Mobile Payments
DBS Eyeing More Features to Double Their User Base to 3.5 Million in 2023
DBS announced that it aims to double its existing user base of 1.6 million to 3.5 million by 2023 for its mobile wallet DBS PayLah!. To achieve this, the bank will over the course of 2020 integrate its DBS Lifestyle
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Liquid Group Eyeing to Support Cross-Border QR Payments in 10 Asian Markets
Liquid Group, Singaporean based payments company, announced today that it has expanded its cross-border QR payment acceptance partnerships to include acquirers across 10 markets in Asia including Singapore, Malaysia, Indonesia, Thailand, Cambodia, Philippines, Hong Kong, China, Taiwan and South Korea.
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Mastercard and R3 Partner to Develop Blockchain-Powered Cross-Border Payments Solution
Mastercard and R3, an enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a
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Grab Reportedly Eyeing to Merge OVO and Dana in a Bid to Compete with Gojek
Ride-hailing giant and super-app aspirant Grab is rumoured to be in talks to merge Indonesian digital payments firm OVO with DANA in which Grab is eyeing to acquire a majority interest in. Currently, Grab already own shares in OVO and
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Razer Fintech Appoints Ex-GIC President to its Board of Advisors
Razer Fintech, the financial technology arm of Razer Inc has appointed Lim Siong Guan as an Advisory Board member. Recognised globally as a thought leader in the global financial services industry, Lim’s vast experience and extensive network will add tremendous
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Philippines To Launch Standardised QR Code For Payments Soon
The Philippines is anticipated to launch a standardised QR code for payments by September, according to a report by Philstar. The plan to standardise QR payments in Philippines was first announced by the late BSP Governor Nestor A. Espenilla, Jr
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Philippines’ Fintech Industry Calls for ASEAN Wide Standardised QR
The ASEAN must standardize quick-response (QR) codes for digital payments platforms to facilitate and simplify regional trade. Lito Villanueva, Chief Innovation and Inclusion Officer at Rizal Commercial Banking Corp. (RCBC) and chairman of FinTech Alliance.ph, said that the immediate standardization
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New Wallet in Vietnam: SmartPay Acquires More Than 200,000 Users Since Its Launch
Launched by Smartnet in May 2019, SmartPay acquired over 200,000 users and 3,000 merchants across Vietnam. Different types of merchants have been joining SmartPay to accept mobile payments – from individual entrepreneurs and street food vendors to food and beverage
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Flywire and VPBank Partner on International Tuition Payments for Vietnamese Students
Flywire and VPBank announced a new partnership that will simplify international tuition payments for Vietnamese students. Working together the companies are addressing the unique requirements and nuances of the Vietnamese market and ensuring compliance with local regulations while offering students and
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From Libra to WhatsApp Pay — A Glance at Facebook’s Fintech Play
For years, social networking giant Facebook has shown interest in the fintech market, partnering with PayPal to build digital payment capabilities into its Messenger app, testing and introducing payment services on its various messaging platforms, and exploring blockchain and cryptocurrency
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