Payments

Netcetera Singapore Appoints New APAC Head of Sales and Partnerships

Netcetera, a Swiss software company providing digital payment solutions, has appointed Nitin Palande as the APAC Head of Sales and Partnerships at its Singapore regional office. Nitin brings a wealth experience working across multiple geographies and industries including e-commerce, telecommunications,

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Singapore and Thailand Announces World’s First Linkage of Real Time Retail Payment Systems

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real time retail payment systems. MAS said that it is the first of its kind globally. The linkage is

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Atome Ties up with FOMO Pay to Expand BNPL Acceptance Across Asia

FOMO Pay, a QR payments provider, announced a partnership with Atome that will expand seamless Buy Now, Pay Later (BNPL) acceptance across thousands of online and offline retail businesses in Singapore and across Asia. Atome’s platform has over 3,000 online

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DBS, J.P. Morgan and Temasek to Develop a Blockchain-Based Interbank Payments Platform

DBS, J.P. Morgan and Temasek announced that they will jointly develop a blockchain-based platform for payments, trade and foreign exchange settlement. The company named Partior aims to use blockchain solutions to enable next generation, programmable value transfer for participating banks

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Digital Payments Transformation: Changing How Business Gets Done

The trend toward payments digitisation is undeniable. Worldwide, transaction value of digital payments is expected to reach USD 8.7 trillion by 2025. In China alone, arguably the biggest market in the world in digital payments, transaction value has already hit

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Aleta Planet to Enable Merchants to Accept “Discover and Diners Club Cards” for E-Commerce Payments

Aleta Planet, a fast-growing Singapore-based fintech, has partnered with Discover Global Network, the international payments brand of Discover Financial Services, to enable merchants in Asia Pacific to expand e-commerce payment acceptance and grow their customer volume. Starting from Q2 2021,

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UK Fintech Currencycloud Sets up New APAC Headquarters in Singapore

Currencycloud, a provider of B2B embedded cross-border solutions, announced that it has opened an Asia Pacific headquarters in Singapore. The new office, located in Raffles Quay, will serve as a hub to drive the London-based fintech’s expansion throughout the wider

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Finch Capital’s Nomu Pay Acquires Wirecard’s Asian Assets

Finch Capital, a UK and Amsterdam-focused venture firm, has reached an agreement to acquire Wirecard Payment’s entities in Hong Kong, Malaysia, Philippines and Thailand through Nomu Pay, a vehicle that invests in payment assets. The transactions are expected to be

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CurrencyFair and Assembly Payments to Merge After Investment from Standard Chartered

CurrencyFair, a global cross-border payments platform and Assembly Payments, whose platform automates complex payment workflows, today announced their merger as a result of a strategic investment by Standard Chartered, subject to shareholder and regulatory approval. SC Ventures, the innovation, ventures

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The Continued Growth of Direct Carrier Billing in Asia

Asia is witnessing a paradigm shift when it comes to the payments sector. The Asian payments sector sector is oncourse to exceed $1 trillion in annual revenue by 2022-23. It is also rapidly undergoing changes with digital payments taking the

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