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Nium Partners with Artajasa to Enhance Cross-Border Payments in Indonesia
Global payments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. This collaboration, formalised through a Memorandum of Understanding (MOU) at the Money 20/20 Asia conference in Bangkok, aims to improve real-time, cross-border payment
Read MoreThailand Set to Block Access to Unauthorised Crypto Platforms
Thailand’s Securities and Exchange Commission (SEC), in conjunction with the Ministry of Digital Economy and Society and other relevant agencies, has initiated measures to block unauthorised access to digital asset service providers’ platforms. This move aims to enhance law enforcement
Read MoreQashier Granted In-Principle Approval for Payments License From MAS
Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval positions Qashier to provide merchant acquisition services along with domestic and cross-border money transfer capabilities. Under
Read MoreBambu Shuttered Operations in Dec 2023 After Failing to Achieve Profitability
Singapore-based fintech startup Bambu had shuttered its operations as of 31 December last year, following the decision made jointly by its management and investors, according to Tech in Asia. The B2B firm, which specialised in providing robo-advisory products to financial
Read MoreMaybank Singapore Offers Goal-Based Investment From S$200
Maybank Singapore has introduced a new online investment service called Goal-Based Investment (GBI), designed to make investing more accessible. This service allows customers to start investing from S$200, making it an accessible unit trust investment option. The GBI platform enables
Read MoreSinglife and Doctor Anywhere Introduce Health Plan for Gig Workers
Homegrown financial services company Singlife has partnered with Doctor Anywhere, a local tech-driven healthcare firm, to launch a new health subscription plan aimed at self-employed individuals, including gig workers. The plan, named DA Healthwise Plus, is designed to provide affordable
Read MoreSoftServe to Showcase Generative AI Innovations at Money20/20 Asia
SoftServe, a global IT consulting and digital services firm, is set to present its latest generative AI (Gen AI) technologies at the upcoming Money20/20 Asia conference. The event, scheduled for 23-25 April in Bangkok, Thailand, will highlight innovative applications of
Read MoreNium Appoints Alexandra Johnson as Chief Payments Officer
Nium, a real-time cross-border payments platform, has appointed Alexandra Johnson as its first Chief Payments Officer. This strategic addition aims to strengthen the company’s global banking and payment operations. Johnson will lead Nium’s efforts across various markets, focusing on strategy,
Read MoreMastercard Launches Mobile App for Adding Virtual Cards to Digital Wallets
Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital wallets, enhancing contactless payment solutions for businesses. This app is a development aimed at providing financial institutions with more options
Read MoreBrankas Claims to Be First to Secure Open Banking Data License in Indonesia
Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 license for Account Information Services (AInS) from Bank Indonesia. This license allows Brankas to offer enhanced transparency
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