Payments

Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGram

Blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers. The integration and implementation of Lightnet’s technology with MoneyGram‘s money transfer services provides customers with a wide selection of payout services across

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2021 Lunar New Year: Virtual Red Envelopes, E-Hongbaos in the Spotlight

The 2021 Lunar New Year is just around the corner and authorities are encouraging people to turn to virtual red packets and digital transactions, instead of physical bills and envelops, an alternative that’s more environmentally friendly and which is of

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TransferWise and Visa Expands Global Partnership

Visa and TransferWise, a London-based online money transfer service, announced a global partnership and the first use of Visa Cloud Connect. This enables fintech startups and partners to securely connect to VisaNet, Visa’s global processing network, through the public cloud.

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Omise Selects Netcetera’s 3-D Secure Server to Secure Online Payments in Asia

Omise, a Thailand-based online payments platform, has selected the Netcetera 3-D Secure Server to secure its online payment transactions in the APAC region set to go live by January 2021. Netcetera, a Swiss software company offering digital payment solutions, offers

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Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers

We are experiencing more change in the payments space than we have over the past thirty years. This is an exciting time to be involved in payments. As we begin 2021, Accuity’s payments specialists look ahead to identify four digital

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Payments Specialist PPRO Achieves Unicorn Status With US$180 Million New Funding

PPRO, a London-based payments infrastructure provider, announced over US$ 180 million in new investment which pushed its valuation to over US$ 1 billion. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the

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Former WeWork Regional MD Launches Buy Now, Pay Later Solution With 7-Figure Funding

Entrepreneur Turochas “T” Fuad who had previously founded Spacemob and Travelmob, has launched his latest venture Pace Enterprise, a Buy Now Pay Later (BNPL) solution that facilitates extended buying limits to underserved segments. Pace raised a seven-figure seed round co-led

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Singaporeans Encouraged to Hand Out E-Hong Baos for Lunar New Year

The Monetary Authority of Singapore (MAS) is encouraging Singaporeans to use e-hong baos, monetary gifts given in envelopes, during the coming Lunar New Year. This is in line with the safety measures currently in place due to COVID-19. E-hong baos

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Mastercard Pilots Cloud Payment Acceptance Solution on Smartphones

Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), a California based independent IT services provider. Its software is hosted on Microsoft’s Azure Cloud platform.

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5 E-Commerce Payment Trends to Watch out for in 2021

COVID-19 has accelerated consumers’ shift to digital channels with online shopping volumes reaching new highs around the world. In Southeast Asia, e-commerce has emerged as the growth engine for the region’s digital economy, growing 63% to reach US$62 billion in

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