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The government of South Korea has decided to update its Virtual Asset Users Protection Act to protect investors from market crimes.
cryptocurrency, regulation, financial crime, digital assets
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Network International has partnered with global payments facilitator Alipay+ to enable the acceptance of several global e-wallets in the UAE.
product launch, mobile payments, e-wallet, payment methods
Thailand-based retail platform Central Retail has recently partnered with Ant Group to offer Alipay+ at its stores.
mobile payments, digital wallet, digital payments, partnership, digitalisation, shopping, travel payments, contactless payments, payments , payment methods
Asset World Corporation (AWC) has signed a memorandum of understanding (MoU) with Ant Group to launch multiple cross-border payments and digital financial solutions.
retail, cross-border payments, digital payments, SMEs, digitalisation
Luxury travel retailer DFS Group and Ant Group have entered a strategic partnership to improve payments and marketing digitalisation across the DFS retail and online stores network.
partnership, payments , ecommerce, fintech, paytech, marketplace, online shopping, retail, travel payments, FX , digital wallet
The financial regulator of South Korea, Financial Supervisory Service (FSS) has announced it is reviewing the Apple Pay service launch clause submitted by Hyundai Card.
product launch, digital wallet, digital payments, mobile payments, NFC, online payments, e-wallet
Singapore-based online travel agency for hotels, vacation rentals, flights, and others, Agoda, has announced it extended its partnership with Alipay+ to offer additional rewards to travellers through digital payment methods.
partnership, loyalty programme, cross-border payments, cross-border ecommerce, e-wallet, digital wallet, digital payments, online payments
funding, ecommerce, expansion
DOCOMO Digital, direct carrier billing, merchants, growth markets, mobile payments, Jonathan Kriegel
Keith Douglas, MasterCard, digital payments, e-invoicing, recurring payments, merchants, online payments
MoneyGram, partnership, Korea, fintech, E9Pay, cross-border, P2P, payments , money transfer, network, Southeast Asia, Russia, Commonwealth of Independent States, CIS, Woori Bank, Shinhan Bank, Korea Post, Kyongnam Bank, Sentbe, Overseas Remittance Business No. 1 License, Ministry of Economy and Finance, MOEF, Nepal, Cambodia, Sri Lanka, Vietnam, Philippines, Indonesia, China
Oliver Dlugosch, ndgit: The ultimate goal for Open Banking is the formation of‘ecosystems’ that offer heavily-tailored and richly customised services, seamlessly delivered from multiple players and sources
Oliver Dlugosch, NDGIT, Open Banking, API, innovation, fintech, PSD2, banking, digital banking
The South Korean government is considering revising the regulatory framework on cryptocurrencies, according to local media outlet ZDNet Korea.
ICO, South Korea, cryptocurrency, Bitcoin, regulations, regulatory framework
Zwipe has chosen Fingerprint Cards’ T-Shape sensor for its generation biometric card based on the sensor’s performance and scalability in mass volume production.
Zwipe, Fingerprint Cards, partnership, biometric cards, integration, card solutions
Ana Paula González, Innovation and Partnerships Director at 500 Startups, discusses how the accelerator can propel startups to success
500 Startups, Ana Paula González, interview, fintech, innovation, startups, partnerships, seed accelerator
Tradewind Bangladesh has provided a USD 5 million post shipment finance facility to a garment manufacturer based in South Korea.
Tradewind, cradit facility, South Korea, supply chain finance, trade finance, Asia, APAC, post shipment finance facility
ThreatMetrix has announced new data revealing the morphing nature of global cybercrime, triggered by the expanding worldwide circulation of breached identity information.
ThreatMetrix, research, cybercrime, web fraud, online security
Srinivas Nidugondi, Mahindra Comviva: The huge interest in digital payments, combined with government initiatives, will catalyse customer-centric innovations in digital payments
Srinivas Nidugondi, Mahindra Comviva, demonetisation, India, online payments, industry, digital, government
Vietnamese mobile content provider VMG Media, a company listed on the country’s UPCoM bourse, has sold its entire stake of 62.25% in VNPT EPay to UTC Investment, a venture capital arm wholly owned by Korea’s Daesang Group chairman.
Korea, UTC Investment, acquisition, Vietnam, payment firm, VNPT EPay, processing, transaction, Transfer