Search Results for: e-wallets

March 29, 2024 @ 5:51 pm By Omar Faridi  |  

Australian digital wallet provider and payment startup Stables has announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people… Read More

March 9, 2024 @ 2:07 pm By Michael Wong  |  

Chinese Fintech firm Ant Group has announced substantial increases in transaction limits for international travelers using its cross-border payment services. Effective immediately, the single-transaction limit has been raised from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000. This policy change,… Read More

February 29, 2024 @ 11:19 am By JD Alois  |  

Cross-border payments firm Clear Junction has joined the UK Cryptoasset Business Council (UKCBC). The UKCBC advocates on behalf of the digital assets/crypto sector in the UK. According to a note from the UKCBC, crypto is at a key inflection point due to MiCA, and ETFs,… Read More

February 24, 2024 @ 2:13 pm By Omar Faridi  |  

Data from Ant Group reportedly shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the Covid-19 pandemic, especially in cross-border tourism. Through the Alipay+ cross-border mobile payment technology solutions, Chinese travelers may pay “for goods, food… Read More

February 14, 2024 @ 6:14 pm By Omar Faridi  |  

Tonik Digital Bank announces its newest strategic collaboration with Southeast Asian payment gateway, Xendit. The partnership marks a significant milestone for both companies, “as they join forces to deliver secure, convenient, and customer-centric financial solutions.” The partnership with Xendit will further “enrich Tonik’s ecosystem by… Read More

January 28, 2024 @ 9:17 pm By Omar Faridi  |  

NayaPay, a financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set “to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including… Read More

January 13, 2024 @ 11:20 am By Tony Zerucha  |  

Payments company TodayPay, a Fintech developing Refunds as a Service, today appointed Visa executive Mike West as a strategic advisor. The announcement was made at the Consumer Electronics Show. West led Visa Direct’s international commercialization and network expansion by launching new use cases, payment capabilities and value-added… Read More

January 4, 2024 @ 11:07 pm By Omar Faridi  |  

Dubai Duty Free, which claims to be one of the largest travel retail operators, announced its partnership with Alipay+ in order “to power a seamless travel and checkout experience for international visitors.” Consumers from South Korea, Singapore, the Philippines, Thailand, Mongolia, Italy as well as… Read More

December 18, 2023 @ 9:25 pm By Omar Faridi  |  

Research from Coda, the global firm focused on content monetization solutions for gaming and digital publishers, and Niko Partners, the provider of market intelligence on the video game industry in Asia and MENA, dives into “the evolving landscape of the gaming industry, and the opportunities… Read More

December 13, 2023 @ 7:11 pm By Omar Faridi  |  

ClearBank is providing LemFi with agency banking services to enhance international payment services for emerging market immigrants in North America and Europe. ClearBank, the enabler of real-time clearing and embedded banking for financial institutions,  announced its partnership with LemFi (formerly known as Lemonade Finance), a… Read More

November 19, 2023 @ 2:09 pm By Michael Wong  |  

Ant International, Grab, and StraitsX have announced a collaborative effort to explore the potential application of Purpose Bound Money (PBM) in cross-border payments. PBM is a protocol that specifies the conditions upon which an underlying digital currency can be used and first introduced by MAS… Read More

November 5, 2023 @ 8:22 pm By Michael Wong  |  

A recent study conducted by the United Overseas Bank (OUB) suggests that Vietnamese consumers are increasingly turning to digital banking and modern payment methods, with convenience and speed as among the major factors cited for the preference. The report, “ASEAN Consumer Sentiment Study”, indicates a significant… Read More

September 28, 2023 @ 10:08 pm By Omar Faridi  |  

Rapyd, a global fintech firm, announced the expansion of its card acquiring solution to Singapore. This solution, when combined with Rapyd’s core Fintech as a Service platform, equips local businesses with the tools “to elevate their market presence locally and extend their global reach to… Read More

September 24, 2023 @ 8:07 pm By Tony Zerucha  |  

The Payments Association, a United Kingdom-based payments organization, presented its report, Navigating the rising cost of living: Payments innovation as a game-changer at Parliament last week. The report identifies three groups of people newly at risk of financial exclusion and provides recommendations for building a… Read More

September 6, 2023 @ 3:38 pm By JD Alois  |  

EBANX, global company specializing in payments for rising markets, will hold the seventh edition of its Payments Summit, taking place in the city of São Paulo, in Brazil, from September 18th to 20th. This year’s Payments Summit brings together world-leading experts to discuss recent developments… Read More

September 5, 2023 @ 9:13 am By Omar Faridi  |  

Clear Junction, the global cross-border payments solution provider, has announced it has been granted ISO 27001 certification, the highest global standard that corporates can achieve for information security. With this globally trusted stamp of approval, Clear Junction assures clients and their customers that their transaction… Read More

August 30, 2023 @ 8:47 pm By Omar Faridi  |  

More Asian travelers to Malaysia will enjoy a seamless digital payment experience at over 1.8 million merchants across the country while Malaysian residents will be able to pay with e-wallets of their home country abroad, thanks to a MOU signed recently between Payments Network Malaysia… Read More

August 15, 2023 @ 8:48 pm By Omar Faridi  |  

In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as the Official Prestige Partner of Asia’s largest sports event in 2023. As a native of Hangzhou, the host city of the Games… Read More

August 10, 2023 @ 12:25 pm By Omar Faridi  |  

Tookitaki, a trusted leader in the anti-money laundering space, announced the launch of its Compliance-as-a–Service (CaaS) solution for small and mid-size financial institutions globally. This innovative SaaS offering, optimized “for cost and efficiency, gives financial institutions (FIs) access to Tookitaki’s flagship compliance solution – the… Read More

August 9, 2023 @ 12:15 pm By Omar Faridi  |  

On July 30th, 2015, the Genesis block of Ethereum was created. Eight years later, today Ethereum is the dominant blockchain network “with growing developer interest, lower transaction fees, and faster settlement times.” Yet, fewer than 0.5% of the 100 million developers worldwide “are actively building… Read More