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M-DAQ Global, a fintech company based in Singapore, has announced the acquisition of Easy Pay Transfers Sdn. By integrating this service provider, M-DAQ Global seeks to strengthen its B2B solutions for foreign exchange and cross-border payments. a licensed B2B payments service provider in Malaysia. million (approximately US$19.7
The license will enable HitPay to provide merchant acquisition and domestic and cross-border money transfer services, opening cross-border opportunities for SMEs. This follows the in-principle approval issued earlier this year in February.
In their first full year of partnership in 2024, Payments Network Malaysia Sdn Bhd (PayNet) and Ant International , a leading global digital payment, digitisation and financial technology provider, brought new economic opportunities to Malaysian SMEs, with Alipay+ making up more than 80 percent of cross-border inbound QR payments via DuitNow.
The new year has dawned with a number of cross-border payment pacts, done across blockchain and other means. In Pakistan, as reported by Coindesk, Telenor Microfinance Bank and remittance firm Valyou Sdn Bhd (a Telenor subsidiary) have launched a payment platform based on Alipay’s blockchain offerings.
Two individuals were accused of being connected to the Lazarus Group cybercrime organization per an update of the “Specially Designated Nationals” (SDN) list from OFAC. Treasury has brought on an additional 20 new bitcoin addresses affiliated with two people to its sanctioned individuals roster, Coindesk reported.
Soft Space Sdn. Not only will this make cross-border payments more convenient, secure and seamless, it aligns well with our broader goal to promote Soft Space’s technology in other verticals such as transit and in-flight payments globally,” said Joel Tay, Chief Executive Officer of Soft Space.
The institution is recognised for spearheading the Islamic banking and finance industry, particularly through its cross-border business in retail and investment banking. As of 2024, it employs 994 individuals and is led by CEO Santoso Rohmad. MALAYSIA #1 Maybank Founded on May 31, 1960, Malayan Public Banking Corp.
Richard Crook, CEO of Deus X Pay, believes that at the heart of this partnership lies a commitment to solving real-world payment challenges, including slow processing times, high fees, and cross-border complexities. About Pen Aviation Pen Aviation Sdn.
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