Payments

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

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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

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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

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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

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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

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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

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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

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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

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Elevate Your Brand With the Future of Checkout Experiences

The global retail landscape is in the throes of a transformative phase, reshaping the very essence of the shopping experience. In the age of instantaneous gratification and hyper-connectivity, consumers have evolved.  They no longer just buy products; they seek experiences.

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S. Korea’s MOIN Partners Currencycloud to Enhance Cross-Border Payments

Currencycloud, a provider of B2B embedded cross-border solutions, and South Korean cross-border payment company MOIN join forces to make cross-border payments faster, cheaper, and more secure. MOIN aims to reduce the cost of remittances for its customers. By tapping Currencycloud’s

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