Payments

StraitsX Pilots Three Stablecoin Applications at SFF to Showcase Real-World Use Cases

Crypto payment infrastructure company StraitsX is piloting a series of stablecoin applications at the Singapore Fintech Festival 2022 to showcase stablecoins’ real-world use cases and business benefits. The three use cases, done in collaboration with IDEMIA, The HBAR Foundation, Mastercard

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Singapore to Eliminate Cheques by 2025

The Monetary Authority of Singapore (MAS) has issued a public consultation paper to study the possibility of eliminating all corporate cheques and terminate central cheque clearing by 2025. The announcement was made by Deputy Prime Minister and Minister for Finance

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Mastercard to Expand Farm Pass Programme Across APAC

Mastercard announced today at the Singapore Fintech Festival that it would expand its Farm Pass digital platform across the Asia Pacific region. The expansion will build on the success of the Farm Pass platform in India, where it has helped

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Rapyd Rolls Out Its Multi-Currency Treasury Solution

Global Fintech-as-a-Service platform Rapyd has launched a new multi-currency Treasury Solution for cross-border payments. The payments platform today revealed its latest payment collection, funds management, and pay-outs disbursement solution at the Singapore Fintech Festival 2022. Rather than set up and

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Standard Chartered Launches Its Payouts-as-a-Service Solution at SFF 2022

Standard Chartered presented its Payouts-as-a-Service (PaaS) solution on the first day of the Singapore Fintech Festival today. Clients can integrate the bank’s PaaS APIs into their digital commerce platforms to embed and automate the transaction journey of their complex payout

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Paxos Gets the Green Light From MAS for a Full DPT License

Blockchain infrastructure platform Paxos has received a license from the Monetary Authority of Singapore (MAS) to offer digital payment token services as a Major Payments Institution. The license enables Paxos to offer digital asset and blockchain products and services, as

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Proxtera Launches a Multi-Currency Exchange for ASEAN and African Currencies

Proxtera has launched the beta version of a multi-currency exchange platform, the Emerging Markets Currency Exchange or EMCX, in partnership with WorldFirst, Liquid Group, Thunes and Wise. The EMCX digital hub is being trialed by Singapore SMEs trading across Africa

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Airwallex Partners With Atome to Enable BNPL Payments For Singapore Merchants

Payments company Airwallex partnered with buy now pay later (BNPL) provider Atome to enable its merchants in Singapore, Hong Kong, Indonesia, and Malaysia to offer BNPL as a payment option. The partnership, which was announced at the Singapore Fintech Festival,

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Wise Granted CMS License to Launch Its New Investment Product

Online money transfer service Wise has received a Capital Markets Services license from the Monetary Authority of Singapore (MAS), allowing it to bring its new investment product to the country. The announcement, which was made at the Singapore Fintech Festival,

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Australia vs New Zealand Payment Tech & What’s New in 2023

Australia and New Zealand. Two nations so alike, but in other ways so different; an antipodean version of the US and Canada, or England and Ireland. Finance forms one of those key differences, but the differences seen now are likely

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