Visa launches SME online toolkit in Vietnam The Paypers, Posted 1 August , 2024 Multinational payment card services corporation Visa has announced that it introduced an online toolkit meant to support merchants in Vietnam to fully benefit from its digital payment solutions. By launching the resources, Visa intends to allow merchants in Vietnam, more specifically […]
MAS promises USD 75 million for advancing quantum and AI Central Banking, Posted July 19, 2024 The Monetary Authority of Singapore (MAS) has announced its commitment to provide nearly USD 75 million to advance quantum and AI features in the financial landscape. Under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0), MAS promised […]
MAS announces additional $100 mil funding for FIs pursuing AI, quantum projects The Edge Singapore, Posted July 18, 2024 Singapore’s central bank and regulator is getting serious about AI and quantum computing — and it is putting money where its mouth is. The Monetary Authority of Singapore (MAS) says it will provide an additional $100 […]
Ant International Acquires MultiSafepay to Bolster European SME Payments Fintech News Singapore, Posted July 2, 2024 Ant International has acquired Amsterdam-based payment service provider MultiSafepay, integrating it into its Antom division, a payment and digitisation services provider. The financial details of the deal was not disclosed. The acquisition aims to enhance payment solutions and digital services […]
Southeast Asia’s Grab Now Helping 35.5M Consumers with Everyday Services Including Making Digital Payments Crowdfund insider, Posted June 12, 2024 n 2023—as economies fully reopened and travel resumed—Grab (NASDAQ: GRAB) says that its mobility business rebounded and their deliveries business showed remarkable resilience amidst rising inflation. Grab claims that they grew their user base. As […]
HitPay obtains MPI licence from MAS The Paypers, Posted June 6, 2024 Singapore-based commerce platform for SMEs HitPay has announced that it received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). As per the information detailed in the press release, HitPay secured its MPI licence from MAS following the receipt […]
Aspire expands services in Hong Kong The Paypers, Posted May 29, 2024 Singapore-based all-in-one finance platform Aspire has announced it secured a Money Service Operator (MSO) licence from the Hong Kong Customs and Excise Department. In a bid to expand its operations across its home country of Singapore, Aspire received an MSO licence in Hong […]
Stripe to enter the Indian payments ecosystem The Paypers, Posted May 22, 2024 Global digital payments startup Stripe has partnered with SBI Payments Limited to foray into the Indian payments ecosystem. Specifically, Stripe intends to establish a joint venture with State Bank of India and is looking to acquire a significant stake in SBI Payments […]
Amazon Pay explores credit on UPI through collaboration with NPCI Business Standard, Posted April 16, 2024 Amazon Pay is looking to introduce credit services on the Unified Payments Interface (UPI) platform in collaboration with the National Payments Corporation of India (NPCI). This initiative aims to enhance customer experience and value propositions, Vikas Bansal, Amazon Pay […]
GrabPay cards discontinued for Singapore and Philippines users The Paypers, Posted April 4, 2024 From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline. The GrabPay Card, an extension of the GrabPay Wallet e-wallet, […]