Tag "Nets"

NETS Announces Two New Board Appointments From OCBC

Network for Electronic Transfers (NETS) announced that Sunny Quek and Melvyn Low have been appointed to its Board of Directors, effective 1st November 2021 onwards. Sunny Quek, who is OCBC’s Head of Consumer Financial Services,  succeeds Ching Wei Hong, the

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NETS Enhances Local SMEs’ Cross-Border Payments Capabilities With Alipay+ Integration

Network for Electronic Transfers (NETS), Singapore’s payment services group announced plans to integrate with Ant Group’s Alipay+ to further enhance the digital payments capabilities of its local merchants at the Singapore Fintech Festival 2021. Introduced by Ant Group since 2020,

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NETS Appoints UOB’s Head of Group Tech and Operations as New Chairman

Network for Electronic Transfers (NETS), a Singaporean electronic payment service provider, announced the appointment of Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman, her appointment takes effect from 1 September 2021 onwards. The chairmanship of

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Bring Colour Back to the South East Asian Payments Landscape

For the global banking and finance industry, Southeast Asia (SEA) has established itself as a key region in terms of innovation and growth opportunities in real-time payments. Underlying this is the fact that SEA’s internet economy is projected to triple

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NETS Partners Singtel for Cross-Border Digital Payment Services

Network for Electronic Transfers (NETS) plans to accelerate the development and delivery of its digital cross-border payment services, leveraging Singtel’s ConnectPlus Managed Network and Amazon Web Services’ (AWS’) cloud computing platform. This collaboration will pave the way for Singaporeans to

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NETS Group Appoints New CEO

Network for Electronic Transfers (NETS) announced today that Lawrence Chan has been appointed Group Chief Executive Officer, with effect from 22 June 2020. Chan joins the NETS team with over two decades of payments experience, and a strong track record

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Singtel’s NCS Partners NETS to Develop New e-Payment Platform for Central Banks in Asia Pacific

NCS today signed a memorandum of understanding (MOU) with the Network for Electronic Transfers (NETS) Group to develop a new real-time Electronic Payment and Securities Settlement Platform for central banks. The collaboration brings together NCS’ capabilities in building highly secure,

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NETS ATM Card Payments Now Available in 7,400 Spots in Malaysia

Network for Electronic Transfers (NETS) and its Malaysia equivalent, PayNet,  announced today the launch of a real-time cross border payments usage of NETS ATM cards in Malaysia and vice versa. In April 2019, the joint statement by Tun Dr Mahathir

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NETS CEO Jeffrey Goh Steps Down

Network for Electronic Transfers (NETS) announced today that Group Chief Executive Officer Jeffrey Goh will be stepping down from his position and all other appointments within the NETS Group of companies, effective November 22, 2019. Mr Goh will be pursuing

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NETS and ComfortDelGro Launch In-App Payment for NETS Users

NETS and ComfortDelGro Taxi announced the launch of NETS’ new in-app payment method for taxi bookings and street hail trips made through the ComfortDelGro Taxi Booking App. Named NETS Click, the initiative enables consumers to use their NETS bank cards

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