Payments

YouTrip Rolls Out New Corporate Card With Credit Facility for SMEs

Singapore’s neobank YouTrip announced that it has launched its new corporate card “YouBiz” that is powered by Mastercard for SMEs. YouBiz enables SMEs to generate physical and unlimited virtual cards for payments in over 150 currencies at more than 80

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Airwallex Rolls Out Virtual Business Debit Cards and Expenses Solution in Singapore

Global fintech Airwallex announced the launch of its Airwallex Borderless Card for its Singaporean customers today. The Airwallex Borderless Card is a virtual multi-currency Visa business debit card that enables businesses to easily make online card payments anywhere that Visa

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Here Are The Top Trends Shaping India’s Payment Scene

India’s digital payments space has seen a massive boom over the past few years, a growth that’s been supported by an expanding e-commerce marketplace and the wider availability of acceptance infrastructure at physical stores. Building on the rise in digital

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EZ-Link Partners With Mastercard for Greater Digital Payments Capabilities

EZ-Link announced the launch of its enhanced EZ-Link Wallet that was developed in collaboration with Mastercard. When users activate the new Pay by Wallet feature, they can use their EZ-Link Wallet to make online and in-store contactless payments at over

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Luno Secures MAS’ In-Principle Approval to Offer Crypto Services

Global cryptocurrency company Luno has been granted in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act (PSA) to provide Digital Payment Token (DPT) services in Singapore. MAS has granted in-principle approvals to Coinhako, Hodlnaut, Paxos, Digital

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Revolut Singapore’s Customers Will Soon Be Able to Trade Crypto Within the App

Challenger bank Revolut has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate a fully regulated cryptocurrency service, along with merchant acquiring services. Revolut Technologies Singapore (RTS) is already licensed as a Major Payment Institution (MPI) in

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Nium to Acquire Alternative Payments Network Platform Socash

Global payments platform Nium announced a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. Socash brings together financial institutions and digital commerce merchants into a network that allows consumers to deposit, withdraw, and make payments with cash

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Stripe Allows Singapore Businesses to Offer PayNow Transactions

Stripe, a global financial infrastructure platform for businesses, announced that its Singapore-based users can begin accepting PayNow as a payment method across its integrated suite of solutions. Since its launch in 2017, PayNow has grown to over 4.9 million registered

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Thunes Snaps up Majority Stake in Regtech Firm Tookitaki for US$20 Million

Global cross-border payments firm Thunes announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki, by making an investment of over US$20 million. Thunes made this move in the wake of rising

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Ant Group Inks Deal to Become Payments Firm 2C2P’s Largest Shareholder

Payments firm 2C2P announced that Chinese fintech giant Ant Group will become its majority shareholder in a strategic partnership. Further details of the deal was not disclosed. Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and

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