Payments

MAS Green Lights Payments Unicorn Airwallex to Operate in Singapore

Cross border payments company Airwallex, announced that its Singapore entity has been granted a Major Payment Institution License by the Monetary Authority of Singapore (MAS) under the Payment Services Act at the Singapore Fintech Festival 2021 today. With this license,

Read More

Mastercard Launches Crypto-Linked Cards with Amber Group, Bitkub, and CoinJar

Three cryptocurrency service providers Amber Group, newly minted crypto unicorn Bitkub in Thailand, and CoinJar in Australia will be launching crypto-linked Mastercard payment cards. All three of these digital asset service providers offer cryptocurrency purchase and exchange services in their

Read More

NETS Enhances Local SMEs’ Cross-Border Payments Capabilities With Alipay+ Integration

Network for Electronic Transfers (NETS), Singapore’s payment services group announced plans to integrate with Ant Group’s Alipay+ to further enhance the digital payments capabilities of its local merchants at the Singapore Fintech Festival 2021. Introduced by Ant Group since 2020,

Read More

Partior Pilots SGD and USD Settlements in Near Real Time With Participating Banks

Partior, a blockchain technology provider for payments clearing and settlement, announced that it is operational and has begun its first pilot with participating banks, achieving end-to-end settlements in SGD and USD of less than 120 seconds. The new platform uses

Read More

Nium Launches Crypto As a Service Platform in the U.S

Singapore’s payment unicorn Nium,  today launched its Crypto-as-a-Service (CaaS) solution. Initial API-based elements from the new Crypto-as-a-Service offering will allow financial institutions to add in-demand capabilities for cryptocurrency investment. The cryptocurrency investment services will support five cryptocurrencies in the U.S.

Read More

Flex’s Advanced Spend Controls & Automated Accounting Help Save Time and Costs

Managing a business involves a whole host of administrative duties. For a small and medium enterprise (SME) owner with a small team, this means wearing multiple hats: marketing the business, managing manpower, paying for rent. Expenses are varied and there

Read More

Global Processing Services Raises US$300 Million From Advent, Viking

Payment technology platform Global Processing Services (GPS) announced it has raised over US$300 million from Advent International and Viking Global Investors, who will co-control the company. The investment by Advent will be funded through Advent Tech and Sunley House Capital,

Read More

CIMB Vietnam and Finhay Releases Smart Credit Card

CIMB Vietnam has officially introduced the issuance of its CIMB-Finhay credit card on the Finhay app through digital onboarding without the need for any documentations. The launch opens up opportunities for many Vietnamese people to own credit cards, popularising financial

Read More

MAS Green Lights DBS’ Brokerage Arm for Digital Payment Token Services

DBS Vickers (DBSV), the brokerage arm of DBS Bank, announced that it has received formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as a Major Payment Institution.

Read More

Mobile Payment Options for Singapore Used by Major Operators

As more and more of our daily lives take place online, companies have realised that making it possible for customers to make payments digitally is an essential part of doing business. The days of mailing payments in are on their

Read More