APAC

Google, Microsoft and OpenAI Limit AI Tools in Hong Kong
Google, Microsoft and OpenAI Limit AI Tools in Hong Kong
June 12, 2023  |  Big Tech

Big Tech in the United States is reportedly blocking Hong Kong residents from accessing artificial intelligence (AI) chatbots. Google, Microsoft and OpenAI have all placed...

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PayMate Expands to Chase $68 Trillion B2B Payment Market
PayMate Expands to Chase $68 Trillion B2B Payment Market
June 11, 2023  |  B2B Payments

PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has...

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Endava Acquires DEK to Diversify and Expand in APAC Region
Endava Acquires DEK to Diversify and Expand in APAC Region
June 09, 2023  |  Partnerships

Endava has acquired DEK to further its diversification and expansion in the Asia Pacific (APAC) region. With the addition of DEK, Endava will gain expertise spanning several industry...

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GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
June 08, 2023  |  IPO

Philippines-based mobile wallet provider GCash is reportedly ready to go public. “We’re pretty much ripe for it,” Ernest Cu, president and CEO of GCash parent...

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New World of Global Trade Set to Affect Cross-Border Commerce
New World of Global Trade Set to Affect Cross-Border Commerce
June 01, 2023  |  Cross-border Payments

Smaller merchants may need more help navigating the new rules than ever before. As reported by The Wall Street Journal in May, international trade deals...

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Advanced Automation Helps Enterprises Manage Spend on a Global Scale
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023  |  Spend Management

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they...

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Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023  |  Investments

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently...

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India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023  |  Investments

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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