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The e-wallets in APAC adoption are surging, transforming how millions manage their financial transactions. According to The State of Digital Retail Payments in Asia Pacific 2024 by Forrester , high-growth economies like Indonesia and Malaysia are leading the shift, with consumers increasingly favouring digitalpayments.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
We aim to empower them with the reliable, scalable, and highly performant payment infrastructure that has made us a trusted partner for leading enterprises worldwide.” The post Indian Payments Firm Juspay Opens Singapore Office as APAC Hub appeared first on Fintech Singapore.
Digitalpayment token provider dtcpay has announced a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. This strategic shift reflects a growing trend in the digitalpayments landscape.
Crypto exchange Gemini has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money transfer and digitalpayment token services in Singapore.
The Asia-Pacific fintech landscape is thriving, fueled by the rapid adoption of digitalpayments, online banking and alternative lending solutions. With over a billion users projected to access digital financial services by 2026, the region is ripe with opportunity — and equally vulnerable to escalating fraud threats.
Leading global digitalpayments company, Checkout.com , today announced its expansion into Japan supported by new direct acquiring capabilities. This builds on the company’s continued investment across the APAC region, following launches in Australia, New Zealand, Hong Kong and Singapore.
Paul Harapin Small and medium businesses make up over 97% of all businesses in APAC and are the lifeblood of any countrys economy. Digital financial services unlock growth for SMBs. In fact, some reports show that 70% of APAC SMBs experienced increased revenues after adopting digitalpayments.
Deutsche Bank and Ant International have entered a strategic partnership aimed at enhancing cross-border payment services for businesses of all sizes in Europe and Asia. The agreement combines Deutsche Bank’s global network with Ant International’s digitalpayment technologies.
Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market. Its clear that APAC isnt just embracing the future of digitalpayments its defining it.
Southeast Asias fintech industry is flourishing, driven by soaring adoption of digitalpayments, alternative lending, and wealthtech. It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8
Tribe Payments , the digitalpayments and infrastructure orchestrator specialising in issuer and acquirer processing, has become the latest fintech to join the Singapore FinTech Association. We believe that Tribes innovation with its modular issuer and acquirer processing solutions will thrive in the region through Singapore.”
One example of a cloud-native solution that has been designed to meet the evolving needs of financial institutions is BPCs SmartVista, says Jonathan Bautista, Commercial Director for the APAC Region at BPC. NBCs efforts have significantly bolstered the efficiency, inclusivity, and security of Cambodias payment systems.
Available to both DBS customers and non-customers, it offers a comprehensive suite of features that extend beyond basic payments, and which includes rewards and deals, ride booking, and food ordering. GrabPay is a mobile wallet and digitalpayment platform integrated into the Grab super app. It claims 2.3 million customers.
The event will feature four innovative stages and speakers from 22 countries, including 15 APAC markets. These verticals include banking, payments, lending, digital wallets, blockchain and distributed ledgers, cybersecurity, data and analytics, and cloud services.
Tribe Payments , a leading digitalpayments and infrastructure orchestrator specialising in issuer and acquirer processing, has joined the Singapore FinTech Association (SFA). This milestone that builds on Tribes October 2024 expansion into Asia-Pacific (APAC) , marked by the opening of its Singapore office.
With digitalpayments becoming the norm, financial institutions are under pressure to modernise—and Bottomline is helping them do just that. The company continues to integrate with a wide range of domestic and international payment networks. How does Bottomline’s approach product development and continuous improvement?
Together with Mastercard’s global footprint, this provides organisations in the region with payment network access at low latency, ensuring seamless operations as well as compliance with regional data residency regulations,” said Scott Mullins , managing director, financial services, AWS.
.” Initially, the partnership will focus on facilitating operations in APAC markets, with other regions to be added over time as TransferMate leverages Deutsche Bank’s extensive international network. Splink enables companies to receive and request payments, as well as set up an online shop that helps boost transaction volumes.
Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries. Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development.”
OpenWay , a global leader in payments software and developer of the Way4 digitalpayment software platform, has been recognized as a Best-in-Class vendor in the 2025 Merchant Acquiring Software Platforms Matrix by Datos Insights.
At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digitalpayment platforms. “These aren’t opportunistic attacks—they’re existential threats to digital banking,” he continued.
Whalet , a leading digitalpayment provider, has announced a strategic partnership with TerraPay , a global money movement company, to deliver seamless cross-border payout solutions worldwide. The post Whalet Joins Forces with TerraPay to Empower SMEs with Seamless Global Payouts appeared first on FF News | Fintech Finance.
“Our expansion comes at a crucial moment as APACsdigitalpayment landscape undergoes rapid transformation and diversification,” explained Nakul Kothari , head of APAC and Middle East at Juspay.
