South Asia

B2B Payments
Global Payout, Inc. Expands Into the Philippines
April 29, 2014

aying Filipino international workers just got easier with Global Payout, Inc.’s announced expansion into the Philippines with its proprietary MoneyTracTM Consolidated Payment Gateway (CPG) platform. The move will make it easier for employers to compensate their employees no matter where they are on the globe...

International
Frrole Starts With Crowd-Funding, Ends Up With $245K In Angel Investment
April 22, 2014

Frrole, an India-based data analytics start-up that combs Twitter looking for patterns and trends that could be interesting and actionable for businesses, has just raised $245K in Angel funding from investors including former head of Yahoo! R&D centre in India Sharad Sharma, Eka Software founder Manav Garg and Google’s...

Company Spotlight
Australia-based Pinpoint To Be Purchased By MasterCard
April 17, 2014

Pinpoint, a Sydney-based provider of loyalty and rewards services for banks and merchants in the Asia Pacific region, has struck an acquisition deal with MasterCard for an undisclosed sum. “Not only does Pinpoint offer a competitive edge in Australia, its growing presence across Asia Pacific also...

Solving Global Payments Problems with Prepaid
April 08, 2014

The key to running a successful prepaid program in any market globally is to develop profitable and ethical business practices,something Amit Sethi dubs “market-appropriate” business models. And innovation plays a big part in this said Sethi, the co-chairman of the Prepaid International Forum India and...

News
Pitney-Bowes Taps India To Incubate Next Big eCommerce, Mobile Innovation
April 08, 2014

Pitney Bowes, the 94-year-old maker of postage meters turned eCommerce company, is launching a joint venture in India’s technology industry association, Nasscom, to launch an accelerator program that taps into the nation’s technical and engineering talents. The accelerator is part of Nasscom’s “10,000 Start-Ups” program launched...

B2B Payments
Friday Factoids
April 04, 2014

There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...

International
Digital River Offers A Sneak Peek At Mobile eCommerce Trends
April 02, 2014

In 2013, Digital River processed more than $30 billion online transactions, giving the company insights into payment and consumer behavior trends and the ability to act quickly on them. The company is hosting an online webinar “The Mobile Age, the Impact in Emerging Markets” to...

S. Korea Suspends Credit Firms After Data Theft
March 11, 2014

Three credit agencies in South Korea have been suspended for three months in the wake of a large-scale data theft. The South Korean Financial Service Commission (FSC) suspended the Lotte Group, NH Financial Group Inc. and KB Financial Group Inc. A 10-day appeal period will...

K-Glass: Korea’s Answer to Google Glass
March 10, 2014

07 March 2014 Researchers at South Korea’s KAIST university have unveiled the newest innovation in wearable devices: K-Glass, which is similar to Google Glass. K-Glass comes with a special chip that expands the pool of objects the device can properly recognize without relying on barcodes or...