Payments

KASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes

Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s

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No Formal Permit Application for Alipay+ to Operate in Indonesia, Says Central Bank

Ant Group, a Chinese financial affiliate of the Alibaba Group, has not yet formally applied for a permit to operate its Alipay+ service in Indonesia, according to Filianingsih Hendarta, Deputy Governor of Bank Indonesia. According to Reuters, Hendarta clarified the

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Standard Chartered Joins Visa B2B Connect for Streamlined Payments

Standard Chartered has announced a new collaboration with Visa through the Visa B2B Connect network to streamline cross-border payments for its corporate clients. This initiative, starting in Singapore, aims to expedite and reduce the cost of business-to-business transactions internationally. The

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Nium, Thredd Deepen Partnership for Virtual Card Solutions in APAC Travel Sector

Nium, a major player in real-time cross-border payments, has announced an expansion of its partnership with Thredd, a  global payments processor. The collaboration will focus on issuing virtual cards within the Asia Pacific (APAC) region, aimed at facilitating payments for

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Flexible by Design: What Differentiates a Successful Payment Software Platform

In the ever-evolving landscape of payments, it is crucial to choose a payment platform from a vendor that can anticipate and support future growth through innovative functionality. This choice is key for staying ahead of your competitors. To illustrate the

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Thunes Acquires Tilia to Offer Wider Payment Solutions in the U.S.

Global payments company Thunes has entered into a definitive agreement to acquire Tilia LLC, a U.S.-based payment platform specialised in online games and virtual transactions. The financial terms of the deal were not disclosed, but the acquisition is pending regulatory

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Episode Six and DCS Enables Fintechs to Launch Credit Cards in Weeks

Episode Six (E6), a payments and banking infrastructure provider, has teamed up with Singapore-based DCS Card Centre (DCS) has rolled out Credit Card-as-a-Service targeting fintechs in Singapore. This collaboration enables fintech companies to issue their own branded credit cards directly

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Nium Partners with Artajasa to Enhance Cross-Border Payments in Indonesia

Global payments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. This collaboration, formalised through a Memorandum of Understanding (MOU) at the Money 20/20 Asia conference in Bangkok, aims to improve real-time, cross-border payment

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Qashier Granted In-Principle Approval for Payments License From MAS

Singapore-based fintech startup Qashier has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval positions Qashier to provide merchant acquisition services along with domestic and cross-border money transfer capabilities. Under

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Nium Appoints Alexandra Johnson as Chief Payments Officer

Nium, a real-time cross-border payments platform, has appointed Alexandra Johnson as its first Chief Payments Officer. This strategic addition aims to strengthen the company’s global banking and payment operations. Johnson will lead Nium’s efforts across various markets, focusing on strategy,

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