Mobile Payments

BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture

TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and

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Grab And Transfer to Partner Up To Deliver Real-Time Digital Payments Across South-East Asia

TransferTo, a global Cross-Border Mobile Payments Network, has been chosen by Grab, the mobile ride-hailing and payments platform in South-East Asia, to enable real-time earnings payouts for Grab drivers using their GrabPay account, across Grab’s operating markets. For the first time, and as a

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Malaysia Mobile Wallets Space Heats Up: Axiata’s Boost Partners with UTM

Boost, an app based mobile wallet developed by Axiata Digital, announced their partnership with Universiti Teknologi Malaysia to create a “Cashless Campus” in Malaysia. This partnership could potentially enable 25,000 students and faculty members across UTM Kuala Lumpur and Skudai

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E-Payment Solutions Provider Slated To Be Amongst The First SGX-Listed Fintech Firms

SGX Catalist-listed Artivision Technologies Ltd. announced that it has entered into a conditional and non-binding HOA with MC Payment, an established Asia Pacific electronic payment solutions provider, to acquire its entire issued and paid-up share capital and convertible bonds from

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Grab Secures US$700 Million In Debt Facilities And Wants To Create Southeast Asia’s Largest Car Rental Fleet

Grab , which calles themself now “the leading on-demand transportation and mobile payments platform in Southeast Asia”, today announced that it has secured debt facilities of up to US$700 million, the largest ever debt financing raised by a Southeast Asian

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Australia: Collaborating On The Next Era Of Payments

Transactives, the leading conference organizer of EuropeanPaymentSummit (EMEA) and GlobalPaymentSummit (APAC) , has teamed up with Australian Payments Network (AusPayNet), the self-regulatory body for Australia’s payments industry and home for cross industry innovation, to bring the inaugural Australian Payment Summit

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BNM Approves Sarawak Pay: Sarawak to Roll Out Payments System

Approval from Bank Negara Malaysia for Sarawak Pay was obtained last week , further to the approval the Sarawak Government would see the system implemented at state government departments and agencies next year. The system would allow for payments for

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A Digital Currency For Shoppers

Local fashion and lifestyle conglomerate iFashion Group launches MegaX , a new digital token for shoppers. With electronic payments provider MC Payment as technology partner, MGX holders can make immediate purchases from partnering brands online or at brick-and-mortar stores. Supporting

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Lessons From Swiss Payment Initiative Twint

In Switzerland a consortium made up by some of the country’s largest banks such UBS, Credit Suisse, Postfinance etc. attempts to introduce a new mobile payment system and digital wallet by the name of Twint. So far it has failed

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OCBC Bank Singapore Goes Voice Recognition Technology For Business Banking Mobile Solutions

OCBC Bank continues to break new ground in its drive to make banking simple, fast and convenient for its business customers. In its latest industry-leading innovation in Asia, its SME customers will be able to initiate funds transfers to business

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