Fintech News

APRIL 10, 2024

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. The company that it will continue to invest in building its presence across APAC. ” said Philip Fayer, Nuvei’s Chair and CEO.

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Fintech News

MARCH 5, 2024

Currencycloud, a provider of B2B embedded cross-border solutions, has received in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The post Currencycloud Gets In-Principle Approval for Payments License From MAS appeared first on Fintech Singapore.

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Cross-Border Cross-Border Payments APACS Payments Institute 103

Fintech News

MAY 28, 2024

As part of this expansion, B2C2 shared that it will apply for a Major Payment Institution license from the Monetary Authority of Singapore. Backed by the Japanese financial services group SBI, B2C2 offers credit, deep liquidity, competitive pricing, and market-leading settlement services to institutional clients.

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Fintech News

MARCH 6, 2024

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore.

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The Fintech Times

MARCH 6, 2024

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). Rohit Narang , managing director of APAC, Currencycloud said: “The IPA for a Major Payment Institution Licence is testament to the strength of the Currencycloud brand.

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Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

Fintech Finance

JULY 23, 2024

We are thrilled to partner with XTransfer, expand our footprint in the APAC region, and support them in their acceleration in Latin America,” said Wei Duan, VP of APAC at EBANX. Together, we can offer unparalleled payment solutions that cater to the unique needs of exporters and importers in this dynamic region.”

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Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. Appel views OPAL’s partnership with Currencycloud as an example of fintech-to-fintech collaboration success.

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Cross-Border Payments Cross-Border Payment APIs and Integration Payments 111

Fintech Finance

APRIL 8, 2024

TerraPay , a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.

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Cross-Border Payments Cross-Border Regulatory Compliance APACS 52

Fintech News

APRIL 7, 2024

GSR, a global cryptocurrency trading firm and liquidity provider, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). located in Singapore, to provide digital payment token services. This license allows its subsidiary, GSR Markets Pte.

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Treasury Management APACS Procedures Treasury 84

Fintech Finance

MARCH 6, 2024

Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

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Fintech News

JANUARY 9, 2024

Crypto custodian BitGo announced that its Singapore subsidiary has been granted in-principle approval by the Monetary Authority of Singapore (MAS) for a Major Payment Institution License for digital payment token services.

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Fintech Review

OCTOBER 7, 2024

“We are excited to list XSGD, a stablecoin with immense utility across the APAC region, to our Bitstamp platform. This further supports the widespread adoption of stablecoins for cross-border payments and other financial transactions worldwide,” said Leonard Hoh, General Manager for APAC at Bitstamp.

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Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 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.

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Payment Solutions Cross-Border Alternative Payment Methods Multi-Currency 63

Fintech News

FEBRUARY 19, 2024

The conversation delved into the transformation journey of Currencycloud into Visa Cross-Border Solutions , a foreign exchange and cross-border payments solution within Visa, and how it addresses the challenges of cross-border payments in today’s fintech landscape.

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Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 109

Fintech News

FEBRUARY 7, 2024

Cross border payments in Singapore – Key Players The report, released on January 18, 2024, examines MPI license holders in Singapore to provide an overview of the market both as a whole and within key segments. Long-established payments hubs the US and the UK come next, followed by Hong Kong and China.

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Cross-Border Payments Cross-Border Payments Processors 106

Finovate

OCTOBER 18, 2024

This week’s edition of Finovate Global showcases news from the fintech industry in New Zealand. Business banking account Emerge secures investment In a round led by Altered Capital, New Zealand-based fintech Emerge has raised approximately $7.3 Here is our look at fintech innovation around the world. billion (£2 billion).

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Cross-Border Payments Cross-Border Advisors Payments 59