China

Singapore lender DBS and payment firm Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitization and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.

WeRide, a China-based autonomous driving technology, and Grab, Southeast Asia’s superapp, announced last Friday that Singapore’s Land Transport Authority (LTA) has granted them approval to conduct autonomous vehicle (AV) testing with the entire Ai.R fleet within the Punggol district.

The National Bank of Cambodia (NBC) and TenPay Global have signed a memorandum of understanding (MOU) to promote digital payment between China and Cambodia.

XTransfer, the China-based business to business (B2B) cross-border trade payment platform, and Maybank, a Malaysia-based bank, announced Thursday a strategic partnership to expand cross-border payment and Shariah-compliant solutions.

TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, and the Federation of Malaysian Freight Forwarders (FMFF) have reaffirmed their commitment to jointly drive the full adoption of digital cross-border trade processing — beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.

China-based payment firm Tencent announced Tuesday the launch of TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating in global markets to accept a wide range of local payment methods with ease.

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.

Weixin Pay has signed a strategic cooperation agreement with National ITMX (NITMX), the operator of Thailand's national real-time payment system, PromptPay.