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FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
The e-wallets in APAC adoption are surging, transforming how millions manage their financial transactions. According to The State of Digital Retail Payments in Asia Pacific 2024 by Forrester , high-growth economies like Indonesia and Malaysia are leading the shift, with consumers increasingly favouring digital payments.
The move comes as the India-headquartered payments technology firm looks to support growing demand for its infrastructure services from enterprise clients in the region. We aim to empower them with the reliable, scalable, and highly performant payment infrastructure that has made us a trusted partner for leading enterprises worldwide.”
Her expertise in business development, relationship management, strategic planning, and portfolio growth will be instrumental in supporting the companys expansion in APAC. Her expertise and strategic insight will be invaluable as we expand our presence and drive growth across APAC.
Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind paymentssolution on Bank of Shanghai ’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.
Tribe Payments , a leading digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has joined the Singapore FinTech Association (SFA). This milestone that builds on Tribes October 2024 expansion into Asia-Pacific (APAC) , marked by the opening of its Singapore office.
Leading global digital payments company, Checkout.com , today announced its expansion into Japan supported by new direct acquiring capabilities. This builds on the company’s continued investment across the APAC region, following launches in Australia, New Zealand, Hong Kong and Singapore.
dLocal , the leading payment platform connecting global merchants to emerging markets, today announced the expansion of its partnership with Spreedly, the world’s leading Open Payments Platform. “By streamlining payment processes, we enable Spreedly’s customers to offer local payment options with minimal effort. .”
Tribe Payments , the digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has become the latest fintech to join the Singapore FinTech Association. We believe that Tribes innovation with its modular issuer and acquirer processing solutions will thrive in the region through Singapore.”
In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. of e-commerce payments in 2022 to 4.4% APAC leads the world in digital wallet adoption.
The rise of non-card payment methods — such as digital wallets, bank transfers, and QR-based payments — underscores the need for businesses to adopt flexible, low-cost solutions to stay competitive. As non-card payment methods gain rapid traction, over 50% of digital commerce volumes in APAC now come from non-card methods.
By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant paymentsolution for businesses and consumers. The company emphasises the inherent volatility of cryptocurrencies like Bitcoin and Ethereum as a driving force behind this decision.
Tribe Payments , the pioneering digital payments and infrastructure orchestrator that specialises in issuer and acquirer processing, announces the opening of its Singapore office. To lead its efforts in this dynamic region, Tribe has appointed payments industry veteran Matt Weir as General Manager – Asia Pacific.
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.
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.
A new report by CMSPI, an American payment consultancy, produced in collaboration with Amazon, explores payment trends and regulations in Asia-Pacific (APAC), focusing on the impact of rising card fees on merchants and the regulatory responses to these challenges.
Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market. Its clear that APAC isnt just embracing the future of digital payments its defining it.
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 paymentsolutions.
The collaboration will focus on issuing virtual cards within the Asia Pacific (APAC) region, aimed at facilitating payments for travel intermediaries such as hotels and airlines. APAC, in particular, is projected to reach a market size of US$480 billion due to rapid growth, according to a recent report by Thredd.
The fintech landscape in the Asia Pacific (APAC) region has been evolving at a remarkable pace, with start-ups and established companies redefining how financial services are delivered and consumed. Today, we will explore five top fintech trends in the APAC region for 2024, supported by statistics and insightful information.
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). Digital transformation in APAC This digital acceleration suggests a future where AI and automation streamline operations and unlock new avenues for innovation and growth.
Tottenham Hotspur has announced a new three-year strategic partnership with Ant International , a digital payment and financial technology leader. Ant International will also support the Club on activations to drive growth of and engagement with our fanbase in the APAC region via its partner digital payment apps, including Alipay.
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.
Bringing Pinch into the Fiserv ecosystem enhances the Company’s reach with access to more merchants and delivery of new, innovative solutions including the leading cloud-based SaaS business operating platform with Clover to merchants throughout APAC.
By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments , previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities.
Airwallex , the global payments and financial platform for growing businesses, is set to acquire CTIN Pay , a Vietnam-based Intermediary Payment Service (IPS). We’re particularly excited about our progress and continued expansion in APAC, the region where Airwallex was born.”
