Payments

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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Navigating Uncertainty with Robust Payment Solutions

In the dynamic global marketplace, businesses encounter a multitude of uncertainties and variables. Market trends undergo fluctuations, technology advances rapidly, consumer preferences subtly shift and change frequently, and economies can take unpredictable turns. Businesses must integrate resilience into their strategic

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Is Your Organization Leveraging the Full Potential of ISO 20022?

The advent of ISO 20022 signifies a monumental shift in the financial world, a transition that promises unprecedented transparency, efficiency, and improved risk management. This financial standard elevates transaction data richness to a new level by offering up to ten

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AsiaPay Taps PayMe by HSBC to Expand Payment Options for Hong Kong Merchants

AsiaPay, a digital payment solutions in the Asia Pacific, has announced the partnership with PayMe by HSBC in Hong Kong to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.

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