Fintech News

MAY 22, 2024

Data analytics company LexisNexis estimates that the cost of financial crime compliance in APAC will approach the US$45 billion mark in 2023, showcasing the substantial investment required to meet stringent compliance requirements. Today, we delve into these firms’ offerings, recent strides and contributions to the field.

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Financial Crimes Crime APACS Risk Assessment 78

The Fintech Times

MARCH 6, 2024

The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.

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

Fintech News

OCTOBER 23, 2024

The growing digital maturity of APAC, coupled with the rise in cloud computing, is also driving the adoption of third-party banking software solutions. Cloud adoption in APAC has lagged behind more developed regions, largely due to the region’s complex regulatory environment.

Finance 111

Finance APACS Multi-Currency Origination 111

The Fintech Times

MAY 29, 2024

Looking to simplify this, Currencycloud , the company simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a new partnership. In turn, this will make the cross-border payments process not only more efficient but more cost-effective too.

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Cross-Border Payments Cross-Border Multi-Currency APACS 59

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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Authorization Multi-Currency Cross-Border Payments Institute 52

Finovate

OCTOBER 11, 2024

Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. The company’s international digital payments network supports more than 145 currencies, and processes billions of transactions a year.

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Multi-Currency Stablecoins Visa Cross-Border Payments 104

Fintech News

FEBRUARY 19, 2024

That, then evolved into multi-currency wallets and the ability to hold multiple currencies. The Fintech Advantage for Partnering with Visa Cross-Border Solutions Visa Cross-Border Solutions is still growing its reach and capabilities further, the APAC VP stated.

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Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 107

Fintech Finance

MAY 29, 2024

Currencycloud , experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.

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Cross-Border Payments Cross-Border Multi-Currency APACS 52

Fintech News

OCTOBER 22, 2024

YouTrip YouTrip illustration, Source: YouTrip Launched in 2018, YouTrip is a mobile financial platform based in Singapore that offers a multi-currency mobile wallet and a contactless Mastercard to make payments in over 150 currencies. The platform is designed for travelers and tech-savvy consumers alike.

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FinTech Multi-Currency Online and Mobile Banking APACS 106

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. 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 98

Fintech News

JUNE 20, 2024

Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. For example, if a new travel destination becomes popular, Gen AI can prompt Way4 to add another currency account to an existing card.

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Use Case AI Multi-Currency Payments 120

The Fintech Times

JUNE 12, 2024

” Further benefits from Till Additionally, BigCommerce merchants with a multi-channel retail strategy can now benefit from Till’s comprehensive, all-in-one payment solutions to unify in-store and online payment services for a seamless, efficient, and secure experience for merchants and their end customers.

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Process APACS Payments Multi-Currency 64

Fintech News

MARCH 26, 2024

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.

FinTech 94

FinTech APACS Payment APIs and Integration Multi-Currency 94

The Fintech Times

JULY 25, 2024

Wei Duan , VP of APAC at EBANX, said: “This partnership marks a significant milestone for both companies, and we are excited about the potential of the LatAm market for global digital merchants. .”

Payment Solutions 64

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

PYMNTS

JANUARY 28, 2021

27) that they have formed a global partnership that will deploy and expand TransferWise’s multi-currency debit cards and mark the first use of Visa Cloud Connect. TransferWise has said that its multi-currency accounts allow consumers and businesses to hold and convert 55 currencies at real exchange rates.

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Cross-Border Multi-Currency Debit Card Cross-Border Payments 72

Fintech Finance

MARCH 26, 2024

Weel currently supports bill and reimbursement payments to recipients in Australia and with this partnership, customers will be able to make payments globally and in real-time (depending on the market they are sending to), as well as convert currencies and hold balances in multi-currency wallets.

Debit Card 52

Debit Card Cross-Border Payments Multi-Currency Cross-Border 52

The Fintech Times

AUGUST 13, 2024

Regulatory alignment platform Fund Recs has appointed Shane Flatman as its strategy and business development director, APAC to expand its footprint in the region. Over the course of his career, he has held several leadership roles at UBS, Wachovia Bank, J.P. Morgan and Goldman Sachs.

FinTech 59

FinTech On-Demand Multi-Currency AI 59

PYMNTS

JANUARY 21, 2020

Figuring out payment infrastructure in countries like Chile or in LATAM , MENA or APAC is complicated and multi-faceted. It also provides built-in, value-add[ed] services that include automated currency conversion, guaranteed fund repatriation for settlement in the U.S.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Multi-Currency APACS 52

The Fintech Times

DECEMBER 19, 2023

As part of the agreement, Allfunds Tech Solutions has developed a cutting-edge multi-asset research centre exclusively for Ardan’s advisors. Funding and investments AbbeyCross, a wholesale FX platform focused on improving the payment market infrastructure for emerging market currencies, has raised $6.5million in its seed funding round.

FinTech 59

FinTech Multi-Currency Agreements Risk Management 59

Fintech News

AUGUST 13, 2024

The region is leading the way with initiatives such as real-time cross-border payment linkages and the exploration of multi-central bank digital currency (CBDC) settlements. One of the things that we’ve noticed, and maybe more specifically in APAC, is just the number of domestic payment rails that are now instant.”

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Cross-Border Payments Cross-Border Payments Instant Payments 122

PYMNTS

JANUARY 17, 2019

16) that growth in Marcus continues apace, and that the online lending and savings offering had logged $35 billion in deposits last year, with growth logged dually in the U.S. Solomon pointed to the endeavor to evolve offerings from a single product to a multi-product platform. News came Wednesday (Jan. and the U.K.,

FinTech 74

FinTech Cash Management Multi-Currency Treasury 74

Fintech Labs Insights

AUGUST 22, 2016

Live in more than 40 countries, Signature helps mid-tier and larger banks serve enterprise clients as a multi-lingual, multi-currency core accounting processing platform. Join us as Finovate returns to the APAC for FinovateAsia 2016 on November 8. Interested in fintech in Asia?

Multi-Currency 18

Multi-Currency Credit Union APACS Process 18

Fintech News

JULY 23, 2024

It also comes a payment card which allows users to spend their crypto directly in fiat currency. The company says its fintech solutions are used by more than 22,000 firms and SMEs around the world, making it one of the leading payment services providers in Asia-Pacific (APAC) and the US.

FinTech 122

FinTech Online and Mobile Banking Multi-Currency Non-Bank 122

Fintech Finance

DECEMBER 7, 2023

Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe , the Mumbai-based cross-border payments Fintech, to expand BriskPe’s customers’ payment options. What’s more, Currencycloud’s enhanced scalability allows us to deliver value to our clients without compromising on service quality.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 52