This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. in 2023 to 2% in 2024.
SC Ventures, Standard Chartereds fintech investment arm, has launched Labamu , an invoicing and billing platform for APAC small and medium enterprises (SMEs). Featured image credit: Edited from Freepik The post SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools appeared first on Fintech Singapore. trillion.
Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. The 13 APAC companies featured this year span a diverse range of industries, including telecoms, financial institutions, tech giants, and fintech startups.
Australia-founded global payments platform, Airwallex , has today announced the appointment of Andrew Balint as VP, Marketing, APAC (ex-China). Balint will report to Arnold Chan, General Manager, APAC and work alongside a world-class marketing team headed by Jon Stona, VP Global Marketing. Balint is based in Sydney.
The e-wallets in APAC adoption are surging, transforming how millions manage their financial transactions. The two groups have set industry standards and earned recognition as Leaders in Forresters Wave evaluation of enterprise fraud management providers in APAC. Smartphones are at the core of this transformation.
said Simon Davies, Regional President, SAP APAC. Featured image credit: Edited from Freepik The post SAP Appoints Peter Moore as APAC Partner Ecosystem Head appeared first on Fintech Singapore. Peter brings a wealth of experience and a proven track record in building and managing successful partner programs.
Airwallex, a global payments platform, has reported significant growth across the APAC region, with an 83% year-on-year revenue increase and a 49% rise in transaction volume in the third quarter. Globally, the company achieved a 73% rise in revenue and a 60% increase in transaction volume over the same period.
The collaboration builds on their work with major Swiss financial institutions and aims to help APAC banks modernise customer experiences and improve operational efficiency. The company plans to expand its regional presence with a new office in Hong Kong later this year.
” Nakul Kothari Nakul Kothari, Head of APAC & Middle East at Juspay, added, Our expansion comes at a crucial moment as APACs digital payment landscape undergoes rapid transformation & diversification. The post Indian Payments Firm Juspay Opens Singapore Office as APAC Hub appeared first on Fintech Singapore.
Her expertise in business development, relationship management, strategic planning, and portfolio growth will be instrumental in supporting the companys expansion in APAC. Her expertise and strategic insight will be invaluable as we expand our presence and drive growth across APAC.
This expansion allows us to better serve our APAC clients while contributing to the development of Indonesias financial services ecosystem through our platform and deep expertise in financial services. Featured image credit: edited from freepik The post Additiv Expands in APAC with New Jakarta Office appeared first on Fintech Singapore.
This milestone that builds on Tribes October 2024 expansion into Asia-Pacific (APAC) , marked by the opening of its Singapore office. The companys proven success in Europe working with payment giants like Mastercard, Visa, and UnionPay International sets the stage for a strong APAC impact.
Shortly after expanding into Asia Pacific (APAC) by opening its Singapore office in October 2024, Tribe Payments aims to strengthen its presence in the region by joining the Singapore FinTech Association (SFA), signalling its commitment to fostering innovation and collaboration across APAC.
Gemini shared in a statement, “Singapore has long been the heart of our operations in APAC. ” Gemini has recently made strategic leadership hires in Singapore, including appointing Saad Ahmed as Head of APAC earlier this year to drive regional strategy and regulatory compliance.
In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. APAC leads the world in digital wallet adoption.
SC Ventures , the innovation, fintech investment and ventures arm of Standard Chartered , has launched a new invoicing and billing platform dubbed ‘Labamu’, in a move to increase the prosperity of small businesses across the Asia Pacific (APAC) markets, starting with Indonesia.
The APAC digital wallet phenomenon The meteoric rise of digital wallets in APAC is no accident. trillion by 2027, representing an 81 percent increase from current levels, APAC stands at the forefront. Government initiatives across APAC have played a pivotal role in this transformation.
This strategic move reflects Checkout.com’s continued commitment to delivering high-performance, localized payment solutions across APAC, designed to meet the evolving needs of both domestic and global merchants. To lead this expansion, Checkout.com has appointed Noriko Sasaki as Country Manager for Japan.
The enhanced agreement will expand the companies’ collaborative efforts beyond Latin America into Africa and Asia-Pacific (APAC), offering customers access to dlocal’s over 900 alternative payment methods (APMs) and the extensive benefits of Spreedly’s vast payment ecosystem in these high-growth regions.
Top 5 industries globally with the highest fraud ratesIdentity fraud rates in 2024, Source: APAC Identity Fraud Report 2024, Sumsub The rise of AI-driven fraud A separate study by security solution provider Entrust and Docusign, which surveyed over 1,400 organizations globally in Q4 2024, found similar trends. and 2.2%, respectively.
