Payments
Airwallex Ties up With Agoda to Ease Travel Planning for Hong Kong SMEs
Cross border payments firm Airwallex has partnered with global digital travel platform Agoda to make travel planning easier for Hong Kong SMEs and startups. These Hong Kong SMEs and startups with Airwallex Business Accounts can will have access to a
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ZA Bank Partners Wise to Enable Hongkongers to Make Remittances to 14 Currencies
Virtual bank ZA has partnered with online money transfer service Wise to offer low-cost and quick international money transfers to Hongkongers. ZA Bank users will soon be able to make international money transfers from HKD to 14 currencies, including AUD,
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Thunes Rolls Out Instant Payments for Weixin’s 1.3 Billion Users
Global cross-border payments network Thunes has partnered with Tencent Financial Technology, Tencent’s fintech arm, to allow members of its global network to send international payments to Weixin users. Weixin, with its international version known as WeChat, facilitates one of China’s
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BIS, Central Banks Complete Large Scale Cross-Border CBDC Pilot
Project mBridge, a collaboration between four central banks and the Bank for International Settlements (BIS) Innovation Hub Hong Kong Centre, has completed a successful pilot involving the use of central bank digital currencies (CBDCs) by commercial banks to conduct real-value
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Airwallex Supports Lithuanian Payment Processor to Send Money to 149 Countries
Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149 countries and open IBAN accounts of 9 countries. Paysera is a licensed e-money institution providing payment gateways, currency conversion, payment
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AlipayHK Launches BNPL Payment Option With Ant Bank PayLater
Ant Bank and AlipayHK have announced the launch of Ant Bank PayLater on AlipayHK’s e-wallet ahead of the Double 11 and Christmas shopping sprees. The buy now pay later (BNPL) service, which is currently in its trial period, allows approved
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Samsung Ramps up Fintech Play
South Korean computers and electronics manufacturer Samsung is ramping up its fintech play, launching new finance products in India and South Korea, including credit cards, loans for consumer electronics purchases, and a new all-encompassing fintech app. Samsung’s digital lending program
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Hong Kong’s Rapid Digital Adoption Drives Demand for Better Mobile Banking UX
Mobile banking is growing in popularity in Asia, with a new study showing the region is home to some of the world’s best banking experiences on mobile devices, such as in Hong Kong and Singapore. The study, conducted by Sia
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Airwallex Extends Series E With Additional US$100 Million Funding
Cross border payments firm Airwallex announced that it recently closed its Series E2 financing round with the same US$5.5 billion valuation, bringing its total funds raised to more than US$900 million. The fintech had managed to extend its Series E
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Statrys and DBS’ Payments and Collections Solution Bags The Asset Triple A Award
Statrys, a Hong Kong-based fintech providing virtual business accounts for SMEs, has been recognised together with DBS Bank as the ‘Best Payments and Collections Solution Hong Kong’ at The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management
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