Fintech News

MARCH 18, 2025

The Monetary Authority of Singapore (MAS) has granted FlexM , a global fintech conglomerate, a Major Payment Institution (MPI) license. FlexM provides financial technology solutions to other financial institutions, covering payments, merchant acquisition, remittances, and regulatory compliance.

Cross-Border 71

Cross-Border Regulatory Compliance Financial Inclusion Payments 71

Fintech News

OCTOBER 31, 2024

The company provides solutions such as checkout, payment links and escrow services to simplify international transactions and reduce risks for both buyers and sellers. Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies.

Cross-Border Payments 131

Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 131

Global Fintech & Digital Assets

DECEMBER 18, 2023

General Applicability The Proposal would only apply to “larger participants” of the payments market that provide over 5 million covered consumer payment transactions per year through a digital application for consumers’ general use in making consumer payment transactions.

CFPB 75

CFPB Regulations Consumer Financial Protection Bureau (CFPB) Non-Bank 75

The Fintech Times

SEPTEMBER 23, 2024

Qoo10 , the Southeast Asian e-commerce platform, is feeling the wrath of the Monetary Authority of Singapore (MAS) as the regulator directs Qoo10 to suspend the provision of all payment services following merchant payment delays. The announcement will not completely shut down Qoo10.

Payments 59

Payments Disputes Service Provider Cover Payment 59

Stax

SEPTEMBER 26, 2024

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. Payment processors, if employed by the merchant, charge processing fees for handling the transaction authorization, settlement, and reporting services.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88