Fintech News

MARCH 5, 2024

Currencycloud, a provider of B2B embedded cross-border solutions, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The post Currencycloud Gets In-Principle Approval for Payments License From MAS appeared first on Fintech Singapore.

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Cross-Border Cross-Border Payments APACS Payments Institute 109

Fintech Finance

JULY 23, 2024

XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.

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B2B Facilitators Cross-Border APACS 105

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. These have since gone live and new features like payment, and foreign currency exchange are currently in the works.

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Cross-Border Payments Cross-Border Payment APIs and Integration Payments 117

Fintech Finance

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS). India, Worldline has been building a robust payment ecosystem for over 26 years. billion ($9.3

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Payments Institute APACS Push-to-Card Cross-Border 52

The Fintech Times

MARCH 6, 2024

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). Rohit Narang , managing director of APAC, Currencycloud said: “The IPA for a Major Payment Institution Licence is testament to the strength of the Currencycloud brand.

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Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

Fintech Finance

APRIL 9, 2024

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 Payment Institution (MPI) license by the Monetary Authority of Singapore.

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APACS Cross-Border Security Alternative Payment Methods 52

Finextra

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS).

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Payments Institute APACS Authorization Payments 45

Fintech News

OCTOBER 7, 2024

Japan’s JCB International has expanded its partnership with Canadian payments firm Nuvei. This enables businesses in Singapore and Hong Kong to accept JCB credit and debit card payments through Nuvei’s platform. The partnership allows merchants integrated with Nuvei to accept payments from JCB’s 158 million cardholders.

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Alternative Payment Methods APACS Debit Card Volume 109

Fintech News

MARCH 6, 2024

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore.

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Security APACS Regulatory Compliance Compliance 109

Finovate

MARCH 7, 2024

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang.

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Multi-Currency Cross-Border APACS Cross-Border Payments 97

Fintech News

MAY 28, 2024

As part of this expansion, B2C2 shared that it will apply for a Major Payment Institution license from the Monetary Authority of Singapore. Backed by the Japanese financial services group SBI, B2C2 offers credit, deep liquidity, competitive pricing, and market-leading settlement services to institutional clients.

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APACS Settlement Advisors Regulations 113

The Fintech Times

OCTOBER 8, 2024

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.

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APACS Alternative Payment Methods Volume Acquirers 52

Fintech News

FEBRUARY 7, 2024

With a highly skilled international workforce, long-established support for innovation and a well-developed reputation as a global finance hub, cross-border payments in Singapore have the makings of a global hub. These figures emphasize the high focus on cross-border payments in the domestic payment market.

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Cross-Border Payments Cross-Border Payments B2B 109

Fintech News

APRIL 7, 2024

GSR, a global cryptocurrency trading firm and liquidity provider, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). located in Singapore, to provide digital payment token services. This license allows its subsidiary, GSR Markets Pte.

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Treasury Management APACS Procedures Treasury 106

The Nilson Report

APRIL 26, 2024

The post Nuvei secures MPI License in Singapore to Accelerate APAC Expansion appeared first on Nilson Report.

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APACS Security Posting Cross-Border 52

Fintech News

JANUARY 9, 2024

Crypto custodian BitGo announced that its Singapore subsidiary has been granted in-principle approval by the Monetary Authority of Singapore (MAS) for a Major Payment Institution License for digital payment token services.

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Web 3.0 APACS Authorization Gateways 84

The Fintech Times

JULY 25, 2024

China’s B2B cross-border trade payment platform, XTransfer , is strategically partnering with EBANX , the payment platform connecting global companies with customers in Latin America, Africa, and Asia, to streamline B2B trade payments in Latin America (LatAm).

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Payment Solutions Cross-Border Alternative Payment Methods Multi-Currency 64

Fintech News

FEBRUARY 19, 2024

The conversation delved into the transformation journey of Currencycloud into Visa Cross-Border Solutions , a foreign exchange and cross-border payments solution within Visa, and how it addresses the challenges of cross-border payments in today’s fintech landscape.

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Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 117

Fintech Review

OCTOBER 7, 2024

Unlocking Global Cross-Border Payment Flows Stablecoins like XSGD are rapidly emerging as the preferred solution for on-chain cross-border payments, providing a secure and efficient alternative to traditional financial systems.

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Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

Fintech Finance

APRIL 8, 2024

TerraPay , a global money movement company, has been granted a Major Payment Institution (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.

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Cross-Border Payments Cross-Border Regulatory Compliance APACS 52

Fintech Finance

MARCH 6, 2024

Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

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Authorization Multi-Currency Cross-Border Payments Institute 52

Finovate

OCTOBER 18, 2024

Emerge’s technology simplifies expense tracking, enables the creation of debit cards — including an unlimited number of virtual cards — and allows users to make and receive payments with a New Zealand business banking account backed by ANZ. PXP Financial teamed up with Latin American payments platform Kushki.

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Cross-Border Payments Cross-Border Advisors Payments 59

Fintech News

JANUARY 22, 2025

APAC has solidified its position as the leader in global real-time payments, processing nearly 70% of the worlds 266 billion transactions in 2023. What makes APAC unique is its blend of diverse regulatory frameworks and a multitude of exotic currencies, creating a dynamic payments environment. in APAC and 44% globally.

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Real Time Payments APACS ISO 20022 Cross-Border 123

Fintech News

FEBRUARY 17, 2025

trillion in cross-border payments, the APAC region is poised to benefit significantly from the surge in cross-border money movement. Real-time payments have allowed consumers and businesses to experience how beneficial, fast, and easy payments can be, changing their expectations of cross border money movement.

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Cross-Border APACS Cross-Border Payments Real Time Payments 118

Fintech News

FEBRUARY 16, 2025

EBANX, a global payment service provider specializing in emerging markets, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Currently, 39% of EBANXs processed volume comes from APAC.

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APACS Cross-Border Payments Settlement 92

Fintech Finance

FEBRUARY 17, 2025

EBANX , a leading global Payment Service Provider (PSP) specializing in emerging markets, today announced that EBANX Pte. has been granted In-Principle Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).

Payments Institute 59

Payments Institute Authorization Global Payments APACS 59

Fintech News

FEBRUARY 12, 2025

Finmo, a treasury management and payments platform, has secured US$18.5 Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates. Finmo secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in August 2023.

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Treasury Management Treasury Cross-Border Payments Multi-Currency 100

Fintech News

DECEMBER 17, 2024

Both Moomoo Singapore and Sygnum Singapore hold Major Payment Institution licenses. Gerald Goh Gerald Goh, Sygnums Co-Founder and CEO APAC says, DAMMF was created to provide investors with the opportunity for long-term capital appreciation by participating in the crypto megatrend.

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Accreditation APACS Returns Payments Institute 104