FinTech

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.

A new era of opportunities to watch post-Bitcoin halving

A new variety of #crypto-focused products are now available, but is the market ready?

Singapore fintech firm Osome raises $17M Series B funding

Osome, a Singapore-based finance admin platform for founders and small and medium businesses (SMBs), has on Friday announced it has concluded its Series B funding round with over $17 million in capital in a mix of equity and debt, from new and existing investors.

Alipay+ partners Thai Tourism to launch world’s first D-hub for tourists

Alipay+, the cross-border mobile payment and digitalization technology solutions operated by Ant International, and the Tourism Authority of Thailand (TAT), have announced an expansion of their partnership with a series of new developments aimed at attracting more tourists to Thailand and enhancing their travel experience amidst strong travel demand.

Audax Financial Technology partners Paymentology to provide end to end cards-as-a-service solution

Paymentology, a next-gen global issuer-processor, has on Wednesday announced a strategic partnership with audax Financial Technology (audax), a Singapore-based digital banking technology solutions provider backed by Standard Chartered Ventures, to provide end to end cards-as-a-service (CaaS) solution.

Streamlining payments: Using your social media profile to get paid

The integration of social usernames as payment aliases addresses the fragmented nature of #DigitalPayments, but it goes beyond simple convenience. The integration of #Web3 technology also involves smarter payment routing, which enhances the financial landscape by ensuring a more efficient and secure processing of payments.