Starting in 2025, Japan and the Association of Southeast Asian Nations (ASEAN) plan to unify QR code payment systems to simplify transactions and avoid the need for currency exchange, especially benefiting tourists. This move, as reported by Vietnam News Agency (VNA) and announced by Japan’s… Read More
Read more in: Fintech, Asia | Tagged asean, cross-border payment, japan, payments, qr code
Nium, a real-time cross-border payments firm based in the United States and Singapore, has achieved a significant milestone by becoming the first non-Japanese company to be granted a Type 1 Funds Transfer Service Provider (FTSP) license by the Japanese Financial Services Agency (JFSA). The license… Read More
Read more in: Fintech, Asia | Tagged cross-border payment, digital payment, japan, nium, singapore
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly introduced a real-time payment systems linkage connecting Singapore’s PayNow and Malaysia’s DuitNow. This initiative builds upon the earlier QR payment linkage announced on March 31, 2023, facilitating cross-border QR payments to merchants…. Read More
Read more in: Asia, Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation | Tagged cross-border payment, fintech, malaysia, payment linkage, payments, singapore
Visa Inc announced that it will introduce Account-to-Account (A2A) payments in the UAE through a partnership agreement with fintech firms ABHI and YellowPepper. In a statement, Visa said the collaboration aims to revolutionize the financial landscape by driving innovation, promoting financial inclusion, and accelerating the… Read More
Read more in: Fintech, Global | Tagged abhi, cross-border payment, earned wage access, fintech, payments, uae, visa, yellowpepper
xpate, the fast-growing simplified cross-border payment solution provider, has announced a “significant” expansion of its “disruptive” developer team, with 35 new team members onboard in order “to speed up building services aimed to enhance flexibility and data processing for merchants and acquirers.” The new appointments,… Read More
Read more in: Fintech | Tagged cross-border payment, new appointments, new hires, payments
Alexander Holmes, chairman and CEO at giant money transfer service MoneyGram (NASDAQ:MGI), says it was a “quiet quarter” for the company when it comes to developments related to its partnership with American Fintech firm, Ripple. Holmes, whose comments came during an earnings call for Q1… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged cross-border payment, intermex, international payments, International Transactions, money transfer service, moneygram, ripple, xrp
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