Mobile Payments

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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Betting on Contactless: Mastercard Pushes Chips to Center of Table

Mastercard recently announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years. The changes underway ensure that consumers, merchants, and governments around the world will be able to take advantage of next-generation

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HSBC Partners 7-Eleven to Expand Cash Access Network to 800 Touchpoints

HSBC Singapore announced its partnership with 7-Eleven, the largest convenience store chain in Singapore, to offer HSBC customers access to more than 300 of its stores for QuickCash withdrawals. HSBC’s partnership with 7-Eleven will expand its total cash access network

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Foreign Tech Giants Eye Vietnamese Market With Fintech Solutions

With 30 million smartphone users and a 52% Internet penetration rate, the Vietnamese market is believed by many to be fertile ground for fintech solutions and digital finance. Foreign multinationals and firms are entering the country in hopes to attract

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Ascend Money Announces 50,000 Agent Networks Across Southeast Asia

Ascend Money, a Southeast Asian fintech business under Thailand’s Ascend Group, has reached 50,000 agents—local franchises and networks such as convenience stores, pharmacies, street vendors, and cafes, that conduct financial services for customers—across Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the

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