Mobile Payments
How Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal
The past couple of decades have seen a complete upheaval in where we buy things and how we pay for them. New technologies have led to huge shifts in consumer behavior and expectation, while businesses have benefitted from faster and
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Revolut Bolsters Leadership Team in Singapore with New CEO and Two Senior Appointments
Revolut, has bolstered its leadership team in Singapore with the appointment of a Chief Executive Officer, Chief Compliance Officer and Head of Growth. This comes after it announced Martin Gilbert’s appointment as Chairman of its Board, who sat on the
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Rapyd: E-Wallet Popularity on The Rise in Asia Pacific
In Asia Pacific (APAC), adoption of fintech applications including digital wallets is booming, according to a new study by Rapyd, a global Fintech as a Service company. Rapyd, which surveyed 3,500 online consumers in APAC in March and April 2020,
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Mastercard: COVID-19 Accelerating Adoption of Contactless Payments in Asia Pacific
During February and March, as many countries imposed or strengthened social distancing measures due to COVID-19, a significant majority of consumers turned to contactless card payments for necessary purchases. Citing safety and cleanliness, 79 percent of people worldwide and 91
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Rapyd Disburse’s New Global Payout Features to Support Gig Economy and Marketplace Growth
Rapyd, a global Fintech as a Service company, announced today a major expansion of Rapyd Disburse, an industry-leading mass-payout platform. The company has made significant investments in the Rapyd Global Payments Network in Europe and the Americas, and now offers more
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Rapyd Announces Solidarity Programme for Singapore Businesses to Adopt Digital Payments
Rapyd, a global Fintech as a Service company, today announced a new Solidarity Programme to help Singapore businesses quickly accept payments online with no fees until the end of June, enabling them to serve customers staying at home while reducing
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OCBC Bank Is First To Enable P2P Transfers on Google Pay In Singapore
OCBC Bank has become the first financial institution to bring Google Pay’s peer-to-peer (P2P) funds transfer service to Singapore. Singapore thereby is the third country aside from the United States and India where this service is available. With the integration
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Payments Firm 2C2P Launches a Venture Capital Arm
2C2P announced today that it has established an investment arm, 2C2P.VC, the formation of the investment arm is to make strategic investments in payments and related sectors, to further accelerate the growth of its omni-channel payments platform in Southeast Asia
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Singtel’s NCS Partners NETS to Develop New e-Payment Platform for Central Banks in Asia Pacific
NCS today signed a memorandum of understanding (MOU) with the Network for Electronic Transfers (NETS) Group to develop a new real-time Electronic Payment and Securities Settlement Platform for central banks. The collaboration brings together NCS’ capabilities in building highly secure,
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Open Banking Platform Railsbank Sees Strategic Investments from Visa
After raising US$ 10 million and expanding to Singapore, the open banking platform Railsbank announced today that it has received yet another round of investments from Visa and Global Brain, a Tokyo-based VC firm. The sum of the investment was
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