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Swiss Payments Firm Netcetera Receives UnionPay Certification
Netcetera, a Swiss software company providing digital payment solutions, has become a UnionPay-certified third-party service provider and is fully compliant with the card network which has issuance in more than 75 countries. The UnionPay certificate means even more business opportunities
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Vietnam’s Retail Investment App Infina Bags US$6 Million in Seed Funding
Vietnam’s retail investment app Infina announced they have closed US$6 million in seed funding from Sequoia Capital India’s Surge, Y Combinator, Saison Capital, Starling Ventures, Alpha JWC, and AppWorks. Infina was part of Surge’s sixth cohort which is a rapid
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Podcast: AirAsia and Payoneer Speak About the Digital Evolution in APAC
The evolution of digital transformation in APAC, accelerated by the pandemic and globalisation has been unprecedented in the last few years. To navigate this new world, and to shed more light on this topic, payments firm Payoneer partnered with the
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Franklin Templeton and F10 Launches Early-Stage Fintech Incubator in Singapore
Asset manager Franklin Templeton has partnered with fintech startup accelerator F10 for a two-year joint incubation programme in Singapore which will kick-off in July 2022. The “FT Singapore Fintech Incubator” will be supporting early-stage fintech startups in Singapore and the
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Binance Inks Deal With South Korean Entertainment Giant for Eco-Friendly NFTs
Blockchain ecosystem and cryptocurrency infrastructure provider Binance has announced the signing of a Memorandum of Understanding to build a strategic partnership with YG Entertainment, a South Korean multinational entertainment corporation. As part of the strategic partnership, Binance and YG will
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KPMG: Singapore’s Fintech Investment Tops US$3.94 Billion, Crypto Takes Top Spot
Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021 according to the KPMG Pulse of FinTech H2’21 report. This is a 37 percent increase compared to 2020’s deal count with 139 deals and a 91 percent
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Backbase Appoints Chris Vanden Berghe as Regional VP of Technology for APAC
Digital banking software provider Backbase has appointed Chris Vanden Berghe as Regional Vice President of Technology for Asia Pacific. The new role is based in Singapore and will drive the company’s product localisation and development, implementation success, and international expansion.
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Digital Financial Services Picks Up Steam in Cambodia
Over the past few years, digital financial services have seen greater adoption in Cambodia, a trend that was accelerated by the COVID-19 pandemic and the social distancing measures put in place to limit the spread of the virus. Rising usage
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Visa: Singaporean MSMEs Plan to Accept BNPL, Crypto Payment Options in 2022
Ninety-four percent of micro, small, and medium enterprises (MSMEs) in Singapore will accept some form of digital payments in 2022, compared to 82 percent globally, according to Visa’s Back to Business Study. Nearly three-quarters (72%) of them are expecting their
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MAS Orders DBS to Set Aside S$930 Million in Capital Following Major Service Disruption
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement on DBS Bank following the disruption of its digital banking services for 2 days. DBS identified a problem with its access control servers which caused the disruption from
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