FinTech

Ant Group, Mastercard, e-wallets launch International Consumer Friendly Zones program in Shanghai to drive inbound tourism to China

Ant Group and Mastercard, along with 12 overseas payment partners of Alipay+ and other major international card organizations, have launched the International Consumer Friendly Zones program in Shanghai.

Triple-A to integrate Paxos-issued PayPal USD into its payments solutions

Triple-A, the Singapore-based digital currency financial institution, has announced it will incorporate PayPal USD (PYUSD) into its payment services, allowing clients to accept the stablecoin as a payment method, and to facilitate cross-border payments using the stablecoin.

HSBC leads Series A investment in Singapore digital market infrastructure operator Marketnode

Marketnode, a Singapore-based digital market infrastructure operator, has on Thursday announced the successful first close of its Series A investment round led by HSBC alongside contributions from existing shareholder Temasek.

Inflight Dublin, Soft Space collaborate to enhance inflight passenger experience in Southeast Asia

Soft Space, a Malaysia-based fintech-as-a-service (FaaS) provider, and Inflight Dublin, a prominent provider of inflight entertainment (IFE) solutions, have announced a strategic collaboration aimed at transforming the airline inflight experience, from ordering to paying for goods and services.

Pyvio partners Currencycloud to deliver cross-border payments for Chinese e-commerce businesses

United Kingdom-based fintech firm Currencycloud has on Wednesday announced a partnership with Chinese payment firm Pyvio, offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.

MOVE Digital’s revenue drops in first quarter due to declining AirAsia flights sale

MOVE Digital, the digital arm of Malaysia-based Capital A, saw its revenue fell 18 percent year on year to MYR 130.2 million ($27.68 million) in the first quarter. The drop was mainly attributed to decline in sale of AirAsia flights due to heightened price competition in the online travel agency (OTA) landscape, and the cessation of commissions from sales…

Curlec by Razorpay inks partnership with TNG Digital

Malaysia’s fintech firm Curlec by Razorpay has announced its partnership with TNG Digital, the operator of TNG eWallet. Directly integrated with the TNG eWallet enables Curlec to work collaboratively to empower underserved markets to improve financial accessibility for merchants and consumers nationwide.

Singapore fintech firm Aspire enters Hong Kong, positioned for further growth across Asia

Aspire, a finance platform headquartered in Singapore, has on Wednesday announced that the company has successfully obtained a money service operator (MSO) license issued by the Hong Kong Customs and Excise Department.

XTransfer partners TerraPay to provide enhanced cross-border payment solutions to global SMEs

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, has on Tuesday announced a strategic partnership with TerraPay, leading global money movement company.

More than e-commerce, PH’s Internet Transactions Act will propel even more demand for local fintech

More than e-commerce, the ITA promises to become a significant driver of the development of #fintech segments related to #ecommerce — digital-forward banking, #ewallets, and digital lending.