APAC

Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

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China’s Child Screen Time Protections Could Hurt Social Media Giants
China’s Child Screen Time Protections Could Hurt Social Media Giants
August 02, 2023  |  Legal & Regulation

China’s internet regulator has introduced regulations to keep kids from spending too much time online. The rules issued by the Cyberspace Administration of China (CAC)...

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GTreasury and Convera Launch Integrated Payments Service in APAC
GTreasury and Convera Launch Integrated Payments Service in APAC
August 02, 2023  |  Partnerships

GTreasury and Convera have partnered to offer an integrated payments service, starting with a pilot program in the Asia-Pacific (APAC) region. This partnership will enable...

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Unlocking the Virtual Prepaid Card Opportunity
Unlocking the Virtual Prepaid Card Opportunity
July 31, 2023  |  Digital Payments

Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing...

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TikTok Takes on Spotify With Music Subscription in Brazil and Indonesia
TikTok Takes on Spotify With Music Subscription in Brazil and Indonesia
July 13, 2023  |  Subscriptions

TikTok is reportedly making a play for consumers’ music streaming spending with a new subscription platform. The video platform has launched a “TikTok Music” streaming service...

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Report: SoftBank Considers US Listing for PayPay Business
Report: SoftBank Considers US Listing for PayPay Business
July 12, 2023  |  IPO

SoftBank may be heading stateside to list its PayPay payments business following news that it is considering a U.S. listing. The potential listing is driven by New York’s...

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Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
July 12, 2023  |  Retail

Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted...

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Apple Debuts Store on Chinese Super App WeChat
Apple Debuts Store on Chinese Super App WeChat
July 11, 2023  |  Mobile Commerce

Apple has reportedly begun selling its devices via the Chinese social media platform WeChat. WeChat is owned by Tencent and is considered China’s leading messaging app. Apple will sell...

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China Creeps Toward Deflation as Recovery Slows
China Creeps Toward Deflation as Recovery Slows
July 10, 2023  |  Cross-border Payments

While much of the world deals with inflation, China has the opposite problem. The country’s economy reached the edge of deflation last month, the Financial Times (FT)...

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