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.
His responsibilities include partner engagement, strategic collaboration, and support for co-innovation efforts. said Simon Davies, Regional President, SAP APAC. The opportunity to work with such a dynamic and innovative partner network is incredibly exciting. said Peter Moore, Head of Partner Ecosystem for Asia Pacific, SAP.
Initially developed by the BIS Innovation Hub, Project Nexus aims to link domestic instant payment systems (IPS) through a single multilateral gateway, replacing the current patchwork of costly and complex bilateral connections. What strategic benefits does Nexus offer APAC banks aiming to modernise their cross-border payment capabilities?
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.
In today’s digital-first economy, the Asia-Pacific (APAC) region has emerged as a global hotspot for fintech innovation and digital commerce. From e-commerce and digital subscriptions to SaaS and travel platforms, companies are increasingly turning to APAC as the frontier for their next phase of growth.
Nine fintech-focused chief marketing officers (CMOs) have been named among the most influential and purposeful marketers in Asia-Pacific (APAC), recognized by Campaign Asia-Pacific and DoubleVerify for their ability to adapt to a rapidly evolving landscape. Goh has been consistently recognized as a leading marketer in APAC.
Her passion for building dynamic teams and fostering innovation will ensure Thredds platform capabilities remain robust, scalable, and responsive to evolving market demands. A proven leader with a track record of success in both public and private sectors, Hazel was most recently with Citi, heading APAC Commercial Cards Travel Products.
dtcpay has a strong track record of innovation and achievement in the fintech sector. A recent report from Chainalysis, revealed that stablecoin payments in Singapore reached almost US$1 billion in the second quarter of 2024. This surge highlights the increasing demand for stability and reliability in digital payments.
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 two firms will also explore innovations in cross-border payments, including tokenised bank deposits and stablecoins, with the goal of helping Ant International and its clients reduce foreign exchange-related costs and risks.
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.
Pham Minh Tuan “Fintech is reshaping the global financial services landscape, and there is a growing demand for trusted partners capable of delivering and scaling innovative, AI-enabled solutions. The post audax and FPT Strengthen Digital Banking Push in APAC, Middle East appeared first on Fintech Singapore.
This innovation promotes interoperability, flexibility, and significant cost savings for businesses. As non-card payment methods gain rapid traction, over 50% of digital commerce volumes in APAC now come from non-card methods. HitPay now provides access to 10 key real-time payment schemes for e-commerce and in-person transactions.
Yet, legacy systems remain a primary reason why banks cannot keep up with the market and innovate fast enough. This is not just a tech shiftits a strategic one, aimed at fostering innovation, reducing operational overhead, and to ensure that our infrastructure in the future can withstand disruptions.
Its clear that APAC isnt just embracing the future of digital payments its defining it. This leading B2B tech company also offers other innovative tools that help businesses handle unexpected disruptions, increase transaction security and drive growth overall.
In her new role, Minh Ha will spearhead Paymentology s growth strategy across the region, working closely with clients, partners, and governments to drive innovation. Her expertise in business development, relationship management, strategic planning, and portfolio growth will be instrumental in supporting the companys expansion in APAC.
The global payment processing market, which includes CaaS, is expected to grow from $55tn in 2024 to $79tn by 2029, at a compound annual growth rate (CAGR) of 7%, regions like APAC and Latin America are leading this shift, with the Middle East emerging as a region of significant opportunity.
Prior to joining OKX , Cooper held significant roles at Zodia Custody as Head of APAC and Australia CEO, and at National Australia Bank (NAB) as Executive, Digital Assets, where she played an instrumental role in shaping the bank’s digital asset strategy and broader digital innovation initiatives.
said Karl Mohan, General Manager APAC & MEA of Crypto.com. Amnah Ajmal “We are delighted to welcome Crypto.com as a Mastercard Principal Member. The programme provides a wide range of benefits and opportunities beyond the direct issuance of Mastercards.
We look forward to working closely with local financial institutions to deliver innovative digital solutions that meet the evolving needs of Indonesian consumers and businesses. Featured image credit: edited from freepik The post Additiv Expands in APAC with New Jakarta Office appeared first on Fintech Singapore.
The event is expected to bring together leading regulators, fintech executives, banks, and industry disruptors from across the Asia-Pacific region to discuss trends and innovations shaping the financial sector, with a focus on real-world case studies and actionable strategies. Yet, its potential is far from being fully realised.
Together, Reap and Reap Singapore will continue to refine its compliance standards and beyond, ensuring it delivers enhanced value and trusted solutions to Singapore and the broader APAC customers. “At Reap, compliance has always been paramount, not only to safeguard our users but also as a fundamental pillar for growth.
