Payments

IMDA and MAS Seeks Feedback to Bolster the SGQR’s Interoperability

The Infocomm Media Development Authority (IMDA) and the Monetary Authority of Singapore (MAS) are seeking feedback on making the Singapore Quick Response Code (SGQR) more interoperable. The consultation paper seeks views on IMDA’s and MAS’ proposals to introduce a set

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Vietnam’s Buy2Sell Ties up With Mastercard for Cross-Border Payments

Vietnamese e-commerce platform Buy2Sell announced a new strategic partnership with Mastercard to enable multiple payment types to a variety of delivery channels via a single connection through Mastercard Cross-Border Services. Mastercard Cross-Border Services enable financial institutions and partners to build

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Thunes Ramps up Commitment to ESG With Global Initiatives

Singapore-based global payments company Thunes announced its affiliation with two global ESG initiatives, namely the United Nations Global Compact and Ecovadis. Earlier this year, Thunes said that it had successfully passed sustainability assessments and submitted respective reports to both institutions.

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A Small Business Guide To Seamless Global Payment Transfers

As a small business owner, you must save money whenever possible, and international payments can be expensive. Global payment transfers charge a significant fee which can be costly for a business that has to make multiple transactions. Conventionally, most businesses

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Merchant Onboarding and E-KYC Partnership Between MineSec and Zoloz

MineSec announced today a partnership with Zoloz to streamline the Know-Your-Customer (KYC) and Know-Your-Business (KYB) process for merchant onboarding. MineSec is a Singapore-based white-label SoftPOS solution provider and Zoloz is a global leading technology service provider of AI-powered Digital Identity

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Thunes Partners With Alipay+ for Asian E-wallet Acceptance in Europe

Global cross-border payments company Thunes has partnered with Alipay+, a suite of cross-border payments and marketing solutions operated by Ant Group, to connect European merchants with hundreds of millions of Asian consumers. Through this collaboration, Thunes’ customers and merchants in

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Wix Partners With TripleA to Enable Crypto Payments Acceptance for Its Merchants

TripleA, a licensed crypto payment gateway, announced that it has partnered with global SaaS platform Wix to help the latter create, manage, and grow an online presence. This partnership allows Wix merchants to accept cryptocurrency payments via a simple plugin

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iPiD Bags US$3.3 Million Seed Funding, Names SWIFT Exec as Chief Commercial Officer

Fintech startup International Payments Identity (iPiD) announced a US$3.3 million seed funding round and the appointment of Alain Raes, a long-time payments industry expert and former SWIFT executive, as its Chief Commercial Officer. iPiD secured the funds from Rapyd Ventures,

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Lightnet Raises US$50 Million to Bolster Blockchain-Powered Remittances

The Lightnet Group, a Singapore-based fintech firm with several licensed subsidiaries around the globe providing cross-border remittance services, announced that it has secured a US$50 million capital commitment from LDA Capital. According to Lightnet, it will have the option to

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Bank Indonesia and MAS to Pilot Cross-Border QR Code Payments Linkage

Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) has begun developing the cross-border QR payment linkage between the two countries as part of the ASEAN-wide payments connectivity effort. This linkage, which is targeted to be launched in the

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