Payments
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
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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.
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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
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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,
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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
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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.
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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
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Payments Firm OY! Indonesia Bags US$30 Million in Series A Led by SoftBank
Indonesian payments aggregator OY! Indonesia announced that it has raised US$30 million (Rp. 443.2 billion) in a Series A funding round led by SoftBank Ventures Asia (SBVA). The financing round was also joined by other prominent investors such as MDI,
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Google Pay Ties up With Fave to Offer Singaporean Users Loyalty Cashback
Fave, a fintech platform providing QR payments to restaurants and retailers, has announced a partnership with Google Pay to offer cashback to its Singaporean users. Merchants will now be able to connect with Google Pay users via the FavePay SGQR
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YouTrip Sets up Innovation Lab to Expand Team Ahead of Brand Revamp
Singapore’s multi-currency travel wallet YouTrip announced that it will be establishing an innovation lab in the country to fast-track its technology capabilities and product development. YouTrip’s expanded workforce in the innovation lab will be crucial in driving the development of
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