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
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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),
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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%
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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
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Settling up: What Payment Options Do You Have in Singapore and How Do They Work?
Although Silicon Valley in the United States tends to dominate the tech scene in terms of both news coverage and technological developments, this monopoly is slowly beginning to shift. As more and more businesses begin to shift away from Silicon
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Bangkok Bank Unveils Cross-Border QR Payments Between Thailand and Vietnam
Bangkok Bank has unveiled cross-border QR payments between Thailand and Vietnam with the cooperation of the Bank of Thailand (BOT) and State Bank of Vietnam (SBV), claiming to be the first to do so. The service provided by Bangkok Bank
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In Singapore, Digital Wallets are Set to Overtake Credit Cards and BNPL is Fast-Growing
COVID-19 has spurred a spike in e-commerce globally, propelling with it digital payment adoption. In Singapore, digital wallets are set to overtake credit cards as the preferred online payment method over the next four years, and buy now pay later
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Indian Fintechs Ride Digital Payment Wave to Expand to Lending, Wealth, Insurance
With approximately 200 million active users and 30 million merchants, Indian payment players are now riding the growth of digital payments to expand to other financial segments beyond their core offerings, including wealth management, insurance and lending, says a new
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Competition Heats up in Vietnam’s Mobile Payment Landscape
Competition for Vietnam’s young, digitally savvy population is heating up in the mobile wallet and digital payment space. Over the past year, no less than 9 non-bank organization joined the sector and regulatory changes introduced in 2020 could very well
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6 Key Players in Asia’s Buy Now Pay Later (BNPL) Battleground
‘Buy now, pay later’ (BNPL) adoption is set to grow exponentially in the coming years with Asia Pacific (APAC) being the key driver. A study by Coherent Market Insights estimates that the global BNPL was valued at US$7.3 billion in 2019,
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