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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. These diverse payment modalities symbolise businesses’ dynamic strategies to navigate the varied financial terrains across the Asia-Pacific region.
The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasury management and cross-border payment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model. This will enable more efficient and transparent global treasury management for Ant.
Globalpayments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. Nium’s extensive portfolio of licenses and registrations now covers more than 40 countries globally. ” said Anupam Pahuja, Regional Executive Vice President of APAC & MEA.
Bolt , the global shared mobility platform, today announced a strategic partnership with leading globalpayments and financial platform, Airwallex , to build a new payments system for its drivers. Issuing seamless, real-time payments, which means they are paid accurately and on time, is a key part of this.
Thredd , a leading globalpayments processor, announces the successful launch of LianLian Global’s virtual card program in the APAC market. LianLian Global is a leading cross-border payments company based in China. with their second U.S. client, Spendbase, due to go live in Q4 of this year.
LianLian Global has tapped Thredd to help it launch a virtual card program in the APAC market. Digital payment solutions company Thredd announced a partnership with globalpayments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market.
Nium , the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 FundsTransfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.
Other sessions also delved into key trends and issues shaping the globalpayment landscape, including open banking in Europe, the QR code revolution in Asia as well as the US’s card dominance. Day 2 featured discussions on small business empowerment, consumer financial resilience, and lending strategies in Thailand.
Last year, 47% of Card transactions were paid with VISA Cards and 27% with MasterCard and 21% of Australias card transactions were paid through EFTPOS, Australia s Electronic FundsTransfer at POS) debit card scheme. QRC Payments are immensely popular in APAC and are expected to gain momentum in Australia.
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