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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
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
Fintech specialist Tranglo has expanded its cross-border payment network, allowing instant and direct transfers to over 30 e-wallets.
cross-border payments, e-wallet, remittances, financial inclusion
UnaCash, a service provided by UnaFinancial in the Philippines, has introduced Instalment Loans.
instalment payments, fintech, credit access, digital banking
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
International remittance company Viamericas Corporation has launched international bill pay in Guatemala to streamline cross-border bill payments.
remittance, product launch, expansion, cross-border payments
Digital payment service and technology provider AsiaPay has partnered with Philippines-based boutique airline Airswift.
travel payments, partnership, digital payments, fintech
Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.
SMEs, mobile payments, money transfer, ATM, digital wallet
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
Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.
product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership
HSBC has launched its Venture Debt offering in Singapore and a USD 1 billion investment in the ASEAN Growth Fund to scale up digital platform businesses in the region.
product launch, investment, funding, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Payment startup Stables has announced the launch of international remittances for customers and clients between the regions of Australia and the Philippines.
product launch, expansion, payments , cross-border payments, cross-border ecommerce, online payments, digital payments, mobile payments, ecommerce
Philippines has planned to block the Binance exchange by June 2024, giving time for investors to close their positions held via the exchange.
cryptocurrency exchange, regulation, AML, compliance, trading platform
Building onto our previous reporting related to the partnerships that took place in Q4 2023 within the banking and fintech space, this analysis focuses on the payments and commerce industry.
partnership, payments , ecommerce, regulation, financial institutions, fintech, startup, merchant, payment processor, mobile 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
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
Singapore-based cross-border payments company Thunes has announced the expansion of its strategic partnership with Visa, intending to allow new endpoints in Asia and Africa.
cross-border payments, digital wallet, financial services, partnership, expansion, SMEs, payment methods
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
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