Archive
GrabPay Philippines Enables Instant Fund Transfers with InstaPay
GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. This new feature is made possible thanks InstaPay, an initiative from Bangko Sentral ng Pilipinas (BSP) to enable payment interoperability. The introduction of this feature
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Chubb Launches Work From Home Insurance for the Asia Pacific Region
Chubb announced today the launch of their Work from Home (WFH) Insurance that they claim is a market-first in Asia Pacific. As businesses adapt to living with COVID-19 and beyond, working from home is expected to remain a part of
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Thailand Stock Exchange Partners With M-DAQ for Real-Time Stock Prices in 10 Currencies
The Stock Exchange of Thailand (SET) has partnered with M-DAQ, Singapore-based fintech startup, to collaborate and develop a solution that allows investors to view the real-time prices of SET50 stocks in 10 different currencies using interbank foreign exchange rate. With
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Philippines Social Security to Digitise Payments Using E-Wallets and Bank Transfers
The Philippines Social Security System (SSS) has started paying funeral benefit claims through the banks and other alternative payment channels as the pension fund shifts its transactions online. Effective 22nd June 2020, funeral benefits will no longer be released through
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Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project
The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was
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Singapore Tops Autonomous Vehicles Readiness Index For the First Time
According to this year’s KPMG Autonomous Vehicles Readiness Index (AVRI), Singapore has emerged as the country that is best prepared for the adoption and acceptance of Autonomous Vehicles (AV), with Singapore ranking first in the Index. This marks the first
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Major Vietnamese Bank Selects Temenos for Digital Wealth Management
Temenos, the banking software company, today announced that Military Commercial Joint Stock Bank (MB) has selected Temenos Infinity Wealth to deliver digital wealth management services to Vietnamese private banking customers. The implementation will be supported by Temenos’ partner, Syncordis. MB
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Philippines’ Department of Agriculture Enlists PayMaya for Loan Disbursement
The Department of Agriculture’s has announced the use of PayMaya, a mobile wallet under the purview of PLDT, to disburse loans for their Kapital Access for Young Agripreneurs (KAYA) financing program through the “KAYA” cash card. The initiative was formally
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Click to Pay: Mastercard Expands Passwordless Digital Checkout in Singapore
As Singapore shifts rapidly to digital commerce, Mastercard introduces Click to Pay a payments solution with an online checkout that that eliminates passwords, protects data with smart security and makes transactions a breeze with just a few clicks. Due to the
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Mambu Integrates with Currencycloud for Cross Border Payments
Mambu, a cloud banking platform, and Currencycloud, a global payments platform, have partnered to offer increased transparency and scalability to international payments for platform customers. In their statement, the said that by integrating Mambu’s true SaaS banking platform with Currencycloud’s
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