The bank will also support WorldFirst’s suite of payments-related solutions for SMEs in e commerce and cross-border trade, including but not limited to account collections, payments and FX services. It will also enable the account and financial service provider to access its global network to serve its clients.
To get a better understanding, Mastercard, the payments giant, has published research on how Gen Alpha parents are responding to their kids’ digital financial experiences in the Asia Pacific (APAC) region. Mastercard’s research also explored the attitudes of older APAC generations towards innovation.
Businesses are always on the hunt for new payment solutions to provide their customers with a better experience. To meet this demand, investment banking company, Deutsche Bank and Ant International , the global digitalpayment firm, have announced a new partnership.
Tribe Payments , the pioneering digitalpayments and infrastructure orchestrator that specialises in issuer and acquirer processing, has been selected by global payment and digital financial infrastructure platform, PhotonPay , to provide its issuer processing services.
Ant International is a leading global digitalpayment, digitisation, and financial technology provider. Grab is Southeast Asia’s leading super app offering ride-hailing, food delivery, digitalpayments, and financial services across eight markets.
Today, that vision is carried forward by over 700 passionate individuals representing more than 40 nationalities, spread across 10 global offices spanning APAC, Europe, Africa and the Middle East. Our recent acquisition of the MPI licence by the Monetary Authority of Singapore (MAS) is a big step in our APAC expansion strategy.
This collaboration combines dLocal’s localized payment expertise with Juspay’s cutting-edge technology, enabling merchants to scale their operations and address the rising demand for flexible, region-specific solutions in emerging markets where dLocal has established a strong presence.
So far the EPI has excelled in laying the groundwork for this payments evolution by clearly articulating its vision and aligning strategically with the key pillars of ecommerce. Part of this was the launch of the real-time payment system Wero last summer. Local payment methods are no longer an alternative, they are mainstream.
StraitsX has launched its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), marking a new phase in its collaboration with Ripple to support real-time digitalpayments across Asia.
Fiserv has acquired Australia-based PayFac Pinch Payments to strengthen its digitalpayments offerings and expand its merchant reach across the Asia Pacific region. The post Fiserv Acquires Pinch Payments to Enhance its Payments Offeringsin Asia Pacific appeared first on Finovate.
Leading Greater China jeweller Chow Sang Sang has selected Nuvei’s global payments platform to support its international expansion, beginning in North America. This partnership in digitalpayments facilitates seamless experiences tailored to premium retail customers.
Bringing Pinch into the Fiserv ecosystem enhances the Company’s reach with access to more merchants and delivery of new, innovative solutions including the leading cloud-based SaaS business operating platform with Clover to merchants throughout APAC.
The offering includes comprehensive core and digital banking services with payments, analytics, and Temenos Data Hub on Microsoft Azure cloud infrastructure. In a statement, Temenos APAC Managing Director Will Dale noted the growth and importance of the Islamic banking customer in the country.
Payments regulation roadmap: Q3 2025 18 July 2025 by Payments Intelligence Introduction Regulatory developments continue apace in the payments industry, ushering in a period of intensified complexity and strategic significance. Post-deadline supervision will stress-test incident playbooks and escalation protocols.
Cross-Border Payments take centre stage at SFF 2024 Project Nexus Managing Entity: MAS and the Bank for International Settlements (BIS) Innovation Hub announced the establishment of the Nexus Scheme Organisation (NSO) to be based out of Singapore. It aims to accelerate digital transformation and advance financial inclusion.
For example, Episode Six, a global provider of enterprise-grade ledger and cards infrastructure, is using Cloud Edge to assist banks, fintechs and payments organizations in Asia Pacific as they design and launch leading digitalpayment propositions like credit and B2B payments.
Gen Alpha (the digital-first generation born 2010 onwards) isn’t waiting to grow up before engaging with money — they’re already making their mark on the world of digital finance. 53% admit their kids know more about new payment methods than they do. 53% admit their kids know more about new payment methods than they do.
The integration, now live for payzy users, enriches payment data with merchant names, logos, and categories, aiming to improve clarity, reduce confusion and boost engagement across COSMOTE’s digitalpayments platform. The post This Week in Fintech: TFT Bi-Weekly News Roundup 26/06 appeared first on The Fintech Times.
The rollout also marks the first time that Antom, the unified merchant payment service under Ant International, enables recurring payment capabilities on a banking app to support global enterprise merchants, building on its experience with digital wallets.
I feel privileged to be driving marketing efforts for ANZ as we continue to scale and enable businesses to navigate the global financial landscape with ease and efficiency, she said Snell will report to Andrew Balint, who was recently announced as VP, Marketing, APAC (ex-China).
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