South East Asia

International
PBOC’s Reports Become Accessible
June 10, 2014

Twenty companies applied for access to PBOC personal credit information database, as it’s a requisite for operations with personal financial information reports Caixin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

GoSimpel Prepares for Launch
June 09, 2014

GoSimpel is an Indian m-payment app set to launch soon, which lets the users make payments through payment cards, instead of cash, to the food ordered on delivery; without the need of any separate device or gadget. Get the Full Story Complete the form to...

International
Soft Space’s Big Success Story
June 09, 2014

Chang Chew Soon, founder and CEO of Malaysia-based mobile card payment solution Soft Space, whose core product is an m-POS, explained the success of his company in South East Asia. He says that although smartphone penetration in some countries is not high, absolute numbers of...

International
Ping An Group Investments Aim High
June 09, 2014

Ping An Group, one of the largest insurance players in China, invested USD 5 M in USD-30m-fourth-round financing of Payoneer, an online payments firm that facilitates cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
2C2P’s New Funding and Growth
June 05, 2014

GMO Global Payment Fund invested an undisclosed amount in 2C2P, a Thailand-based payment processing company in which it had already invested USD 500k in 2013. The company was valued at USD 16M before the new round of investment. Get the Full Story Complete the form...

International
MasterCard’s MasterPass Launches In Singapore
June 03, 2014

Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...

International
Alipay Launches Healthcare App
June 03, 2014

Alipay is planning to launch an app to help patients of hospitals with everything from appointments to payments. The app would allow medical professionals to communicate with their patients and even rate doctors. Get the Full Story Complete the form to unlock this article and...

International
Japanese Business Lost $2 M In April 2014 Hack Attacks
June 02, 2014

Japanese Business Lost $2 M In April 2014 Hack Attacks Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

International
New Korean eCommerce Firm Raises $100 Million
May 30, 2014

Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...