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Payment network UnionPay International has partnered with Spring Airlines to allow the latter’s website to accept UnionPay cards for tourists and business travellers.
travel payments, credit card, payment methods, payments , digital payments
Using the metaphor surrounding the joys and frights of sailing unchartered waters, Jovi Overo, Managing Director of Banking-as-A-Service, Unlimit, shares tips for international businesses looking to expand their offerings.
cross-border payments, cross-border ecommerce, e-wallet, BaaS, fintech, digital payments
The National Bank of Cambodia has signed a MoU with Ant International to offer inbound and outbound cross-border mobile payments in the region.
partnership, cross-border payments, cross-border ecommerce, payments , online payments, digital payments, mobile payments, ecommerce
Foreign exchange brand Travelex has partnered with National Bank of Cambodia to trade Cambodia’s national currency, the Khmer Riel (KHR), at Singapore’s Changi Airport.
FX , partnership, central bank, blockchain, travel payments
MUFG and Binance Japan have began a joint study for the issuance of a new stablecoin pegged to fiat currencies, utilising the ‘Progmat Coin’ platform.
stablecoin, cryptocurrency exchange, cryptocurrency, Token, partnership, regulation, compliance, blockchain
Bank of Japan (BOJ) has announced that its CBDC pilot project was launched on schedule in April, after a second successful proof-of-concept.
product launch, CBDC, cryptocurrency, crypto, cryptocurrency exchange, banks, mobile banking, online banking, digital banking
Cross-border payments platform CurrencyFair has partnered with payments company Thunes to provide money transfer services in 25 new currencies, including the Mexican peso.
partnership, product launch, digital currency, money transfer, payments , cross-border payments, remittances, financial services, digital payments, expansion, online payments, platform, P2P, B2B payments, fintech
The Bank of Japan has revealed its plans to launch a pilot programme to test the use of the digital yen after two years of experiments in April 2023.
CBDC, central bank, cryptocurrency, digital assets
Cryptocurrency exchange Coinbase has decided to shut down its operations in Japan due to volatile market conditions and a low demand for digital assets.
cryptocurrency, digital assets, cryptocurrency exchange
The Central Bank of Japan has made changes to its monetary easing programme, move that saw the yen strengthen against the dollar and prompted falls on Tokyo bourses.
regulation, central bank, inflation, online payments
Bank of Indonesia has announced developments in its plans to launch a central bank digital currency, (CBDC), for digital economic and financial transactions.
CBDC, central bank, digital currency, cryptocurrency, digital assets
The Bank of Japan (BOJ) has partnered with three megabanks and regional banks to conduct a central bank digital currency (CBDC) issuance pilot starting in spring 2023.
CBDC, central bank, digital currency, digital payments, stablecoin
International consumer and SME payments are exploding, with huge opportunities on offer for banks that capture this growth. Susana Delgado, Head of Consumer & SME Payments Strategy at Swift, explains what banks need to do to take advantage.
SMEs, banks, cross-border payments
Singapore-based DBS has announced a successful test of foreign exchange and government securities trading using permissioned DeFi liquidity pools.
DeFi, banks, metaverse, smart contracts
Jean Sideris, Director at Edgar, Dunn & Company, analyses the characteristics that fuelled fintech development in the Middle East and looks at elements driving future growth.
fintech, mobile payments, digital payments, ecommerce, BNPL, digital wallet
Australia-based Monoova has merged with Moneytech to enable businesses to consolidate domestic and international payment processes.
merger, cross-border payments, API, payment gateway, payment processing
Japan has introduced a legal framework to clarify the legal status of stablecoins, defining them as digital money.
regulation, regulatory sandbox, cryptocurrency, stablecoin, digital currency
Jack Momose, the CEO of Degica, provides unique insights into Japan’s and South Korea’s ecommerce markets, as well as the best practices to successfully sell in these countries
ecommerce, online payments, payments , local payment method, payment methods, payment processing, cross-border payments, cross-border ecommerce
Australia-based fintech Zai has rolled out its CurrencyFair personal money transfer service in all 50 American states.
money transfer, cross-border payments, expansion, investment, online payments
Jorij Abraham, Managing Director at ScamAdviser, discusses concrete facts regarding the reasons that led to an increase in scam attacks and what is to be done to combat them
scam, online fraud, ransomware, banks, phishing