April 01, 2024
Abandoned Grab-Delivery Hero Deal Got Attention of Singapore Regulator
A now-abandoned deal between two food delivery giants got the attention of Singapore’s competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1) that it opened an investigation into Singapore-based...
March 29, 2024
Capital A to Integrate Ant International’s Payment Orchestration Services
Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform. The companies have formed a...
March 28, 2024
Retailers Add Tech to Meet Consumer Demand for Biometric Authentication
With consumers looking for more frictionless authentication, retailers ranging from Whole Foods to Steak ’n Shake are adding biometric payments. Amazon has been looking to remove friction from its Amazon One pay-by-palm capability, most recently launching an app to...
March 28, 2024
Bloxcross, GoDirectPay Partner on Cross-Border Payments App
Bloxcross and GoDirectPay have partnered to launch a mobile app for global payments. The new app enables payments in any currency from institutions to vendors and from individuals to friends, the companies...
March 28, 2024
Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions...
European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS Intelligence and Visa collaboration that...
March 27, 2024
PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures. The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its embedded insurance business across Southeast...
March 27, 2024
Payop Partners With Tink to Add Pay-by-Bank in Europe
Payop and Tink partnered to promote the adoption of pay-by-bank as a payment method across Europe. Payop added Tink’s pay-by-bank offering to the eCommerce checkout options it offers to European merchants, the companies...
March 26, 2024
Alibaba Offers $3.75 Billion for Remaining Stake in Cainiao
Alibaba announced on Tuesday its decision to forego the initial public offering (IPO) of its logistics arm, Cainiao, in Hong Kong. Instead, the e-commerce giant disclosed its intention to acquire...
March 26, 2024
Visa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. The region saw an “uplift” of more than $2 billion last year due to Visa token service (VTS)...