Mobile Payments

How Real-Time Payments Can Support Financial Inclusion

In developing countries, digital banking platforms and real-time payments have been driving financial inclusion, providing the underbanked and financially excluded with affordable and convenient financial services, according to a new report by Vocalink, a Mastercard payments company. The report, titled

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27 Non-Bank Organizations Licensed To Provide Payment Services In Vietnam: The Complete List

In December 2014, the State Bank of Vietnam (SBV) issued the Circular No. 39/2014/TT-NHNN which sets a series of rules banks and non-bank organizations in Vietnam must follow in order to be permitted to offer intermediary payment services such as

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Leading ATM Maker Bets On Mobile and Cardless Trend

US-based automatic teller machine (ATM) manufacturer Diebold Nixdorf, Inc. is gradually evolving into a maker of omnichannel-connected banking and has created a new service leveraging the Internet-of-Thing (IoT). The new offering promises to help financial institutions and retailers keep up

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CardUp Secures Funding

CardUp, a Singapore based card payments platform for cash management, announces that it has secured S$2.2 million (US$1.7m) in funding led by Sequoia India and SeedPlus in order to grow its payments and cash flow management offering to the SME

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First-of-its-kind pay-later Card for 50,000 Millennials in India

MatchMove, a Singapore based virtual card provider, together with SlicePay, India’s pioneering credit provider for young adults and college students, announced the launch of a first-of-its-kind pay-later card powered by MatchMove. With MatchMove’s unique platform, SlicePay is able to empower

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Adyen Announces Launch Of Unified Commerce Solution In Singapore

Adyen announced the launch of their unified commerce solution in Singapore. An expansion of its current payment processing offerings, the unified commerce solution will manage all customer communications, allowing retailers to create one consistent experience across channels and devices –

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Alipay rolls out in Cambodia, Myanmar, Laos and the Philippines

Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of countries

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Wave Money targeted by Yoma, 19.4 Mio USD for 34% stake

Yoma Strategic Holdings Ltd. plans to acquire a 34% stake in Digital Money Myanmar Co., Ltd. (“Wave Money”) from First Myanmar Investment Company Limited for US$19.4 million, which is subject to completion and will be funded within existing capital plans

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‘Sachet culture’, mobile phones, favor PH fintech growth

The widespread use of mobile phones and the “tingi” or sachet culture in the Philippine retail market provides a fertile environment for financial technology companies, according to Anthony Thomas, president of Mynt, a unit of Globe Telecom. “Filipinos like transacting

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Introducing Bigpay – Asia’s Fintech Challenger Non Bank

BigPay recently soft-launched its new app in Malaysia with a mission to provide low-cost, fair and transparent financial services for everyone. The BigPay app is an everyday digital alternative to bank accounts with an accompanying card that gives users the

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