Payments
dtcpay Officially Opens New Headquarters in Singapore
dtcpay, a payment company based on distributed ledger technology formerly known as Digital Treasures Center, has officially opened its new office in Singapore’s Central Business District. The new office, located at Cecil Street, aims to develop local talent and partnerships
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Mastercard Expands Partnership With Vesta to Secure E-Commerce Transactions
Mastercard has expanded its partnership with end-to-end payment fraud protection platform Vesta in a bid to protect e-commerce transactions from fraud. The payments firm will be integrating Vesta’s Payment Guarantee™ and Payment Protect risk scoring solution into its Mastercard Payment
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Choco Up Partners Know Your Customer to Accelerate e-KYC for Capital Financing
Regtech provider Know Your Customer announced that it has partnered with Choco Up, a revenue-based financing platform with offices in Singapore and Hong Kong. Through this partnership, Choco Up will be able to streamline client verification and accelerate access to
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Moomoo Singapore Ties up With Wise for Cheaper, Convenient Fund Transfers
Moomoo Financial Singapore, an investment platform and wholly owned subsidiary of Futu Holdings, has partnered with online money transfer service Wise to offer its users a cost-effective and faster way to deposit money into their trading accounts. Singapore users can
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A Snapshot of 2023 Payment Trends in Asia
In 2022, usage of digital wallets and account-to-account (A2A) payments continued to grow in Asia-Pacific (APAC), carrying on a trend that was accelerated by the COVID-19 pandemic and the expansion of real-time payment systems, a new report by global financial
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Singapore Residents Can Now Pay Through Their WhatsApp Chat
Singaporeans will be able to pay local businesses right from their WhatsApp chat from today onwards. This will enable customers and businesses buy and sell directly on WhatsApp without having to go to a website, open another app or pay
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RBI, BIS Kicks off G20 TechSprint Competition Focused On Cross-Border Payments
The Reserve Bank of India (RBI) and Bank for International Settlements (BIS) has jointly launched the fourth edition of the G20 TechSprint Initiative, a global technology competition to promote innovative solutions aimed at improving cross-border payments, under India’s G20 presidency.
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Top 5 Trends Shaping E-Commerce in 2023
MRC, Cybersource and Verifi have released a new report that shares findings of a survey of global e-commerce merchants which. This study highlights the top trends in e-commerce in 2023. The study, which polled 1,000+ merchants involved in e-commerce in
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Revolut Enables Singapore Customers to Link With 6 Banks for In-App Top-Ups
Revolut, a global neobank with more than 28 million customers worldwide, announced that its Singapore customers will be able to link, and top-up directly from up to six different bank accounts within the app. This feature is enabled by electronic
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Alipay Transactions Nearly Double in Singapore, Spurred By Surging Chinese Tourists
Alipay, the Ant Group-owned digital payment and service platform, revealed that Chinese tourists in Singapore nearly doubled their total transaction value via its app in Q1 2023, compared to Q4 2022. This surge in growth was attributed to China reopening
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