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As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.
Jack Forestell, Visa’s Chief Product and Strategy Officer said , “Combining the strength of our global network with our leadership in payment innovation here in Asia Pacific, we are bringing new products and solutions that will transform commerce and deliver trust and security to AI-enabled payments across the region.”
The startup is looking to establish itself as the “Visa for AI”, offering a platform that empowers AI agents to become full participants in the digital economy. Rooted in the GCC, SemanticPay aims to scale globally, with its team currently having a presence in APAC and Europe.
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. On the international front, cross-border payments have presented a different set of challenges.
EAZY Financial Services ‘EazyPay’, a Bahraini financial institution specialising in point-of-sale (POS) and online payment gateway acquiring services, has teamed up with Tarabut , the MENA region’s regulated open banking platform. Balint has held senior roles at Afterpay, amaysim, Ola and Optus.
Industry hires Guavapay, a provider of end-to-end payment solutions headquartered in London, UK, appoints Guy Noble as its new CEO for Guavapay UK. PayFuture , the payments technology platform connecting global businesses with emerging markets, has appointed Praful Morar as deputy CEO. This expands a relationship which began in 2014.
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. Tackling this with tactical fixes only deepens the challenge.
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. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.
Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 As the fintech sector continues to grow and evolve in APAC, organizers are hosting a number of large-scale events to showcase the region’s latest innovations and fastest-growing players. billion in H2 2022 to US$5.1 billion, the data show.
With 355 million gamers contributing to an expected US$14 billion market in 2024, LatAm is emerging as a major growth region for global gaming companies, presenting considerable opportunities for Asia-Pacific (APAC) firms, according to Eduardo de Abreu, Vice President of Product at EBANX, a leader in localized payment solutions.
APAC lawmakers appear to be using them as a guide in creating their own regulations, including in Dubai and South Korea. These systems enable FIs to generate greater insights into consumers’ banking and payment behaviors, Munyuki added, and that data can create more personalized or unique services to help them compete.
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). How Does Project Nexus Work? trillion by 2025.
The company replaces traditional B2B payment methods (e.g. Their system seamlessly integrates with clients’ existing infrastructure to automate the entire payout process, from invoice generation to payment execution. Thitsa Payment Portal is a web-based platform integrated with Mojaloop. ThitsaWorks Pte.
Singapore is home to a robust and thriving fintech industry that’s often regarded as one of the leading hubs in Asia-Pacific (APAC). Participants will also get to hear from industry leaders and experts, and discover the latest trends, technologies and regulatory developments.
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.
The latest news from the Open Banking ether stems from around the world, including the Asia-Pacific (APAC) and the Middle East and North Africa (MENA) regions, as markets like Israel and South Korea take their first steps to develop and deploy Open Banking regulatory frameworks.
For this list, we’ve used data from Tech in Asia, Dealroom and companies’ announcements, focusing on the most prolific fintech investors in Singapore and showcasing their participation in the local scene. Tech in Asia ranks Antler as the most active investor in Singapore, having participated in 66 deals in the past 24 months.
Digitization of B2B payments is on the rise, but the trend is challenged by discrepancies across geographic markets, according to the latest World Payments Report by Capgemini and BNP Paribas. But, despite the increased use of digital payments, cash remains king, especially for low-value transactions.
In addition to financial management solutions, freee is also focused on supporting integration with businesses’ existing tools. According to reports, the company says it can integrate with more than 3,500 existing apps and services. This week, the company revealed $6.2 Payroll is on a roll with investors , again.
A newly announced partnership between institutional payment orchestration platform Paydock and Australia’s Commonwealth Bank (CBA) will give merchants in Australia the ability to offer their customers a range of new payment options. Launched this spring, NameCheck is built to prevent scams and mistaken payments.
based payments platform PaySend is mostly focused on the consumer payments market, the company does service business customers by enabling users to move funds from one card to another across more than 60 countries. At present, Flinks provides an API to connect banks and FinTech companies, and facilitate data sharing.
The Asia-Pacific (APAC) region boasts one of the fastest-growing fintech industries globally, home to several leading players and the highest levels of fintech adoption worldwide. This tour will take the participants to Osaka and Tokyo, two cities renowned for their advancements in technology and finance.
Moonfare Asia Pacific head Adam Banks, who joined Moonfare in October , noted that the firm’s APAC investor relations team is already “in active discussions with potential clients” in Australia. Investors on the platform can also participate in secondaries, private credit, and co-investments.
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