Payments
Airwallex Appoints New Execs, Plans U.S. Office Expansion After Revenue Surge
Airwallex, a global payments and financial platform, has announced several new appointments to its leadership team as well as expansion plans for its operations in the United States. The company has appointed Jason Gottlieb as VP, Financial Partnerships, Hugo Buret
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Nium Now Licensed by Japan’s Regulator for Money Transfers Over US$300K
Global payments platform Nium announced that it has secured a payments license to conduct higher-value financial transactions from Japan’s Financial Services Agency (JFSA). According to Nium, it is the first international company to be granted the Type 1 Funds Transfer
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Tiger Brokers Singapore Unveils Debit Card with Instant Fractional Share Rewards
Xiaomi-backed online brokerage Tiger Brokers Singapore has collaborated with online money transfer service Wise to introduce the Tiger BOSS debit card. The debit card offers its users the opportunity to earn fractional shares with every dollar spent, which unlike cashback
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Revolut Expands ‘Mobile Wallet’ to S’pore for Transfers to Bangladesh and Kenya
Global neobank Revolut has expanded its services by launching the “Mobile Wallets” feature in Singapore, enabling customers to transfer money directly to Bangladesh and Kenya. Revolut plans to unveil additional wallet routes in the near future. This feature was first
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RBI Grants Payment Aggregator License to Amazon Pay in India
Amazon Pay has been granted a payment aggregator (PA) license by the Reserve Bank of India (RBI), marking a pivotal milestone for the digital payments arm of the e-commerce firm, Amazon India. This approval by RBI is not the first
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Netcetera and G+D Launch New 3DS Server in India to Enhance Digital Payments
Netcetera, a Swiss software company providing digital payment solutions, and Giesecke+Devrient (G+D) have launched a new 3D Secure (3DS) server instance in Mumbai, India, marking a significant step in supporting the expansion of global businesses into the region. This move comes
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HitPay Gets In-Principle Nod for Payment License in Singapore
HitPay, a provider of commerce infrastructure for small businesses, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) License. This approval positions HitPay to expand its services to include merchant acquisition along
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What Drives 53% of Singaporeans Away from Digital-Only Banking?
A plethora of technological advancements and geopolitical events repeatedly upend the banking industry. 2023 was no exception, marked by highly publicised bank failures, rising interest rates, and various global economic challenges. Amidst these upheavals, one constant emerged: People remain content
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Visa Launches Revamped Innovation Center in Singapore
Payment giant Visa has unveiled its newly transformed Innovation Center in Singapore which will serve as a collaborative space for partners, clients, and businesses across the Asia Pacific region, fostering the development of advanced payment solutions. As the digital payment
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What Is Dedicated SaaS and How Is It Reshaping Payments?
Software as a service (SaaS) is a significant part of the global software market, making up one-third of it, and is making an impact across various industries, including payments. New fintech companies leverage SaaS for swift product launches without significant
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