Payments
FOMO Pay Now a Member of Singapore Clearing House Association
Major payments institution licensee FOMO Pay announced that it is now officially a member of the Singapore Clearing House Association (SCHA). The SCHA is an association formed in December 1980 to establish, manage and administer clearing services and facilities for
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Tazapay Offers Open Banking Payments in Europe Through Volt Tie-up
Singapore-based cross-border payments firm Tazapay has partnered with real-time payments gateway Volt to add open banking to its growing stack of payment offerings. This is in line with its plans to accelerate its international growth across the UK and Europe.
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Wise Revamps With New Look and Features, Onboards 100K Users Weekly
Online money transfer service Wise has unveiled its complete visual makeover and rolled out new features on its app which now has 16 million customers worldwide. The Wise app now features a fresh green palette and a bold new font
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Fiat-Crypto Gateway Alchemy Pay Gets Licenses From Bank Indonesia
Fiat-crypto gateway payment provider Alchemy Pay teamed up with fintech firm Berkah Digital Pembayaran to secure licenses for remittance and fund transfer services from Bank Indonesia. Alchemy Pay said in a statement that the licenses will enable both entities to
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Accelerate Revenue for Your APAC Business Through Payments
Consumers in Asia Pacific (APAC) are by far the most enthusiastic adopters of digital payments worldwide, increasing their use of at least one digital payment method in the last 12 months by 69%. Card payments remain most popular in the
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Vietnam Ditches Cash: More Consumers Opt for Cashless Payments
Cashless payments in Vietnam have seen rapid growth in popularity as a growing number of Vietnamese consumers seek more efficient and secure ways to manage their finances. From contactless card payments to mobile wallet transactions, the range of cashless options
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Mastercard, Vesta to Offer Fraud Management Solutions for APAC Merchants
Mastercard and end-to-end fraud protection platform Vesta has partnered to provide fraud management solutions for merchants in the Asia Pacific region. The partnership will involve the integration of Mastercard’s Cyber & Intelligence (C&I) products and solutions into Vesta’s transaction guarantee
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Stripe Rolls Out Tap to Pay For Android Devices in Singapore
Stripe, a payments and financial services providers for businesses, has expanded the Tap to Pay feature for NFC-enabled Android devices to ease contactless in-person payments. The feature is already available for iPhones. The feature is currently available in beta on
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Banks Losing Ground to Fintechs in Asia’s Cross Border Payments Space
Fintech companies and specialist providers are rapidly gaining ground in Asia’s cross-border payment market, putting increased competitive pressure on banking incumbents and forcing them to look for new opportunities, a new report by global consultancy McKinsey claims. In Asia, fintech
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Globalization Partners Ties up With Wise to Ease Contractors, Freelancers’ Pay
Globalization Partners (G-P), an automated global employment platform, has integrated with online money transfer service Wise to ensure salary transparency for international freelancers and contractors. There will be no hidden transaction fees and businesses will be able to see a
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