Archive

Revolutionising Cross Border Payments in the APAC Ecosystem

In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into new realms of possibility.  With a valuation that leapt from US$478.23 billion in 2022 to a projected US$1.14 trillion by

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TransferGo Raises US$10 Million to Fuel Asia Pacific Growth Plans

TransferGo, an online money transfer platform operating in over 160 countries, recently announced it has raised US$10 million from Taiwania Capital, a Taiwanese venture capital firm. This funding is part of TransferGo‘s strategy to expand its presence in the Asia-Pacific

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PAN Finance Names Libertex ‘Global CFD Broker of the Year’

As the first quarter of 2024 draws to a close, Libertex is thrilled to announce its first accolade of the new year! The established global financial publication PAN Finance has determined Libertex to be the ‘CFD Broker of the Year

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TRM Labs Welcomes Former INTERPOL President Boon Hui Khoo as Senior Advisor

Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor. Khoo, with an extensive background in public service, law enforcement, and national security, joins the company to enhance its efforts in combating fraud

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Temasek Furthers European Expansion with New Paris Office

Singapore’s sovereign wealth fund Temasek has inaugurated its new office in Paris, marking a significant step in its European expansion strategy. This new Parisian base is part of Temasek’s broader objective to enhance its global network and leverage opportunities across

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BIS: Stablecoins Offer Promise, but Need Consistent Regulation

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions. Authored by Juan Carlos Crisanto, Johannes Ehrentraud, and Denise Garcia Ocampo, this

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Entrust Finalises Acquisition of Onfido

Entrust, known for its trusted payment and data security solutions, has finalised its acquisition of identity verification company Onfido. This announcement comes just two months after the negotiations came to light where TechCrunch reported that the deal could be worth

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MAS and Mastercard Partner to Strengthen Financial Sector Cybersecurity

The Monetary Authority of Singapore (MAS) and Mastercard have signed a Memorandum of Understanding (MoU) to bolster cybersecurity within the financial services sector. The partnership is built on a foundation of bilateral information sharing of cyber threat intelligence, aiming to

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Nuvei Secures Payments License from MAS to Expand Offerings in Singapore

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This allows Nuvei’s Singapore subsidiary, Nuvei Singapore Pte Ltd, to extend its financial services within the region, offering domestic and cross-border

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IOTA and Tenity’s Singapore Accelerator Offers $50,000 Grants to Blockchain Startups

Tenity, in collaboration with the IOTA Foundation, has announced the establishment of the IOTA Accelerator in Singapore. This 12-week initiative is designed to assist early-stage startups focused on developing Real World Assets (RWA) tokenisation products and infrastructure within the IOTA

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