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Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion

Fintech Finance

Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore. billion Mastercard debit, credit and prepaid cards globally.

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Nuvei Expands Partnership With JCB to Singapore and Hong Kong, Increasing Focus on APAC Region

The Fintech Times

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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Worldline Group’s subsidiary obtains ‘Major Payment Institution’ licence for Singapore

Fintech Finance

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS). In India, Worldline has 1.5 million+ merchant touchpoints across 5000+ towns and cities.

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FOMO Pay and BNY to Streamline USD Payment Services for Corporate Clients

Fintech News

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”

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XTransfer and EBANX Join Forces to Support Firms Selling to Latin America With New Payment Solutions

The Fintech Times

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. 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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dtcpay Announces Shift to Stablecoin-Only Payment Services by 2025

Fintech News

By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant payment solution for businesses and consumers. Underscoring its global ambitions, dtcpay is the first Major Payment Institution (MPI) in Singapore to join the Luxembourg House of Financial Technology (LHoFT).

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Singapore, Hong Kong Merchants Gain JCB Acceptance Through Nuvei

Fintech News

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.