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Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region. The system uses global standards like ISO 20022, which ensures that all participants can communicate efficiently, regardless of local system differences.
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.
The Growth Imperative – A Booming Market The payments market is experiencing extraordinary growth, with Asia Pacific (APAC) alone expected to see transaction flows reach $250 trillion by 2027. This reflects a surging demand for seamless and efficient systems that support international commerce.
But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. This purpose is rooted in facilitating inclusion and interoperability. TerraPay now connects over 155 countries and 3.7
The recognition also highlights Thunes’ achievements in product development, operational excellence, and its crucial role in enhancing interoperability, key to expanding financial inclusion and enabling access across both mature and emerging markets. Pamela Ho , Head of Network, APAC at Thunes.
The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. However, challenges remain, particularly regarding interoperability.
Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. At Boku, we want to be at the heart of this transformation.
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. Start API and interoperability pilots, building on the existing Open Banking technical infrastructure.
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. It is also essential to collaborate on interoperability between traditional finance and tokenised/digital assets.
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.
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.
Franklin Templeton has been involved in digital asset initiatives since 2018 and is a participant in MAS Project Guardian, which explores asset tokenisation to enhance market liquidity and efficiency. The fund is managed by Templeton Asset Management Ltd, with Franklin Advisers Inc serving as sub-manager. in 2021, which was the first U.S.
The EU’s PSD2 and GDPR regulations were passed in 2018 and designed with a primary focus on interoperability between open banking systems around the world. APAC lawmakers appear to be using them as a guide in creating their own regulations, including in Dubai and South Korea. The Interoperability Dream . Similar to the U.K.
It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. ACI also provides the central infrastructure for Indonesia’s BI-FAST, one of the world’s largest real-time payment initiatives that incorporates 135 banks, multi-tenant aggregators, and non-bank participants.
Finalists in the corporate categories were evaluated based on impact, sustainability, practicality, interoperability, and creativity, while individual submissions were assessed on contributions to the Singapore fintech sector. Frans Wiwanto Frans Wiwanto, CEO – APAC, Flywire (Singapore) Frans Wiwanto is the APAC CEO of Flywire Singapore.
With interoperability in mind, freee plans to build an API ecosystem to support even more integrations. million in Series A funding, raised by Microsoft’s M12 venture fund, while other venture capitalists and cybersecurity experts also participated in the investment. This week, the company revealed $6.2
The appointment underscores Xceptor’s continued investment and penetration into the APAC region. He was most recently head of APAC at Duco. The round saw participation from i.a., He will expand Xceptor’s sales, business development and operations, while also advancing growth into new markets and segments.
The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. Participating in the fundraising were early-stage investor The Radical Fund, as well as angel investors Lai Chang Wen and Shaun Chong, co-founders of logistics company Ninja Van.
In other words, while the speculative hype has largely died down, engineers are building, teams are forming, and development is continuing apace. Its $12M Series A at the end of March also saw participation from Andreessen. Of those, 39 participated in a $107M Series A to the financial services software provider and consortium R3.
trillion in cross-border payments, the APAC region is poised to benefit significantly from the surge in cross-border money movement. Further, different countries and their governments have their own sets of laws, standards, and regulations when it comes to participating in their financial markets, which continue to evolve.
Paydify , a blockchain-based payment gateway, participated in a panel discussion at Money20/20 alongside representatives from Circle and Alea Research, addressing the challenges and opportunities shaping the next phase of digital payments.
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