Payments

Airwallex Officially Launches in New Zealand

Cross border payments firm Airwallex is now a fully registered Financial Service Provider with the Financial Service Providers Register in New Zealand and has launched its global payment services in the country. Businesses in New Zealand now have access to

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Currenxie Is Now a Part of Amazon’s Payment Service Provider Programme

Currenxie, a Hong Kong-headquartered cross-border payments company, announced that it will be participating in Amazon’s Payment Service Provider (PSP) programme. Participating PSPs must have appropriate risk and compliance controls in place and work with Amazon to reduce the potential for

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Wisecard Ties up With Zwipe to Offer Biometric Payment Cards

Wisecard Technology, a Chinese solution provider for smart card issuance and innovative payment platforms, has partnered with Zwipe to bring biometric payment cards to consumers in the Asia Pacific (APAC) region. Through this partnership, Wisecard will deliver pre-built personalisation scripts

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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave

In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s 2020

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Airwallex Introduces Global Expenses Platform That Pairs With Its Multi-Currency Card

Global fintech platform Airwallex announced the launch of its global expenses platform that ties together with its virtual and physical multi-currency cards, both for corporates and employees. The new solution streamlines the expenses process through offering a single integrated platform

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Choco Up Partners Airwallex to Power E-Commerce Merchants’ Global Expansion

Choco Up, a revenue-based financing and growth platform, has partnered with global fintech platform Airwallex to support the growth of cross-border e-commerce. Bringing together Airwallex’s global payment technology with Choco Up’s funding platform and analytics tools, this solution will serve

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Airwallex Supports Investment App Plum’s Cross-Border Payments and FX Needs

Global fintech platform Airwallex announced its partnership with London-based investing app Plum to support its cross-border payments and FX needs. Airwallex was chosen as Plum’s global payments and FX partner to support the launch of the latter’s new stock investing

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Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments

In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden their reach and go global, a recent report by Currencycloud shows. Embedded

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Overhaul Needed for BNPL as Losses Mount up to US$ 5.2 Billion in APAC

Despite phenomenal growth, current buy now, pay later (BNPL) models are showing to be rather unprofitable. Quinlan and Associates, an independent strategy consulting firm, estimates that in Asia-Pacific (APAC), the largest BNPL firms, including Australia’s Afterpay and Japan’s Paidy, are

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PayNet Appoints Farhan Ahmad as Its Group Chief Executive Officer

Payments Network Malaysia (PayNet), the national payments network and shared central infrastructure for Malaysia’s financial markets, has named Farhan Ahmad as its new Group Chief Executive Officer effective 12 April 2022, succeeding Peter Schiesser. Farhan was the Founder and Chief

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