eWallet to charge 1 percent fee for overseas payments

News | Payments General | 10 Apr 2024

Touch ‘n Go eWallet has announced its decision to implement a 1 percent conversion fee for overseas QR payments, starting on the 25th of April 2024. 

payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce

Ant Group's partnerships to expand consumer-friendly zones in China

News | Mobile Payments | 09 Apr 2024

Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.

mobile payments, digital wallet, cross-border payments, partnership, digital payments

ZA Bank supports stablecoin issuers for web3 adoption

News | Cryptocurrencies | 08 Apr 2024

Hong Kong-based ZA Bank has announced plans to offer banking services for stablecoin issuers to cater to the increase in local web3 adoption.

stablecoin, web3, banking, digital assets, regulation

GSR Markets receives Singapore license for crypto trading

News | Cryptocurrencies | 08 Apr 2024

The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution license to crypto market maker GSR Markets.

cryptocurrency, regulation, MPI licence, trading platform, Bitcoin

Adyen and PayMe expand global businesses' reach in Hong Kong

News | Mobile Payments | 03 Apr 2024

Netherlands-based fintech Adyen has become an acquirer for the mobile payment service provider PayMe by HSBC in Hong Kong.

mobile payments, ecommerce, Acquirer, merchants, local payment method

AsiaPay teams up with Airswift

News | Online Payments | 02 Apr 2024

Digital payment service and technology provider AsiaPay has partnered with Philippines-based boutique airline Airswift.

travel payments, partnership, digital payments, fintech

HKVAEX withdraws licence application in Hong Kong

News | Cryptocurrencies | 01 Apr 2024

Hong Kong-based crypto exchange HKVAEX has decided to withdraw its licence with the Securities and Futures Commission.

regulation, compliance, cryptocurrency, cryptocurrency exchange

Sumsub, Mercuryo release Travel Rule guide for VASPs

News | Cryptocurrencies | 01 Apr 2024

Verification provider Sumsub has partnered with payments infrastructure platform Mercuryo to publish a guide about Travel Rule for Virtual Asset Service Providers (VASPs).

cryptocurrency, digital assets, compliance, regulation, partnership

GLN International signs a MOU with Fonepay

News | Mobile Payments | 25 Mar 2024

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

Report: Consumers seek flexible, transparent cross-border payments

News | Ecommerce | 25 Mar 2024

Airwallex and Edgar, Dunn & Company have release a report which shows that consumers want flexibility and transparency in digital cross-border payments.

report, ecommerce, payment methods, merchants, online payments

Navigating stablecoin evolution: outlook and opportunities for 2024

Voice of the Industry | Cryptocurrencies | 22 Mar 2024

Evgeny Filichkin, Investment Advisor at neobank Keytom, shares major stablecoin trends to watch out for in 2024.

stablecoin, DeFi, digital currency, ecommerce, CBDC

Ibanly taps Sumsub's verification platform

News | Digital Identity, Security & Online Fraud | 15 Mar 2024

Canada-based fintech specialising in cross-border payments Ibanly has chosen Sumsub for identity verification, AML screening, KYC, and KYB checks.

cross-border payments, identity verification, AML, KYC, KYB

Banco do Brasil partners with Giesecke+Devrient

News | Payments General | 12 Mar 2024

Banco do Brasil has partnered with Germany-based Giesecke+Devrient in a bid to make offline payments with digital money a reality in Brazil.

partnership, payments , online security, financial inclusion

Ant Group increases transaction limits

News | Mobile Payments | 11 Mar 2024

Ant Group, the fintech affiliate of Alibaba Group Holding, has increased the mobile payment transaction limits for overseas visitors to Alipay and international e-wallets in China. 

travel payments, e-wallet, digital wallet, cross-border payments, credit card, debit card

Mox partners with Wise

News | Payments General | 07 Mar 2024

Hong Kong-based Mox has announced its partnership with Wise to launch low-cost, secure, and transparent international payments directly from the Mox application. 

partnership, payments , cross-border payments, cross-border ecommerce, cross-border logistics, mobile payments, digital payments, ecommerce

HKMA reveals a wholesale central bank digital currency project

News | Cryptocurrencies | 07 Mar 2024

The Hong Kong Monetary Authority (HKMA) has revealed a new wholesale central bank digital currency (wCBDC) project.

tokenization, CBDC, digital assets, cryptocurrency

Mastercard partners with Loop

News | Payments General | 01 Mar 2024

Mastercard has partnered with Loop, aiming to empower businesses and consumers in Saudi Arabia with access to advanced credit card offerings and innovative payment solutions. 

partnership, credit access, payments , financial services, credit card

Mastercard partners with Octopus to improve travel payments in Hong Kong

News | Payments General | 29 Feb 2024

Hong Kong-based Octopus has partnered with Mastercard to improve the payments experience for Hong Kong travellers.

travel payments, partnership, digital payments, contactless payments

FIS acquires Torstone Technology

News | Payments General | 29 Feb 2024

FIS has announced the acquisition of the SaaS post-trade platform Torstone Technology in order to improve capital markets tech capabilities and offerings. 

acquisition, SaaS, financial services, financial institutions, mobile payments, online payments, digital payments

STICPAY launches new Asia-based payment partnerships

News | Payments General | 28 Feb 2024

STICPAY has announced new partnerships with multiple Asian local payment providers in order to make market communities more accessible and cost-effective. 

partnership, expansion, product launch, payments , online payments, mobile payments, digital payments, ecommerce