Netcetera, a Swiss software company providing digital paymentsolutions, and Giesecke+Devrient (G+D) have launched a new 3D Secure (3DS) server instance in Mumbai, India, marking a significant step in supporting the expansion of global businesses into the region.
With 49 countries and over 20 actively traded currencies, Asia is the epicentre of global trade and the leader in adopting payment innovations. The rapid growth of e-commerce and cashless economies in this region calls for impactful paymentsolutions.
DECTA , a leading provider of technical paymentsolutions, is excited to announce the launch of the DECTA Fintech Fast Track—a program designed to fast-track the journey of innovative fintech companies entering the card issuing and payment acquiring industry. Who Can Apply?
LianLian Global has tapped Thredd to help it launch a virtual card program in the APAC market. Digital paymentsolutions company Thredd announced a partnership with global payments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market.
Businesses in Singapore are now benefiting from Nuvei’s cutting-edge, agile technology that’s built to accelerate their growth, as well as Nuvei’s global reach and expertise in local markets across Asia-Pacific (APAC). The post Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion appeared first on Fintech Finance.
In a broader regional expansion, Wise Platform has initiated collaborations with Hong Kong’s Mox to offer simplified international paymentsolutions. The expansion has doubled the employee count to 450 at its APAC hub located in Paya Lebar Quarter, now covering 23,000 square feet.
It will also help fuel Fiserv’s delivery of new paymentssolutions such as Pinch’s cloud-based SaaS business operating platform for merchants across Asia Pacific. Fiserv anticipates that bringing Pinch into its ecosystem will help it offer more flexible options for PayFacs, ISVs, BPSPs, ISOs and enterprise clients.
The company that it will continue to invest in building its presence across APAC. Philip Fayer “Securing this MPI license is another significant milestone as we continue accelerating our growth in APAC.
The company said in a statement, “Together, FOMO Pay and BNY will deliver value-added paymentsolutions that cater to the diverse needs of businesses in an increasingly connected, digital-first economy.
JCB International , Japan’s international payment brand, is expanding its global partnership with Nuvei Corporation , the Canadian fintech company, to include the Asia-Pacific (APAC) region. Nuvei also explained that the development is particularly significant for its customers in the APAC region.
Nium , the global leader in real-time cross-border payments, today announced the expansion of its partnership with Thredd , a leading global payments processor, to issue virtual cards in the Asia Pacific (APAC) region. Download Nium’s latest research on how virtual cards are transforming the travel payments landscape here.
Wise’s office space in Paya Lebar Quarter has been expanded to 23,000 square feet, making it its Asia Pacific (APAC) hub, where 450 employees work—more than double the number in 2022. Arvind Guruprasad has also joined Wise in Singapore as its APAC Head of Risk. Wise says its customer base in Singapore has grown 26% year-on-year (YoY).
Anupam PahujaN “Nium’s growth in APAC reflects our dedication to transforming the global financial landscape. By partnering with leading institutions like Artajasa and JB Bank, we aim to help businesses accelerate their growth across the region with secure, efficient, and innovative financial solutions.”
Hong Kong-based digital paymentssolution AsiaPay has teamed with TripleA , a MAS-licensed cryptocurrency payment gateway service provider in Singapore.
Eight 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 new technologies, address critical issues such as climate change, diversity, equity, and inclusion (DEI), and focus on sustainability.
Fintech Mergers and acquisitions (M&A) in Asia-Pacific (APAC) declined by nearly 15% in Q3 2023, with total deals dropping from 141 in Q2 2023 to 132 in Q3 2023, a report by market data and intelligence platform S&P Global Market Intelligence says. billion across 612 transactions, KPMG data show.
MineSec is pleased to announce that Payment Options, a leading provider of secure and seamless digital paymentsolutions, has chosen MineSec as its strategic technology partner to develop and launch an advanced SoftPOS solution.
Typical B2B payments can still take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024. Together, we can offer unparalleled paymentsolutions that cater to the unique needs of exporters and importers in this dynamic region.”
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