Mobile Payments
London-Based CurrencyCloud Eyeing Singapore Office After Raising US$ 80 Million
London-based B2B cross-border payments platform Currencycloud announced that it has secured an additional US$ 80 million in funding. As part of its Series E funding round, Currencycloud received new backing from leading global institutions such as Visa, International Finance Corporation
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Vietnam’s Mobile Payments Landscape Sees Strong Developments
Vietnam’s mobile payments landscape has continued to evolve on the back of strong growth and expansion coming from industry players, investment deals, and efforts by the government to establish a favorable environment for the industry to thrive. Vietnamese retailer Saigon
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TransferWise Customers in SG Can Now Receive Money Using Just Their Mobile Number
TransferWise announced today that they have become the first international money transfer service to allow Singapore customers to receive money using just a mobile number. For Singaporeans with a PayNow profile, receiving international transfers can be done by providing just their
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Grab’s New GrabPay Card is Completely Numberless
Grab announced today the launch of their GrabPay Card which is available in Singapore starting today. The physical card is completely numberless front and back, the thinking behind this design according to Grab is to avert the prospect of theft
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Asia Pacific Leads in Adoption of Mobile Financial Services
It’s undeniable that the introduction of mobile technologies has brought about radical innovation across industries, among those that are most impacted, is the personal finance space. Though the growth of finance apps has become a global phenomenon, it is Asia-Pacific
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NETS ATM Card Payments Now Available in 7,400 Spots in Malaysia
Network for Electronic Transfers (NETS) and its Malaysia equivalent, PayNet, announced today the launch of a real-time cross border payments usage of NETS ATM cards in Malaysia and vice versa. In April 2019, the joint statement by Tun Dr Mahathir
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PayPal and Mastercard Extend Instant Transfer to Singapore & Europe
Following the launch of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries. Mastercard Send™ is an application that leverages the card network infrastructure
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Payments Giant GPS Launches APAC Hub in Singapore
Today, leading payments issuer processor, Global Processing Services (GPS), announces the launch of its APAC hub in Singapore. Announced at the Singapore Fintech Festival, GPS has chosen Singapore as its new regional headquarters to best support its existing clients and
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PayNow QR is The Latest to Adopt SGQR, Singapore’s Unified Payment QR Code
The Association of Banks in Singapore (ABS) announced yesterday that PayNow QR will adopt the Singapore Quick Response Code (SGQR) specifications, enabling businesses to collect payments via PayNow through the national unified payment QR code, SGQR. The adoption of the
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Google Ties Up with DBS and OCBC to Enhance Google Pay in Singapore
Announced yesterday at the Singapore Fintech Festival, Google Pay has tied up with DBS and OCBC to enhance Google Pay services in early 2020. Google Pay is currently undergoing the beta-testing phase and select OCBC Bank customers will be able
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