FinTech

Hong Kong’s Reap launches ledger for spending bitcoin and other virtual assets by card

Hong Kong-based Reap has launched a Virtual Asset Ledger that lets card-issuing clients make bitcoin and other virtual-asset balances spendable at the point of sale.

US-based Circle to buy Singapore’s Tazapay for $400M to expand USDC cross-border payments

The United States-based Circle Internet Group, the issuer of the USDC stablecoin, will acquire Singapore's Tazapay, a cross-border business-payments company, in an all-stock deal to expand its global payments network.

Bombay High Court lifts freeze on Coda Payments India accounts

Bombay High Court set aside orders freezing about ₹100 crore in Coda Payments India’s bank and payment accounts, while leaving related proceedings unresolved.

DBS and Citi partner to enable instant cross-border USD payments with tokenized deposits

Singapore-based banking group DBS and US lender Citi have teamed up to enable instant cross-border USD payments with tokenized deposits.

Citi Hong Kong to launch virtual card with dynamic CVC for online payments

Citi Hong Kong will launch a virtual credit card with a dynamic CVC for eligible Mastercard customers to add protection to online transactions.

Juniper Research sees omnichannel payment platform revenue reaching $108B by 2031

Juniper Research forecasts global omnichannel payment platform revenue will rise 57 percent from $56 billion in 2026 to $108 billion in 2031.

red and purple light digital wallpaper

Q-Day is the deadline, not the starting point: An operational roadmap for Singapore financial institutions

Ken Lin of Aires Applied Quantum Technology outlines an operational roadmap for Singapore financial institutions preparing for post-quantum migration, from cryptographic inventory and prioritization to vendor readiness, testing and governance.

Philippines SEC clears Mynt’s proposed GCASH IPO

The Philippine SEC cleared Mynt's proposed GCash IPO of up to PHP 92.32 billion, subject to remaining requirements and final offer terms.

Singapore-based Ant International gets Brazil payment-institution licence

Singapore’s Ant International has received a payment-institution license from Brazil's central bank, expanding its regulated presence in the country's payments market.

Ping An Digital Bank launches e-commerce financing

Ping An Digital Bank has launched receivables-backed financing of up to $5 million for eligible cross-border e-commerce merchants.