Payments
Razer Merchant Services Partners Google Play and E.SUN Bank in Taiwan
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has announced a partnership with Google Play and E.SUN Bank to expand payment options in Taiwan. The collaboration will enable Google Play users in Taiwan to make payments using RMS’
Read More
Hong Kong Wraps up First Phase of e-HKD Pilot Programme, Report Now Available
The Hong Kong Monetary Authority (HKMA) has published a report on the first phase of its e-HKD pilot programme which was first launched in November 2022. An e-HKD is a digital version of the Hong Kong dollar that is issued
Read More
Why It Is Time to Give Payments a Seat at the Table for E-Commerce Growth
E-commerce has evolved significantly in the last few years, ushering in an era of connected payments. This era is characterised by the emergence of innovative payment types, cutting-edge payment infrastructure, and novel business models. A key symptom of the connected
Read More
Thunes and China Construction Bank Partner for Cross-Border Payments
Global cross-border payments infrastructure network Thunes and China Construction Bank (CCB) have announced a partnership to collaborate on cross-border payments. Thunes had recently opened a Beijing office in June 2023. The partnership will enable Thunes to support CCB in offering
Read More
Chinese Payments Firm Fuiou Pay Ties up With Visa Cross-Border Solutions
Shanghai-based global payment company Fuiou Pay has partnered with Visa Cross-Border Solutions to provide its China-based SME exporter clients with a comprehensive, secure cross-border funds collection and settlement solution. The Visa Cross-Border Solutions (VXBS) combines the best of Visa’s homegrown
Read More
Airwallex Enters Mexico
Hong Kong based Airwallex, announced it has signed a definitive agreement to acquire MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder. The transaction is subject to regulatory approvals and customary closing conditions. This
Read More
Nuvei Expands Presence in Asia Pacific with New China Hub
Nuvei, the Canadian fintech company, has established a new operational hub in China, reinforcing its presence in the Asia-Pacific (APAC). Philip Fayer, Nuvei Chair and CEO commented, “We’re excited to announce our new office in China as we continue expanding
Read More
BIS, Hong Kong and Israel Release Report on Secure Retail CBDCs
The Hong Kong and Israel central banks along with the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre have published a report on building a more secure and accessible retail central bank digital currency (CBDC) ecosystem. Dubbed as
Read More
Ant Group CEO Eric Jing Says Digital Yuan Could Bring ‘Huge Synergy Effects’
Fintech giant Ant Group‘s Chairman and CEO has Eric Jing has come forward to express his support for e-CNY, China’s central bank digital currency (CBDC). The People’s Bank of China (PBoC) had begun the pilot trials of e-CNY in 2019
Read More
Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report, the global payments sector is approaching a staggering revenue opportunity of nearly US$2 trillion. In the
Read More