Tagged: asia pacific

October 22, 2021 @ 9:18 am By Omar Faridi  |  

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

October 10, 2021 @ 4:38 pm By Omar Faridi  |  

Payments are entering a new “experience-driven” era (Payments 4.X1), “ushered in by an accelerated transformation timeline” because of the Coronavirus crisis and the increasing virtual appetite of clients, according to the World Payments Report 2021 released by Capgemini. As noted in a release: “With the… Read More

September 13, 2021 @ 6:19 pm By JD Alois  |  

Making certain a person or business is actually who or what they claim to be is very important. In a world that has migrated to virtual offices and digital meetings, the task of validation is an even greater necessity. AsiaVerify is a Regtech firm based… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

August 31, 2021 @ 11:18 am By Omar Faridi  |  

Stripe, a tech firm that develops vital economic infrastructure for the Internet, has extended ts partnership with China’s UnionPay International, which is one of the biggest payment networks in the world. The updated integration should enable businesses in over 30 different markets, including Australia, Singapore,… Read More

August 30, 2021 @ 9:17 pm By Omar Faridi  |  

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More

August 24, 2021 @ 3:00 am By JD Alois  |  

Visa (NYSE:V) has partnered with Ascenda, a loyalty solution for banks seeking a deeper customer relationship, to utilize the company’s Nexus platform across the Asia Pacific region. Ascenda says that the increase in e-commerce has generated new opportunities to engage users before, during and after… Read More

August 16, 2021 @ 8:37 pm By Omar Faridi  |  

Vesta, the only “instant, end-to-end” transaction guarantee platform for making online purchases, recently revealed that it has been chosen by Bukalapak, which is one of Indonesia’s biggest tech firms. According to a release, Bukalapak will be leveraging Vesta’s extensive fraud prevention solution “to maximize approvals… Read More

August 11, 2021 @ 11:38 am By Omar Faridi  |  

Big Four auditing firm KPMG is reporting record-breaking VC investment in Fintech-focused businesses during H1 2021. KPMG’s Pulse of Fintech report reveals that investment into Fintech firms during H1 of this year reached $98 billion. Nearly $100 billion was allocated towards Fintech investment (M&A, PE… Read More

July 13, 2021 @ 11:22 pm By Tony Zerucha  |  

Strong growth in the global peer-to-peer (P2P) money transfer market is among the findings included in a new report from Research and Markets. The mobile P2P global money transfer market is expected to grow at a CAGR in excess of 18 per cent between now… Read More

June 24, 2021 @ 8:42 am By Omar Faridi  |  

Currencycloud, the Fintech firm that aims to simply and streamline business in a multi-currency environment, has introduced its Bold Academy – which is described as a knowledge-sharing program for Series A-funded startups or early-stage ventures. The Bold Academy has been launched along with an update… Read More

June 24, 2021 @ 12:14 am By Omar Faridi  |  

Mobiquity, a full-service digital transformation service provider, revealed that it has expanded its operations into the Asia-Pacific. The company’s APAC expansion will be supported by the appointment of ex- Microsoft and IBM Director, Gustavo Quiroga, who will be serving as Vice President of Business Development… Read More

June 1, 2021 @ 5:31 pm By Omar Faridi  |  

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Tuesday (June 1, 2021) that it has hired Ian Strudwick  to serve as the company’s GM and Head of Asia Pacific (APAC). Ian’s appointment is effective immediately. His appointment has come after David Ingleson… Read More

May 26, 2021 @ 10:05 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and the Mojaloop Foundation revealed on Wednesday (May 26, 2021) that MAS will be joining the Mojaloop Foundation as a Sponsor-level member in order to collaborate on offering the underserved access to “affordable” financial services via digital currency based settlement… Read More

May 16, 2021 @ 11:48 pm By Omar Faridi  |  

UK-based Paysend, a Fintech firm with the goal to develop the “next generation” of integrated global payment solutions that will save time, money and serve millions, has announced that it will be expanding its operations to the APAC region. Paysend reports reaching over 3.5 million… Read More

May 15, 2021 @ 7:18 pm By Omar Faridi  |  

The Fintech Innovation Lab Asia Pacific program has now returned for its eighth edition this year with additional opportunities for early-stage and high-potential startups. Cyberport, a founding partner, will be giving finalists from the 2021 cohort the chance to take part in the 2-year (or… Read More

April 24, 2021 @ 7:37 pm By Omar Faridi  |  

London-based Currencycloud, an established provider of B2B embedded cross-border solutions, recently revealed that it has launched an Asia Pacific (APAC) headquarters in Singapore. Currencycloud‘s new business office, based in Raffles Quay, will act as a hub to help the UK-headquartered Fintech with expanding operations across… Read More

February 25, 2021 @ 11:52 pm By Omar Faridi  |  

Dublin-based Fenergo, a Fintech company focused on supporting digital transformation initiatives, has announced the appointment of a new Asia Head of Sales who will be leading growth operations and executing on Fenergo’s innovative Cloud strategy in the APAC region. Fenergo has hired Gary Brookes to… Read More

February 25, 2021 @ 11:39 pm By Omar Faridi  |  

BlockFi Inc., a financial services firm that’s focused on creating a bridge between digital currencies and traditional financial and wealth management products, has revealed that it has launched a Private Client Services offering for investors in the APAC region. BlockFi confirms that the new initiative… Read More

February 24, 2021 @ 9:46 pm By Omar Faridi  |  

Pulse of Fintech H2’20, a bi-annual report on international Fintech investment developments released by KPMG, notes that global Fintech funding across mergers-and-acquisitions (M&A), private equity (PE) and venture capital (VC) stood at $105 billion across 2,861 different deals in 2020. This was reportedly the third-highest… Read More