Mobile Payments

Ripple Selects Singapore as its Latest Partner for University Blockchain Initiative

Ripple announced the latest group of partners to join its University Blockchain Research Initiative (UBRI), an initiative to accelerate academic research, technical development and innovation in related fields—blockchain, cryptocurrency and digital payments. UBRI aims to foster an increase in blockchain-based academic

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DBS Pilots Loadable QR Red Packets

DBS is introducing a new way to celebrate Chinese New Year (CNY) this year with the pilot launch of a loadable QR red packet (DBS QR Ang Bao). The DBS QR Ang Bao offers a fun, digital twist on the

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With Go-Jek’s New Acquisition, Could Blockchain Be A Secret Weapon Against Grab?

Thanks to Go-Jek’s diversification strategy, it’s pretty easy to get a glimpse about the company’s future direction based on what companies they’ve acquired or shook hands with. This time around, it’s come out that the US$9 billion-worth company gained a majority stake

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Addressing Hawker’s Cashless Woes, NETS Launches Same-Day Payment Settlement

NETS today announced the launch of same-day settlement for hawkers every day – which they claim to be the fastest in the industry. Despite the Singapore’s fervent push for a cashless society, there are still resistance from some segments of

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What Does the New Payment Services Act Mean for Singapore?

 The Payment Services Bill which has recently been passed into law by the Parliament is part of the Monetary Authority of Singapore’s bid to create a regulatory framework that is more conducive for innovation in payment services. This follows their

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KinerjaPay Receives US$200 Mil Funding From Indonesian Investment Firm

KinerjaPay, a digital payment and e-commerce platform, announced that it has received US$200 from PT. Investa Wahana Group, Indonesia, divided into US$100 million in shares of the Company’s Series F and and another US$100 million in shares of the Company’s Series G

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Thailand Accelerates Mobile Payments Adoption

Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and accelerating adoption. Payments is the largest fintech segment

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Razer’s New South East Asia HQ and Fintech Gameplan

Razer, a lifestyle brand for gamers with a recent foray into fintech, announced its plan for a long-term lease of a new location for its Southeast Asia headquarters based in the technology and media hub of Singapore. The company anticipates

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GrabPay Eyes Vietnam and South East Asia Digital Payments Dominance as Competition Heats Up

Grab, Southeast Asia’s first decacorn valued at more than US$10 billion, began its humble beginnings as a ride-hailing app but has since evolved into one of the region’s “super app,” providing varied services ranging from food delivering, logistics services, and

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Meet 42 Mobile Payment Players Active in Singapore Right Now

As one of the most highly banked populations in Southeast Asia (Standing at 96.4% of banked adults at 2014), Singapore presents a unique ecosystem in the same region. This is part of why Singapore is popularly deemed as one of

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