Posts From Fintech News Singapore
Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users
T2P Co., Ltd., a payment solution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure for banks and financial services. According to Wise, this alliance marks T2P as the first fintech in Thailand to offer
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Airwallex Launches Payment Acceptance Services in the U.S.
Global payments firm Airwallex has introduced its payment acceptance services in the United States, enabling U.S.-based merchants to accept both domestic and international payments. This new service also allows foreign merchants with U.S. entities to provide a localised payment experience to
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KASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes
Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s
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Prosecutors Seek 3-Year Prison Term for Binance Founder; Zhao Pens Apology Letter
U.S. prosecutors have proposed a three-year prison sentence for Changpeng Zhao, the founder and former CEO of crypto exchange Binance, following his guilty plea for violating anti-money laundering laws, according to Reuters. The recommendation, filed in a Seattle federal court,
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Standard Chartered Joins Visa B2B Connect for Streamlined Payments
Standard Chartered has announced a new collaboration with Visa through the Visa B2B Connect network to streamline cross-border payments for its corporate clients. This initiative, starting in Singapore, aims to expedite and reduce the cost of business-to-business transactions internationally. The
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SGeBIZ and Funding Societies Team Up to Offer BNPL Payment Option for SMEs
Southeast Asia’s SME digital finance platform Funding Societies has partnered with SGeBIZ, a provider of digital procurement, payment, and sourcing solutions, to introduce embedded finance solutions for SMEs in Singapore. This collaboration aims to integrate Funding Societies’ financing capabilities into
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Trulioo Reports 90% Business Verification Rate in APAC
Trulioo, an identity verification platform, announced that it has achieved a 90% business verification rate across the APAC region a year after it had set up its Singapore office. The firm shared that this success comes despite challenges such as
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Atome Financial Reports Profitability in Q1 2024
Atome Financial, a key player in Southeast Asia’s digital financial services, announced that it has achieved profitability in the first quarter of 2024 and reported a substantial increase in operating income for 2023. The company’s operating income soared to US$170
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Former Mambu Exec Will Dale to Lead 10x Banking’s APAC Operations
Cloud-native core banking platform 10x Banking has announced the appointment of Will Dale as Regional Vice President for the APAC region. Dale, previously a Regional VP at Mambu, brings over 17 years of experience in the banking technology sector to
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Jean-Pierre Brulard Steps in as Temenos CEO Following Hindenburg Allegations
Banking software company Temenos announced that Jean-Pierre Brulard will become its new CEO starting 1 May 2024. He will be based in Switzerland. The appointment follows the retirement of Andreas Andreades, who has served Temenos in various capacities over the
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