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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. The shift toward digitised payments brings heightened concerns about cybersecurity, fraud, and regulatory compliance.

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Nium Verify Launched to Combat US$118.5 Billion Payment Failure Problem

Fintech News

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. With payment failures costing the global economy an estimated US$118.5

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Is 2025 Finally the Year for Open Finance in Southeast Asia?

Fintech News

Southeast Asia is on the brink of a rapid expansion in open banking, with financial institutions leveraging open banking to enhance customer experiences, and fintech companies utilizing application programming interfaces (APIs) to revolutionising payments, lending, and more.

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Kazakhstan Sets Open API-Driven Strategy Towards 2025 Goal

Open Banking Excellence

Kazakhstan Sets Open API-Driven Strategy Towards 2025 Goal Open Banking stands at a critical juncture in early 2024 with markets both big and small set to start or continue their journeys. Regulator-led Pilot Focused on Open API Infrastructure Our pilot launched on Nov.

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Legacy Tech Still Plagues 95% of Asia Pacific Banks, Slowing Down Modernisation

Fintech News

The outdated infrastructure, not only slows down innovation, but also has increased maintenance costs, often hard to scale due to local one time customisations, and hence inflexible when it comes to integrating new digital services of their own or from third party providers. Strategic planning and long-term vision are therefore essential.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

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CurrencyFair Partners with tell.money to Support its Open Banking Integration

Finovate

The integration of tell.money’s open banking technology will make CurrencyFair’s money transfer service more seamless, transparent, and compliant. Dublin, Ireland-based cross-border money transfer company CurrencyFair has partnered with tell.money to support its open banking integration. With an average margin rate of 0.53%and