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Forrester Report: The Future of APAC Payments

Fintech News

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. of e-commerce payments in 2022 to 4.4% APAC leads the world in digital wallet adoption.

APACS 115
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Lightnet and TransferMate to Enhance International Payments for Businesses

Fintech News

Singapore-based fintech firm Lightnet has entered a global partnership with B2B global payments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions. Under the agreement, Lightnet will integrate TransferMate’s global payments network into its platform.

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Wise Announces Major Milestones: PayNow Integration and Singapore Team Expansion

Fintech News

This integration signifies Singapore as the inaugural country where Wise has connected with two local payment systems, building on its previous integration with the FAST system in 2022. In a broader regional expansion, Wise Platform has initiated collaborations with Hong Kong’s Mox to offer simplified international payment solutions.

APACS 104
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Thailand’s T2P Taps Wise Platform to Offer Global Money Transfers for DeepPocket Users

Fintech News

a payment solution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure for banks and financial services. We’re delighted to partner with Wise Platform to bring that to life, enabling DeepPocket users to access cheaper and faster international payments seamlessly within the app.

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Key Strategic Recent Hires in Asia’s Fintech Ecosystem

Fintech News

Wise’s office space in Paya Lebar Quarter has been expanded to 23,000 square feet, making it its Asia Pacific (APAC) hub, where 450 employees work—more than double the number in 2022. Arvind Guruprasad has also joined Wise in Singapore as its APAC Head of Risk. Wise says its customer base in Singapore has grown 26% year-on-year (YoY).

FinTech 104
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Paymentology appoints Jeff Parker as CEO

Fintech Finance

In his previous role as SVP and Managing Director International at Marqeta he was responsible for building the company’s go-to-market and operational functions internationally and advancing the company’s service offerings in its key markets across Europe and APAC.

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Unlimit and VTEX Unite To Provide Enterprise Retailers With New Payment Options

Fintech Finance

Unlimit , the global fintech company, announced today a global partnership with VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers to further succeed with integrated global and agile payment service solutions. Merchants in the UK, U.S.