Search Results for "mastercard"
New Fintech Startup Issues MasterCard for Migrant Workers from the Philippines, India, Nepal and Sri Lanka
One of the biggest expenses for migrant workers is the cost of sending money to their family abroad. Migrant workers are often taken advantage of by banks and other financial institutions where they are charged high fees and offered limited
Read More
Nium, Thredd Deepen Partnership for Virtual Card Solutions in APAC Travel Sector
Nium, a major player in real-time cross-border payments, has announced an expansion of its partnership with Thredd, a global payments processor. The collaboration will focus on issuing virtual cards within the Asia Pacific (APAC) region, aimed at facilitating payments for
Read More
Thunes Acquires Tilia to Offer Wider Payment Solutions in the U.S.
Global payments company Thunes has entered into a definitive agreement to acquire Tilia LLC, a U.S.-based payment platform specialised in online games and virtual transactions. The financial terms of the deal were not disclosed, but the acquisition is pending regulatory
Read More
Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,
Read More
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
Read More
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
Read More
Grab to Discontinue GrabPay Card in June, Citing User Preference for PayLater, Wallet
Southeast Asian ride-hailing superapp Grab has declared that its GrabPay Card service will be phased out, effective 1 June 2024. The decision affects both digital and physical versions of the card. Starting from 1 April 2024, Grab will cease accepting
Read More
7 Fast-Growing Fintech Startups in Thailand
Fintech startups in Thailand are poised for success with real-time transactions are being adopted at a faster than anywhere else in Southeast Asia, cashless payments have reached ubiquity and digital lending is emerging as a compelling alternative to traditional lenders for
Read More
DCS Card Centre Secures S$100 Million Upsize in Asset-Backed Notes
Singaporean fintech DCS Card Centre has secured an additional S$100 million in asset-backed notes, raising their total funding to S$400 million. This move follows the S$300 million previously raised in December 2023. The funds from the additional issuance will be
Read More
Alchemy Pay Aims to Launch Web 3.0 Digital Bank in 2024
Alchemy Pay, a global crypto payment service provider, has unveiled its strategic roadmap for 2024, focusing on expanding its payment services and integrating new technologies. As the crypto industry continues to evolve with the Bitcoin halving and upgrades in Ethereum’s
Read More