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By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant paymentsolution for businesses and consumers. Underscoring its global ambitions, dtcpay is the first Major PaymentInstitution (MPI) in Singapore to join the Luxembourg House of Financial Technology (LHoFT).
By partnering with Finmo, Tribe Payments will combine its issuer and acquirer processing platform with Finmos treasury and financial management system, which is licensed to move and manage money across 180 countries. Finmo holds a Major PaymentInstitution (MPI) licence from the Singaporean authorities.
Singapore-headquartered paymentinstitution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”
Canadian payments firm Nuvei Corporation has secured a Major PaymentInstitution (MPI) license from the Monetary Authority of Singapore. The company that it will continue to invest in building its presence across APAC.
Leading payment technology firm, Tribe Payments , has announced a strategic partnership with global Treasury Operating System (TOS), Finmo , to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia -Pacific (APAC) and Europe.
Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major PaymentInstitution (MPI) license by the Monetary Authority of Singapore. billion Mastercard debit, credit and prepaid cards globally.
Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major PaymentInstitution license in Singapore. The company’s modular payments platform connects clients with customers in over 200 markets, supporting 716 alternative payment methods and offering acquiring in over 50 markets.
EBANX, renowned for its robust paymentsolutions and deep market expertise, is at the forefront of this evolution, poised to transform B2B payments in the region. Together, we can offer unparalleled paymentsolutions that cater to the unique needs of exporters and importers in this dynamic region.”
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.
Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major PaymentInstitution license by the Monetary Authority of Singapore (MAS). In India, Worldline has 1.5 million+ merchant touchpoints across 5000+ towns and cities.
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.”
Licensed as a Major PaymentInstitution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. Find out how Currencycloud can help you build your payments infrastructure by speaking to one of their experts today.
TerraPay , a global money movement company, has been granted a Major PaymentInstitution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.
In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.
. “At Ebury, we embrace the complexity and risk of daily cross-border payments that enable business growth, in a way that traditional banks do not, or cannot,” Ebury Managing Director for APAC, Rick Roache said. Central and Eastern Europe Romanian payment service Pago secured $2.5 million (€2.3
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