FinTech
TerraPay secures license from Malaysia to strengthen cross-border payments in APAC
TerraPay, the United Kingdom-based digital cross-border payments, announced Wednesday that it has been granted a Class B license by Bank Negara Malaysia (BNM).
Malaysia’s MPay secures Labuan FSA license to fuel regional and global Fintech expansion
ManagePay Systems Berhad (MPay), a Malaysian fintech company, announced Wednesday that Labuan Financial Services Authority (Labuan FSA) has approved MPay to establish a subsidiary in Labuan, namely MPay SPV Labuan Ltd. (MPay Labuan).
Singapore’s Thunes secures money transmission licenses to operate in the United States
Thunes, the Singapore-based payment firm, announced Wednesday it has secured the 50 licenses it requires to operate in the United States.
Singapore’s Thunes expands direct global network into Denmark, Norway, Sweden
Thunes, the Singapore-based fintech firm, announced Tuesday the further expansion of its direct global network with the launch of direct pay-to-bank services in Denmark, Norway, and Sweden.
Zalopay cooperates with Cake digital bank to expand digital financial touchpoints for Vietnamese users
Vietnamese payment platform Zalopay and digital bank Cake by VPBank announced Tuesday a comprehensive cooperation agreement, officially integrating Cake's key financial products right on the Zalopay application.
Nomupay secures $40M investment from Softbank to accelerate payment expansion across Asia
Ireland-based Nomupay has secured $40 million investment from Softbank to accelerate its global payment expansion across Asia.
Visa, Ant International, Grab, Tencent team up to grow AI commerce
Global payment firm Visa announced last Friday that it is in explorations with Ant International, Grab and Tencent to grow artificial intelligence (AI) commerce by enabling a secure and seamless checkout experience.
PingPong expands B2B cross-border payments platform for enterprises with new licenses in the Middle East and SEA
PingPong, the China-based cross-border payment solutions provider, has expanded its global payments platform into the United Arab Emirates (UAE) and Malaysia, following license approvals from local central banks.
AirAsia MOVE’s EBITDA grows by 10 percent on year in the first quarter despite lower revenue
AirAsia MOVE, the digital arm of Malaysia-based Capital A Berhad, announced last Friday that its earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 10 percent year on year.
Malaysia’s PayNet and Bank of China team up to explore seamless and real-time payment and settlement solutions
Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has signed a memorandum of understanding (MoU) with Bank of China (Malaysia) Berhad (BOC Malaysia) to explore seamless, real-time payment and settlement solutions that simplify financial flows between Malaysia and China.
