Payments
Krungsri App Enables QR Payments Between Thailand and Hong Kong
Bank of Ayudhya (Krungsri), a part of Mitsubishi UFJ Financial Group (MUFG), has recently expanded its services in the ASEAN region by launching cross-border QR payments between Thailand and Hong Kong. Travelers from Thailand and Hong Kong can make payments
Read More
Mastercard Rolls Out Cashless Payments for Jakarta’s MRT Commuters
Payment giant Mastercard has partnered with PT MRT Jakarta (Perseroda) to provide more payment options to commuters for cashless transit experiences. This announcement coincides with the renaming of Senayan Station to Senayan Mastercard Station. Travelers can now top up their MRT
Read More
MAS Grants In-Principle Approval to Moomoo Singapore for Crypto Payments
Digital brokerage Moomoo Financial Singapore has secured in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License to offer digital payment token (DPT) services. This approval enables Moomoo Singapore to extend digital payment token services
Read More
Worldpay Brings Major Credit Card Rails to Alchemy Pay, Boosting Crypto Accessibility
Alchemy Pay, a fiat-crypto payment gateway, has partnered with global acquirer Worldpay to expand its payment options and improve its services. This collaboration integrates Worldpay’s Visa and Mastercard payment systems into Alchemy Pay‘s platform, aiming to streamline the process of
Read More
Airwallex and Woo Partner to Simplify Cross-Border Payments for Global Merchants
Global payments firm Airwallex has partnered with Woo, an open-source ecommerce platform on WordPress, to offer a new payment option for the latter’s merchants. This partnership aims to simplify cross-border commerce for global merchants without the high foreign exchange conversion
Read More
FOMO Pay and Digibank Zand Join Forces for Asia-MENA Remittances
Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. This collaboration seeks to streamline B2B transactions and enhance the
Read More
DCS Card Centre Fuels Expansion With S$300 Million Asset-Backed Notes
Singaporean fintech DCS Card Centre (DCS) announced that it has raised S$300 million through an upsized issuance of asset-backed notes as part of the company’s strategy to bolster its growth. The newly issued notes, secured by credit card receivables, marks
Read More
Former Marqeta Exec Jeff Parker Takes Helm as CEO of Paymentology
Global issuer-processor Paymentology has named Jeff Parker as its new CEO, succeeding the interim Co-CEOs Abe Smith and Angy Watson. Parker’s appointment as CEO of Paymentology is effective immediately. With a career spanning over 20 years, Parker has worked across
Read More
Independent Reserve Adds PayNow Option to Ease SGD Deposits
Independent Reserve, a licensed crypto exchange in Singapore, announced the addition of the PayNow service to its platform, aiming to simplify and secure the process of Singapore Dollar (SGD) deposits for its users. With the integration of PayNow, users can
Read More
Lightnet and TransferMate to Enhance International Payments for Businesses
Singapore-based fintech firm Lightnet has entered a global partnership with B2B global payments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions. TransferMate, part of CluneTech, operates an extensive payments network supporting transactions in over 200
Read More