Tag "Airwallex"

Airwallex Taps Generative AI to Speed Up KYC, Reduces False Positives by 50%

Payments company Airwallex has introduced a generative AI tool to improve its customer onboarding process. The new tool, which utilises large language models (LLMs), aims to expedite the company’s “Know Your Customer” (KYC) assessments. According to Airwallex, the introduction of

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Singapore Airlines’ Kris+ Expands Lifestyle Rewards in Australia with Airwallex

Singapore Airlines has announced a partnership with global fintech platform Airwallex to enhance its Kris+ lifestyle rewards app in Australia. This collaboration aims to benefit over 1.3 million KrisFlyer members in Australia. Kris+, known for offering discounts in dining, retail,

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Over 80% of SMEs Seek Alternatives to Traditional Banks for Payments

A new survey by Airwallex and consultancy Edgar, Dunn & Company has revealed surging demand for cloud-based financial services among small and medium-sized enterprises (SMEs), with more than 80% looking to switch away from traditional banks for their payment needs.

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Airwallex Customers Can Now Accept Amex Card Payments

Payments company Airwallex has partnered with American Express to expand its payment capabilities for its customers in Australia, Hong Kong, Singapore and the United Kingdom. Airwallex customers in these countries will now be able to accept American Express Card payments

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Airwallex Appoints Kai Wu as Its First Singapore-Based C-Suite Exec

Payments company Airwallex announced that it has appointed Kai Wu as its Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai He will lead the new functions from Singapore, making this the company’s first C-suite executive in the

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Airwallex Partners With Atome to Enable BNPL Payments For Singapore Merchants

Payments company Airwallex partnered with buy now pay later (BNPL) provider Atome to enable its merchants in Singapore, Hong Kong, Indonesia, and Malaysia to offer BNPL as a payment option. The partnership, which was announced at the Singapore Fintech Festival,

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Airwallex Rolls Out Virtual Business Debit Cards and Expenses Solution in Singapore

Global fintech Airwallex announced the launch of its Airwallex Borderless Card for its Singaporean customers today. The Airwallex Borderless Card is a virtual multi-currency Visa business debit card that enables businesses to easily make online card payments anywhere that Visa

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Airwallex Officially Kicks off in Singapore

Cross border payments company Airwallex announced its official launch in Singapore, following its grant of a Major Payment Institution (MPI) license by the Monetary Authority of Singapore and a beta launch in November last year. Singapore businesses will now have

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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,

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Singapore is Now Considering Virtual Banking Licenses Too—Here’s Why

The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless, it’s gotten a lot of attention. To date, four licensees will be ready to go to market before the year

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