Fintech News

OCTOBER 7, 2024

Nuvei, a fully licensed direct local acquirer in Singapore and Hong Kong, recently obtained a Major Payment Institution license in Singapore. The company’s modular payments platform connects clients with customers in over 200 markets, supporting 716 alternative payment methods and offering acquiring in over 50 markets.

Alternative Payment Methods 108

Alternative Payment Methods APACS Debit Card Volume 108

Fintech News

SEPTEMBER 22, 2024

Notably, North America saw a 30% rise in attack rates, in contrast to declines in Asia-Pacific (APAC) and Europe, the Middle East and Africa (EMEA), where rates dropped by 15% and 24%, respectively. According to the report, human-initiated attacks in financial services rose to 1.2% last year, up 8% year-over-year (YoY).

Accounts 142

Accounts Scams Bots Account Takeovers 142

Fintech News

DECEMBER 19, 2024

Credit cards are practically a relic of the past in China, with QR code payments via AliPay and WeChat Pay now already accounting for a collective 92% share in Chinas massive payments market. Its clear that APAC isnt just embracing the future of digital payments its defining it.

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APACS Payments Alternative Payment Methods Global Payments 93

The Fintech Times

OCTOBER 8, 2024

JCB International , Japan’s international payment brand, is expanding its global partnership with Nuvei Corporation , the Canadian fintech company, to include the Asia-Pacific (APAC) region. Nuvei also explained that the development is particularly significant for its customers in the APAC region.

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APACS Alternative Payment Methods Volume Acquirers 52

Fintech Finance

JULY 23, 2024

The offer is completely aligned with the preferences in Latin America: internal data of EBANX show that more than 75% of B2B transactions in the EBANX platform are paid with alternative payments (other than cards). This enables businesses worldwide to engage in cross-border trade with confidence in the LatAm region. “We

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B2B Facilitators Cross-Border APACS 104

The Fintech Times

OCTOBER 14, 2024

and more payment methods overall (average of six vs five) than that of mass consumers’, demonstrating their willingness to do more to maximise the incentives from each transaction. In APAC, affluent consumers use even more payment methods, with an average of 7.5 per person.

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APACS Visa Credit Cards Debit Card 52

The Fintech Times

JULY 25, 2024

Typical B2B payments can still take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024. Internal EBANX data also shows that APMs power over 75 per cent of B2B transactions in the EBANX platform.

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Payment Solutions Cross-Border Alternative Payment Methods Multi-Currency 64

Fintech Finance

MARCH 4, 2024

Unlimit will provide VTEX’s merchants with more domestic and international payment services to support growing cross-border commerce. This will include processing payments in local currencies, via alternative payment methods (APMs) Pix and Boleto, and a further 15 APMs in the coming months.

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Cross-Border Payment APIs and Integration Alternative Payment Methods Cross-Border Payments 52

The Fintech Times

APRIL 25, 2024

Nium, the real-time cross-border payments company, has expanded its partnership with Thredd , the payments processor, to issue virtual cards in the APAC region. The referral programme enables customers to receive a discount on their travel money purchases both in Travelex’s 66 stores across Japan or online.

FinTech 59

FinTech Payment APIs and Integration Alternative Payment Methods Cross-Border Payments 59

The Fintech Times

APRIL 30, 2024

The appointment underscores Xceptor’s continued investment and penetration into the APAC region. He was most recently head of APAC at Duco. Partnerships dLocal, a cross-border payment platform, has forged a partnership with Open English , an online English-learning platform.

FinTech 64

FinTech Online and Mobile Banking APACS AI 64

Fintech Finance

JANUARY 25, 2024

It is interesting to observe how the innovation brought by alternative payments is improving the whole ecosystem, and impacting cards as well – including debit ones – which remain steady and keep playing an important role in the digital economy as account ownership surges in rising markets.

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Economy Consumer Alternative Payment Methods Online and Mobile Banking 52

The Fintech Times

JANUARY 29, 2024

Africa heavily embraced digital payments causing a jump from a 23 per cent to a 46 per cent penetration rate in many of its countries in less than eight years. “Cards and alternatives are learning from one another, absorbing features from one another, paying attention to the needs of merchants and consumers,” Bellizia noted.

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Online and Mobile Banking Push-to-Card B2B Economy 64

The Fintech Times

JUNE 18, 2024

Pix, one of the payment methods supported by Yuno, now surpasses credit and debit cards as the preferred payment method in the country, with approximately 80 per cent of Brazilian adults using it in their day-to-day lives. What is Yuno doing to improve the payments sector in Brazil and LatAm?

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Payments Financial Inclusion Online and Mobile Banking Central Bank 64