Broadridge Financial Solutions has named David Runacres as President of its Asia-Pacific (APAC) operations. Mike Sleightholme “David brings over three decades of experience in the APAC region and a proven track record of delivering exceptional results for clients and leading teams. said David Runacres.
This predicament is particularly acute for fintech firms in the Asia-Pacific (APAC) region, where the fintech sector is rapidly expanding. The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. million in 2021. million in 2021.
In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.
Hazel Oh, based in Singapore, joins Thredd as Vice President of Account Management, APAC, with over 20 years of experience across product management, sales, partnership development, and strategic marketing. Her strategic insight and extensive network in APAC will enhance Thredds regional client success initiatives.
A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The APAC region led this trend, contributing nearly two-thirds of global spending, with a combined US$9.8
Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. Vyacheslav Zholudev “With the dynamic growth of digital businesses throughout APAC, we believe it is crucial to support regional companies throughout their compliance processes.
As digital banks in the Asia Pacific (APAC) region aim to replicate this success, there are valuable lessons to be learned from the unconventional Nubank approach to banking. Digital banks in the APAC region should take note of this Nubank approach. According to a 2021 report by the Asian Development Bank, an estimated 1.1
Ingenico, a payment acceptance and services provider, has appointed Anushka Weeratunga as its Regional Managing Director for the APAC region and a member of its Executive Committee. The post Anushka Weeratunga Promoted to Lead Ingenico’s APAC Operations appeared first on Fintech Singapore.
Global payments company Nium has appointed Alyssa-Jane Tan as its Director of Marketing for the Asia-Pacific (APAC) and Middle East & Africa (MEA) regions. and Audience Growth Manager at Google APAC, where she developed strategies for digital marketing and customer retention. Google, and ShopBack.
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.
To allow industry stakeholders to connect and keep up with this fast-moving industry, event organizers are hosting a number of fintech conferences and gatherings across Asia-Pacific (APAC). The following is a curated list of the top fintech events taking place in APAC in H2 2024.
Webull, a digital investment platform, has reported a 100% year-over-year growth in assets under management in the APAC region as of 31 July 2024. and APAC markets. and APAC markets. and APAC markets. The company attributes its growth to its accessible trading tools and wide range of investment options across U.S.
The move comes as part of Tribe’s strategic expansion into the Asia-Pacific (APAC) region, signalling its ongoing commitment to delivering world-class digital payment solutions across global markets. With our robust and scalable platform, we’re confident that Tribe will play a key role in shaping the future of payments across APAC.”
Trulioo, an identity verification platform, announced that it has achieved a 90% business verification rate across the APAC region a year after it had set up its Singapore office. The Singapore office, under the leadership of APAC Operations Director Ivan Yang, serves as a hub for Trulioo’s global growth and innovation.
In Singapore, Hazel Oh takes on the role of Vice President of Account Management for the APAC region. With over two decades of experience in product management and strategic marketing, she previously led Citis APAC Commercial Cards Travel Products division and held senior roles at American Express.
A new report by CMSPI, an American payment consultancy, produced in collaboration with Amazon, explores payment trends and regulations in Asia-Pacific (APAC), focusing on the impact of rising card fees on merchants and the regulatory responses to these challenges. billion transactions in 2023, representing a year-over-year growth of 42.2%.
additiv, a Swiss-based fintech firm specialising in embedded finance solutions, has announced the appointment of Anurag Pandey as its new General Manager and Head for the Asia Pacific (APAC) region. Pandey is set to focus on expanding the company’s reach in the APAC market, utilising additiv’s finance-as-a-service model.
Zhi Yong “Joining 9Basil Group unlocks opportunities to scale our tailored financing across APAC. The post 9Basil Acquires AlteriQ Global to Fuel APAC Private Credit Growth appeared first on Fintech Singapore. Our shared values and synergies position us well to drive sustainable value creation for our clients.”
Ingenico , the global leader in payment acceptance and services, is pleased to announce the appointment of Anushka Weeratunga as its Regional Managing Director in APAC and a member of the Executive Committee, effective immediately.
In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into new realms of possibility. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-border payment practices have noticed an evolution.
With HitPay, domestic and cross-border merchants can save up to 50% in payment processing fees compared to traditional card schemes, while accessing customers in Asia Pacific (APAC) markets, which make up 39% of the global GDP.
Primer , the unified infrastructure for global payments, today sets out its plans for 2025 growth and new markets across the EU, US and APAC as it approaches its fifth anniversary.
Cloud-native core banking platform 10x Banking has announced the appointment of Will Dale as Regional Vice President for the APAC region. He will be based in Singapore, where he will oversee the expansion of 10x Banking’s operations across APAC.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content