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APAC Sees 23% Decline in Crypto Fraud

Fintech News

Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. in 2023 to 2% in 2024.

APACS 92
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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

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.

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SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools

Fintech News

SC Ventures, Standard Chartereds fintech investment arm, has launched Labamu , an invoicing and billing platform for APAC small and medium enterprises (SMEs). Merchants using Labamu can get invoice and bill payments directly deposited to their bank accounts, said Emmanuel Van De Geer, CEO of Labamu.

APACS 123
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How e-Wallets in APAC Are Leading the Cashless Charge

Fintech News

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.

APACS 113
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Worldpay Expands APAC Footprint with Entry into Thailand

Fintech News

This enables local and international merchants to process transactions in Thai baht and offer local payment methods. Thai merchants will be able to settle card payments locally and access four widely used alternative payment methods: LINE Pay, TrueMoney, PromptPay, and online banking.

APACS 100
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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

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.

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Indian Payments Firm Juspay Opens Singapore Office as APAC Hub

Fintech News

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.”

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