Thunes and Hyperwallet, a PayPal Service, Expand Payout Access for Merchants Across Asia-Pacific Thunes, Posted January 14, 2024 Thunes, the Smart Superhighway to move money around the world, today welcomes Hyperwallet, a PayPal service for global payouts, as a Member of Thunes’ Direct Global Network. As part of this network, Hyperwallet customers can quickly and […]
Visa and LianLian Global launch Yueda Card to streamline cross-border business payments Fintech Global, Posted November 28, 2024 Visa, a global leader in digital payments, and LianLian Global, a prominent cross-border payment solution provider, have announced the launch of the Yueda Card. This collaboration aims to enhance cross-border payment experiences for businesses, particularly SMEs and […]
SimCorp renews partnership with Deutsche Bank to expand into APAC IBS Intelligence, Posted November 27, 2024 SimCorp, a global financial technology company, and Deutsche Bank Securities Services have announced the extension of their longstanding partnership. This renewed agreement, first set in 2006, will enable Deutsche Bank to continue delivering integrated fund administration and accounting services […]
Cross-border payments between Nepalpay QR and Alipay+ launched Finextra, Posted November 8, 2024 Nepal Clearing House Limited (NCHL), prominent operator driving majority of the digital payment systems in Nepal, and Ant International, a digital payment and financial technology leader, have jointly announced the launch of cross-border payments between NEPALPAY QR and Alipay+. The launch was […]
GCash, Maya face scrutiny in Philippines over gambling addiction Tech in Asia, Posted October 24, 2024 The GCash mobile payment app is under scrutiny in the Philippines due to a reported increase in online gambling addiction, primarily affecting women. The app, with over 90 million users, connects individuals to platforms like Bingo Plus and Arena […]
Singtel to sell Dash mobile wallet to Western Union The Business Times, Posted October 24, 2024 TELCO giant Singtel has inked a conditional agreement to sell its e-wallet app Dash to financial services firm Western Union. The sale is part of Singtel’s ongoing measures to simplify its structure and portfolio to boost innovation and growth […]
Cashfree Payments rolls out NPCI-Certified UPI Switch The Paypers, Posted October 15, 2024 Cashfree Payments has received certification from the National Payments Corporation of India (NPCI) for its UPI (Acquiring) Switch, which has now begun processing transactions. The UPI Switch facilitates communication between core banking systems and NPCI’s UPI infrastructure, ensuring reliable and efficient transaction […]
Maybank Announces Investment in Funding Societies, Southeast Asia’s MSME Digital Finance Platform Crowdfund Insider, Posted September 16, 2024 Maybank, a dedicated banking partner to more than 1 million small and medium enterprises across ASEAN, today announced a strategic investment in FundingSocieties | Modalku (Funding Societies), which is said to be the largest unified digital finance […]
JST Digital Obtains In-Principle Approval for Major Payment Institution License from Monetary Authority of Singapore Crowdfund Insider, Posted September 11, 2024 JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. (JST Singapore) has received an in-principle approval for a Major Payment Institution (MPI) license from […]
SBI General Insurance, HSBC seal bancassurance partnership Insurance Asia, Posted 7 August , 2024 SBI General Insurance announced its bancassurance partnership with HSBC India to offer non-life insurance plans. “We are pleased to announce a strategic bancassurance partnership between SBI General Insurance and HSBC India,” the insurer said in a LinkedIn post. “By leveraging HSBC’s […]