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Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. The 13 APAC companies featured this year span a diverse range of industries, including telecoms, financial institutions, tech giants, and fintech startups.
Ricky now serves as Managing Director for South Asia at TBCASoft, a global fintech driving next-generation cross-border NFC and QR person-to-merchant (P2M) payments using blockchain-based technology. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.
Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. Read more about OpenWay’s Gen AI digital payments usecases here.
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.
To allow industry stakeholders to connect and keep up with this fast-moving industry, event organizers are hosting a number of fintech conferences and gatherings across Asia-Pacific (APAC). The following is a curated list of the top fintech events taking place in APAC in H2 2024.
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.
To better understand why SaaS is no longer just a cloud delivery model but a strategic enabler of next-generation banking, Fintech News Network spoke with Suresh Raman, Head of SaaS APAC at Temenos. Such an approach is particularly relevant in APAC, where institutions vary widely in digital maturity.
Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 billion in H2 2022 to US$5.1 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.
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.
Regardless of industry or usecase, whether lending to SMEs or offering Buy Now, Pay Later products, auto loans, or credit cards, and regardless of delivery method (embedded finance, digital banking, traditional branches, or fintechs), the right decisioning platform is essential for long-term success, growth, and profitability.
This partnership between UDPN and FORUS Digital will focus on helping central banks deploy a secure CBDC testing environment for creating usecases and defining new regulations. The UDPN aims to drive down payment and foreign exchange costs whilst accelerating the uptake of regulated digital currencies.
Debuting online on March 3, 2025, across the APAC, EMEA, UK, and LATAM regions, the ad will be the first step in announcing Simu Liu as Unlimits first global brand ambassador. The campaign shows businesses how important it is to choose the right partner in payments and allow customers to pay any way they want, anywhere they want.
In a Masterclass interview with PYMNTS, Tom Donlea , vice president and general manager, APAC at global identity verification provider Ekata , said Asia offers greenfield opportunities — and some areas of risk — for merchants looking to offer digital wallets. For the firms that get it right, the opportunity within APAC is significant.
Asia Pacific (APAC) is the largest real-time payments market, with 185.8 With four of the top five real-time payments markets by volume, the APAC region is projected to see over 351.5 Peru and Colombia are predicted to have the highest 2023-2028 CAGRs in the region, with 51.2% and 42.6%, respectively.
However, this one delves into the driving factors and usecases that have allowed certain regions and countries to develop a thriving real-time payment ecosystem. The world’s most successful real-time payments schemes, notably those in India and Brazil, also feature usecases that have proved popular beyond imagination.”
We are uniquely positioned to capture this opportunity by providing the tech core foundations and innovation usecases.” Clara Ho “Peak3 has also proven its capability to deliver greenfield digital insurance initiatives and complex multi-country core modernisation projects in APAC and EMEA.
Debuting online on March 3rd, 2025 across the APAC, EMEA, UK, and LATAM regions, the ad will be the first step in announcing Simu Liu as Unlimits first Global Brand Ambassador, and will continue running across various digital channels for the remainder of 2025.
or the EU, India and the broader APAC regions, where local authorities have mandated this option," said Gurukula. Finding The Most Valuable UseCases. Look toward the push-to-debit payments capability as an example of how usecase identification can support adoption. The faster payments ecosystem in the U.S.
She has over two decades of experience in leading global marketing teams across the US, EMEA and APAC. Based in Sydney, Anthony will be responsible for leading FNZs strategy in the region, enhancing client partnerships, and ensuring the delivery of market-leading wealth management solutions to financial institutions across APAC.
. #4 BaaS to the Future: How Banking-as-a-Service Is Shaping the Future of Finance A panel featuring Kelvin Tan, CEO of audax; Aman Narain, Head of Global Platforms at HSBC; Jeff Tijssen, Expert Partner and Global Head of Fintech at Bain & Company; and Alan Lin, APAC Head of Payments & Commerce Solutions at J.P.
(The Paypers) Several companies in the Asia-Pacific (APAC) region are looking to leverage the high user base of cryptocurrencies and explore the other possible use-cases, according to GlobalData.
. #4 BaaS to the Future: How Banking-as-a-Service Is Shaping the Future of Finance A panel featuring Kelvin Tan, CEO of audax; Aman Narain, Head of Global Platforms at HSBC; Jeff Tijssen, Expert Partner and Global Head of Fintech at Bain & Company; and Alan Lin, APAC Head of Payments & Commerce Solutions at J.P.
Non-cash transactions boom; APAC leading adoption Non-cash transaction volumes rose to 1,411 billion in 2023 and are on track to reach 1,650 billion in 2024. Today, Asia-Pacific (APAC) stands out as one of the fastest growing regions for non-cash transactions with a 20% YoY increase in 2024 compared to Europe (16%) and North America (6%).
