Search Results for: e-wallet

May 11, 2025 @ 11:56 am By Michael Wong  |  

Development finance institutions Swedfund, Finnfund, and the Belgian Investment Company for Developing Countries (BIO) have jointly committed $55 million in loans to Indonesian microfinance platform Amartha, the groups said in a joint statement. The financing is part of a broader syndicated facility of up to… Read More

May 3, 2025 @ 10:22 am By Michael Wong  |  

Vietnam will begin a two-year regulatory sandbox for selected fintech services, including peer-to-peer (P2P) lending, credit scoring, and open banking data sharing, starting July 1, under a government decree issued earlier this week. Decree 94, released on April 29, establishes a controlled testing environment for… Read More

April 27, 2025 @ 11:40 pm By Omar Faridi  |  

The digital payment landscape is evolving rapidly, with recent developments highlighting the strengths and challenges of various providers. According to a study by Consumer Reports, digital wallets from fintech companies like Block and PayPal offer improved fraud monitoring and liability protection compared to those from… Read More

April 27, 2025 @ 5:40 pm By Michael Wong  |  

Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More

April 4, 2025 @ 8:10 am By Omar Faridi  |  

Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms, selected Mangopay’s flexible wallet-based payment solution to optimize and automate its embedded finance product. The collab builds on the partnership between the two companies, with the integration of Mangopay’s technology “powering Aria’s international… Read More

February 26, 2025 @ 8:22 am By Omar Faridi  |  

American Express (NYSE: AXP) and Alipay announced a feature aimed at enhancing payment convenience for travelers in China. Eligible global American Express Card Members can link their Cards to the Alipay digital wallet, enabling payments at merchants across the Chinese mainland. This initiative simplifies transactions… Read More

January 26, 2025 @ 8:04 pm By Michael Wong  |  

Malaysia-listed digital services firm MY E.G. Services Berhad (MYEG) announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MYIDSSB) to develop a blockchain-powered national digital identity platform, the MyDigital ID Superapp, aimed at combating online fraud and enhancing digital integration. The partnership, formalized through… Read More

January 8, 2025 @ 8:07 pm By Omar Faridi  |  

Blockstream, the global firm focused on Bitcoin infrastructure technology,  marked ‘Bitcoin Genesis Day’—the anniversary of Bitcoin’s first block mined on January 3, 2009—with the launch of its latest “fully-open source” hardware wallet: Blockstream Jade Plus. With a new design, enhanced usability, and advanced security features… Read More

January 2, 2025 @ 8:40 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More

December 29, 2024 @ 8:08 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Majd Saudi Payments” to provide E-wallet solutions. With Majd Saudi Payments, there are now “26 licensed companies offering payment services” in Saudi Arabia. This decision reflects SAMA’s goal to support the payments sector, increase the efficiency of financial transactions,… Read More

December 23, 2024 @ 10:40 am By Omar Faridi  |  

Starting Monday, December 23, 2024, Coinbase (NASDAQ:COIN) is reportedly bringing onchain payments to the big screen at Regal. For two weeks during the holidays / festive season, U.S. moviegoers are able to take advantage of a 10% discount on tickets and concessions when they can… Read More

December 13, 2024 @ 12:45 pm By Omar Faridi  |  

Kuady, a payments service processor, announced key updates in its Latin American expansion, with the launch of its digital wallet services in Ecuador and the roll-out of its virtual prepaid Mastercard in Argentina. These developments underscore Kuady’s commitment to driving financial inclusion and delivering payment… Read More

December 9, 2024 @ 8:33 am By Omar Faridi  |  

Brighty, a digital finance platform that enables crypto-card payments in the real world, announces a $10 million round from Futurecraft Ventures. The funds will be used to expand its presence in Europe and the UK. Brighty is a personal finance app that combines traditional digital… Read More

December 6, 2024 @ 9:10 pm By Michael Wong  |  

Ant International has joined Swift’s Network Interoperability Reference Implementation program, becoming part of a select group of global payment service providers (PSPs) working to enhance interoperability across cross-border payment systems. The initiative, announced on Friday, is structured as a pre-pilot designed to improve payment transparency… Read More

November 8, 2024 @ 5:53 pm By Omar Faridi  |  

Ant International, a digital payment and financial technology provider headquartered in Singapore, has been enhancing its integration of AI technologies to support and secure millions of daily cross-border transactions for merchants across 200+ markets. Yang Peng, Chief Executive Officer of Ant International said that integration… Read More

November 7, 2024 @ 8:51 am By Omar Faridi  |  

CertiK has shared a security assessment focused on Web3 desktop wallets. As explained in an extensive update by the team at CertiK, desktop wallets play a key role in the Web3 ecosystem, providing users with a means to manage their digital assets within decentralized networks…. Read More

November 5, 2024 @ 7:15 am By Omar Faridi  |  

Wise (LSE:WISE), the tech company building the “best” way to move and manage the world’s money has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus. Wise claims… Read More

October 29, 2024 @ 7:33 am By Omar Faridi  |  

Kuady, a payments service processor, has recnetly announced the expansion of its digital wallet services into Mexico, a move that is further building on its  rollout in Peru, Chile as well as Argentina. This latest business expansion effort offers a seamless and secure experience for… Read More

October 24, 2024 @ 8:10 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, has recnetly announced its Direct Global Network now provides banks with access to more than 3 billion mobile wallets across the globe via their existing Swift connectivity. Thunes’ network capability allows financial institutions connected… Read More

October 17, 2024 @ 8:18 am By Omar Faridi  |  

Fintech Storfund has deepened its partnership with Mangopay, a modular and flexible payment infrastructure provider for platforms. Building on the two companies’ established partnership, Storfund will now leverage Mangopay’s embedded wallet, local accounts, and FX solutions in order to enhance the support it provides on… Read More