Payments
Singapore Fintech Tazapay Raises US$16.9 Million Series A Led by Sequoia
Cross-border payments firm Tazapay announced that it has raised US$ 16.9 million in its Series A funding round led by Sequoia Capital Southeast Asia. The round was joined by new investors EscapeVelocity, PayPal Alumni Fund as well as angel investor
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Global Payments Firm BPC Appoints New Managing Director for Pakistan
Global payments firm BPC announced the appointment of Furrukh Ali Baig as Managing Director for the South Asian region. Ali Baig has been at the helm of BPC’s business development team for the last six years and has 12 years
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FIS Powers Real-Time Payments for Singapore’s Trust Bank
Payments service provider FIS announced that it will power real-time payment transactions for Singapore’s digital bank Trust. Trust Bank will utilise the FIS Open Payments Framework (OPF) which is an agile and innovative ISO 20022-native real-time payments platform to facilitate
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Fiserv Secures Payment License From MAS
Fiserv, a payment solutions provider for merchants in Singapore, announced that its local operating entity has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). The license allows Fiserv to provide merchant acquisition services
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Samsung Wallet Begins Roll Out in Singapore and 7 Other Markets
Samsung Wallet will be rolled out in eight new markets, including Singapore, Malaysia, India, Hong Kong, Taiwan, Australia, Brazil, and Canada starting at the end of January. The wallet is a platform that enables Galaxy users to organise digital keys,
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Innovative Technology Remedies Almost 100% Of Payment Pain Points in APAC
The Asia-Pacific region, with 13 countries that process US$17.8 billion in digital payments per year, tends to invite issues as big as the region itself. As we kick-start 2023, banks and financial institutions (FIs) in the region will be pleased
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Insiders Reveal Top ASEAN Payments Predictions in 2023
Heading into 2023, it is a time of uncertainty for financial institutions offering payments. There is strong economic pressure on companies dealing in finance and technology globally, including in the ASEAN region due to a variety of macroeconomic factors. It’s
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MAS Grants In-Principle Approval to Payments Firm Flywire
Payments firm Flywire announced that it has secured in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore (MAS). With the in-principle approval, Flywire will be able to provide domestic money transfer services, cross-border money transfer
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Payments Firm HPS Sets up New Singapore Office to Support Asia Growth
HPS, a global provider of payment solutions and services, announced the opening of a new office in Singapore to support its continued growth in Asia. The company first established a presence in Singapore in 2017 to take advantage of Asia’s
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Licensed Crypto Payment Gateway TripleA Appoints Elodie Trichet as New COO
TripleA, a crypto payment gateway licensed by the Monetary Authority of Singapore (MAS) has appointed Elodie Trichet as its Chief Operating Officer. A payments veteran, Elodie brings over 18 years of international online payments experience globally. Elodie was Head of
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