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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. What strategic benefits does Nexus offer APAC banks aiming to modernise their cross-border payment capabilities? How can APAC banks differentiate themselves by participating in Nexus?
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.
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. And thats a really positive development.
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
It also empowers TerraPay to deepen its collaboration with local financial institutions and fintechs, offering them access to its robust, interoperable, and API-driven payment infrastructure. “This license reinforces TerraPays commitment to building a seamless and compliant payments ecosystem across APAC.
In APAC, financial inclusion has emerged as a driving force behind digital innovation. In APAC, financial inclusion has emerged as a driving force behind digital innovation. Many nations within the region have recognised the transformative potential of extending financial services to underserved populations.
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.
The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. ACI Worldwide made its Finovate debut at FinovateFall 2011 in partnership with MShift.
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