Payments
Thunes Appoints Chloé Mayenobe as COO
Global cross-border payments infrastructure network Thunes appoints Chloé Mayenobe as its new Chief Operating Officer (COO) on the heels of its US$ 72 million Series C fundraise in July 2023. Mayenobe will be based in Thunes’ Paris office. She most recently
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Rising Scam Losses Epidemic a Growing Concern for Digital Payments
The advent of digital payments and transactions has undoubtedly transformed the way we conduct financial transactions, making our lives more convenient and efficient. However, this digital revolution has also given rise to an alarming surge in digitally-enabled scam scenarios and
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MAS Takes Step Towards More Interoperable QR Payments With SGQR+ Pilot
The Monetary Authority of Singapore (MAS) will launch a proof of concept (POC) for a new QR payment system called SGQR+. The POC will explore the feasibility of enabling merchants in Singapore to accept QR payments from a variety of payment
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Abe Kuruvilla Takes the Helm as CTO at ACI Worldwide
Real-time payments software provider ACI Worldwide announced that it has named Abe Kuruvilla as its Chief Technology Officer. In this role, Kuruvilla will lead ACI’s innovation agenda, optimising the way the company develops and delivers its software solutions globally to
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Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth
E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected
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Payoneer Makes it Easier for Etsy Sellers to Get Paid
Payments firm Payoneer has partnered with online marketplace Etsy to streamline payments for sellers in emerging markets. The collaboration will utilise Payoneer’s global infrastructure to offer Etsy sellers more services and seamless payouts in their preferred currency. It will initially
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APAC Drives Record Growth in Global Payments Revenues as Cash Declines — McKinsey
The 2023 McKinsey Global Payments Report has recently illuminated the extraordinary performance of the payments industry in 2022. The APAC region, synonymous with innovation and economic dynamism, remains a focal point of this progress, providing a wealth of opportunities to
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YouTrip Raises US$50M, Eyes Malaysia Expansion by Early 2024
YouTrip, a multi-currency digital payments platform, has raised US$50 million in its latest Series B fundraise, bringing its total funds raised to over US$100 million since its inception. The round was led by new investor and global venture capital firm Lightspeed.
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Over 80% of SMEs Seek Alternatives to Traditional Banks for Payments
A new survey by Airwallex and consultancy Edgar, Dunn & Company has revealed surging demand for cloud-based financial services among small and medium-sized enterprises (SMEs), with more than 80% looking to switch away from traditional banks for their payment needs.
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Triple-A Bags US$10 Million Series A Led by Peak XV, Shorooq Partners
Crypto payment gateway Triple-A announced that it has raised US$10 million in Series A funding. The round was led by repeat investors Peak XV Partners and Shorooq Partners. The company had previously secured US$4 million in seed funding in June
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