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Fintech-as-a-service provider Soft Space and JCB International Co, the international operations subsidiary of JCB Co Ltd, have jointly introduced Malaysia’s inaugural JCB paymentgateway. The post Soft Space and JCB Launch First PaymentGateway in Malaysia appeared first on The Fintech Times.
JCB), announced the launch of the first ever JCB paymentgateway in Malaysia. Leveraging JCB’s robust global network and Soft Space’s technical expertise, the JCB paymentgateway aligns with the global shift towards diversified digital transactions, meeting the market’s demand for secure, innovative payment options.
Not all doom and gloom: fintech is on the horizon Despite the outbreak of the pandemic, in 2020 the CentralBank of Sri Lanka (CBSL) launched its regulatory sandbox in an effort to boost its fintech sector and innovation. It was also exploring the idea of public input on the prospect and thoughts on open banking.
Digital Currency and Payments The emergence of digital currencies and associated payment systems has heralded a paradigm shift in the financial landscape, marked by a diverse array of players, technologies, and applications. Specialized paymentgateways have been built to enable digital currency payments.
Mastercard announced a strategic collaboration with Nigerian payment solutions provider Nomba. Peach Payments acquired West African paymentsgateway PayDunya. Central and Eastern Europe The Church of Greece announced plans to apply for a banking license en route to opening a digital bank later this year.
Asia-Pacific Singaporean fiat-to-crypto paymentgateway Alchemy Pay forged a partnership with Worldpay from FIS. Sub-Saharan Africa Mastercard launched new contactless payment solutions in Nigeria. African fintech Bloc launched its business banking solution this week. ” Tayo Oviosu , founder and CEO of Paga.
While centralbanks across the globe have begun researching the possibility of introducing a centralbank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.
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