In North America, 27 per cent of banks displayed low readiness, followed by Europe with 31 per cent, and Asia-Pacific (APAC) exhibiting a significant lag, with 48 per cent of banks scoring low. In addition, 39 per cent of executives express dissatisfaction with the outcomes of their AI usecases further reinforcing this disconnect.
Initially designed for Microfinance Institutions to handle digital bulk loan repayments and disbursements, the portal is now being enhanced for broader usecases. Frans Wiwanto Frans Wiwanto, CEO – APAC, Flywire (Singapore) Frans Wiwanto is the APAC CEO of Flywire Singapore.
In other news, Mastercard, Alipay, and VeChain are some of the large players supporting the APAC Provenance Council, Cointelegraph reported. The Australian government’s National Blockchain Roadmap noted supply chain tracking as an important usecase.
In short, yes – responding to customer needs has always been essential to maintaining relevance, and the ability to stay apace with the innovation of the digital world has become a matter of survival.
Other sessions also delved into key trends and issues shaping the global payment landscape, including open banking in Europe, the QR code revolution in Asia as well as the US’s card dominance. Day 2 featured discussions on small business empowerment, consumer financial resilience, and lending strategies in Thailand.
In embedded finance, we focus on three usecases: payment for platforms, embedding money movement into core products (global treasury), and enabling startups to build global or domestic banking products. Language barriers also add complexity, given the diverse languages in Europe and Latin America.
Davi: If you look at real-time payments in the US, most of the activity is happening on the pay-out side or the account-to-account side of things. It hasnt really gone from that particular usecase to the pay-in usecase, at least not at scale. So thats the usecase that we are focusingon.
The new Telegram Growth Hub was launched by OKX Ventures , the investment arm of crypto exchange and Web3 tech company OKX, The Open Platform (TOP), VC and venture builder for early-stage projects on the TON blockchain , and Folius Ventures , a hybrid investment fund focusing on the APAC Web3 landscape.
The topic was addressed in a PYMNTS interview with Terry Angelos, senior vice president and global head of FinTech at Visa and Venkatesh Saha , head of expansion (Middle East & APAC) at TransferWise. As for other usecases, Angelos said that B2B payment flows are about $120 trillion, measured globally and annually, where paper dominates.
The payments platform is designed to enable payments for app stores, games and streaming services, among other usecases. “In We are delighted with the first countrywide deployment of M400,” Yiannos Papadopoulos, president of APAC at Verifone, said in the announcement.
Global working capital tech player, CredAble partners with Chekk , a leader in digital identity and Know Your Customer (KYC) solutions provider, to streamline the onboarding and compliance workflows of Financial Institutions (FIs) in regions like the APAC, MENA, and Europe.
Sanctions-related transactions Transactions with sanctioned entities and jurisdictions represented a significant portion of illicit transaction volume in 2023, totaling US$14.9 This trend emphasises the geopolitical dimensions of crypto crime, with sanctions evasion emerging as a significant usecase for cryptocurrencies in certain regions.
To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs — especially incumbent FIs — are facing rapid changes in payments that demand they modernize payments processing, embedding new functionality along the way.
Visa Direct is a VisaNet processing capability that allows safe, convenient, near real-time funds delivery directly to financial accounts using card credentials. and Canada in North America and Hong Kong and Singapore in APAC.
As a modern and agile payment processor supporting a broad set of usecases from digital banking to B2B disbursements, Thredd is well positioned to provide organisations with a trusted alternative to legacy U.S. Making this first move working closely with a trusted client like B4B Payments to further their U.S.
The event is poised to provide a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more. The BOT expects initial usecases under the new policy to be implemented in 2025.
Another session that caught our eye on the Vision stage included ‘Connecting for Change: MUFG’s Strategy for Fintech Integration’, a presentation and discussion with Masakazu Osawa , managing executive officer and chief executive, APAC at MUFG Bank, which outlined how MUFG identifies and collaborates with promising startups.
Said the CEO, according to Forbes : Mass adoption, in usecases where the marquee crypto is used for payments, will be a long way away. The slow pace of adoption might be illustrated in Armstrong’s estimation that roughly 10 percent of cryptocurrencies are actually used for purchases done online.
In Washington, we will feature a session that highlights a usecase from a leading APAC-based bank. Successful customer communications through the use of modern technology has been elusive in the United States in the shadow of an outdated 1991 law – The Telephone Consumer Protection Act (TCPA).
Weavr A plug-and-play embedded finance platform designed for non-financial companies, with ready-made usecase templates. Basiq An Australian open banking platform providing real-time financial data access and transaction insights for APAC fintechs and platforms. Best for : Businesses seeking quick-to-launch card solutions.
Australia-based Ripple APAC will continue to service Australia, New Zealand, Singapore, India and the Middle East. Larsen uses this concept when he commented on the SBI partnership, “Interbank payments establish the foundation of the Internet of Value. ASEAN countries.
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