Money20/20 Asia’s show focus, Empowering Humanity Through Collaboration: Pioneering Secure, Frictionless, and Sustainable Fintech Innovation in Asia, explores the future of finance and sustainable, collaborative fintech innovation. The event will feature four innovative stages and speakers from 22 countries, including 15 APAC markets.
Almond FinTech, the two-time CrossTech Innovation Award winner for "Crypto Payments Solution in Cross-Border Payments," announced today that Ample Transfers, a 27-year-old remittance provider based in Singapore, has partnered with Almond's proprietary technology to optimize its internal treasury and settlement operations for transfers from Singapore (..)
Coinbase sees this as a significant opportunity for expansion, emphasising that crypto is more than just financial infrastructureit can help drive innovation and economic growth by enabling local entrepreneurs to build world-class products without leaving the country. said John O’Loghlen, Regional Managing Director for APAC at Coinbase.
This milestone that builds on Tribes October 2024 expansion into Asia-Pacific (APAC) , marked by the opening of its Singapore office. Joining the SFA strengthens Tribes growing presence within one of the worlds most dynamic fintech ecosystems and signals its commitment to fostering innovation and collaboration within the region.
The regions strong fundamentals, coupled with a growing digital economy, promise continued growth and innovation in the coming years, a new report by Royal Park Partners (RPP), a fintech-focused corporate finance advisory firm, says. billion underbanked adults.
KPMG are launching our second annual Payments Modernisation report, based on a global survey of 1,500 senior leaders across financial institutions and retailers covering Europe, APAC, North America and the Middle East, and we have found the pace of transformation is not slowing down, and not restricted to banks.
The post Mastercard Ramps Up Customer Onboarding and Streamlines Payments With Cloud Edge in APAC appeared first on The Fintech Times. Direct access to modern payment technology such as Transaction APIs built on ISO 20022-standardised payloads.
Money movement innovator Wise Platform has partnered with UK-based digital bank Zempler Bank. “Singapore is a cornerstone of our operations in Asia Pacific, and this new office is a key milestone in strengthening our regional presence,” Shrawan Saraogi, Singapore CEO and APAC Head of Expansion at Wise, said.
Financial services firms globally are accelerating their adoption of cloud technologies, focusing on long-term agility, resilience, and innovation rather than cost-cutting, according to new research by the London Stock Exchange Group (LSEG).
The innovation helps enable travelers to add funds to their TourCard digital account with Bank of Shanghai from another source, helping to make the payment experience smoother when settling expenses locally. This innovative product we developed with Citi enriches the top-up channel of TourCard.
This premier event will gather leading experts, industry innovators, and key decision-makers to explore the latest trends shaping the future of payments and regulatory technology. QUBE Events is pleased to announce the 19th NextGen Payments & RegTech Forum on 6-7 November at the Four Seasons Hotel in Limassol, Cyprus! Really good!”
This innovative integration, which will be available globally in all markets and currencies supported by WEX, will provide Concur Invoice customers the functionality to pay suppliers using WEX issued virtual Mastercards powered by Confermas pioneering technology. This unlocks faster and more secure payments.
Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank. To this end, Security Bank is bringing innovation and modernization to both its eKYC process and its overall digital onboarding journey.
.” 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. Here is our look at fintech innovation around the world.
Global technology and innovation partner Zühlke took part in the Singapore Fintech Festival (SFF) 2024, demonstrating its commitment to driving impactful change in the financial technology landscape. Zühlke offered forward-thinking perspectives on the adoption of AI, digital money, and the future of work for talents.
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.
As crypto adoption accelerates, regulators are ramping up enforcement of the Financial Action Task Force’s (FATF) Travel Rule compliance in APAC. This is why the industry remains cautious about overregulation, which could stifle innovation. Download the Guide to Secure Crypto Payments in APAC, with Sumsub and RedotPay.
However, following the Covid pandemic, and various governmental initiatives, many countries focused on diversifying their economies and bolstering growth and innovation across various sectors. Recognising the chance to innovate, many of these countries have already taken steps to make changes.
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.
The Asian Banking & Finance Fintech Awards celebrate forward-thinking companies that demonstrate leadership, innovation, and customer-centricity in today’s rapidly evolving financial services landscape. It’s a great honour to be recognised here in Singapore, a global fintech hub that embodies the spirit of innovation shaping our region.
At Money20/20 Asia, we sat down with Jaykie Tan, Head of Business Development APAC at Mambu, and Cecilia Tan, Regional VP at Thredd, to unpack one of fintech’s biggest questions: Are e-wallets or digital banks better positioned for profitability, innovation, and financial inclusion in Southeast Asia?
Combining their expertise, Deutsche 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.
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