Fintech Singapore | Mobile Payments Archives

Mobile Payments

NETS Appoints UOB’s Head of Group Tech and Operations as New Chairman

Network for Electronic Transfers (NETS), a Singaporean electronic payment service provider, announced the appointment of Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman, her appointment takes effect from 1 September 2021 onwards. The chairmanship of

Funding Mobile Payments

Rapyd Secures US$300 Million From Series E Fundraise To Support Its Expansion Plans

Rapyd, a Fintech-as-a-Service company which provides APIs that helps integrate local payments and fintech capabilities, announced a US$300 million Series E funding round led by Target Global. Joining the round are several new investors including funds managed by Fidelity Management

Mobile Payments Vietnam

Mobile Transactions in Vietnam Projected to Surge 300% In the Next 5 Years

Between 2021 and 2025, mobile transactions in Vietnam are expected to surge 300% as Vietnam continues to leapfrog into the mobile channel, a new report by IDC and Backbase found. The second edition of Fintech and Digital Banking 2025 Asia

Funding Mobile Payments

Rapyd Creates Venture Arm to Invest in Early Stage Fintech Startups

Rapyd, a global Fintech-as-a-Service company, announced the launch of Rapyd Ventures, its new venture arm that will focus on investing in early and growth stage businesses. The new venture arm will be led by Joel Yarbrough, MD of Rapyd Ventures

Covid19 Mobile Payments Security

Experts Warn of Rapidly Evolving Fraud Techniques in the Wake of COVID-19

Like businesses have embraced digitalization to evolve in the wake of COVID-19, fraudsters and scammers too are embracing digital technology to evolve the threat that they pose to businesses and the public, experts from Visa, Rizal Commercial Banking Corporation (RCBC),

E-commerce Mobile Payments

Global E-Commerce Revenues Surge; Asian Nations Lead in Growth Rate Ranking

Global e-commerce sales have surged amid the COVID-19 pandemic, with China, Hong Kong, South Korea, Vietnam, India and Japan recording amongst the highest revenue growth rates in the world, a Payoneer whitepaper says. Chinese sellers saw sales volumes surged 65%

Mobile Payments

Adyen Singapore Secures MAS’ Major Payments Institution License

Global payments platform Adyen announced that its Singapore entity has received approval from the Monetary Authority of Singapore (MAS) to carry out merchant acquisition services under the Payment Services Act 2019 (PSA). Effective from 1 May 2021, Adyen Singapore‘s license