APAC

Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
May 24, 2023  |  Investments

Digital banking group Tyme has raised $77.8 million in a pre-Series C capital raise. The Singapore-headquartered firm will use the new funding to continue growing its operations in South...

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HSBC Hong Kong Debuts POS Financing for B2B Sales
HSBC Hong Kong Debuts POS Financing for B2B Sales
May 24, 2023  |  B2B Payments

The Hong Kong arm of banking giant HSBC has launched a B2B transaction financing tool. The new offering lets B2B sellers on online platforms offer customers extended payment terms,...

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Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
Global Watchdog Eyes Crypto’s Future as Hong Kong Releases Rulebook
May 23, 2023  |  Cryptocurrency

Cryptocurrency, which once aimed to democratize finance, finds itself operating across an increasingly fragmented landscape. The sector’s former goals of global connectivity are now being...

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China Cracks Down on AI Amid Rise in Deepfake Scams
China Cracks Down on AI Amid Rise in Deepfake Scams
May 22, 2023  |  Cybersecurity

China has reportedly heightened scrutiny of “deepfake” tech amid a rise in artificial intelligence (AI)-driven fraud. Worries about the potential for AI to assist in...

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60% of APAC Online Shoppers Bail at Checkout Without Local Payments Options
60% of APAC Online Shoppers Bail at Checkout Without Local Payments Options
May 18, 2023  |  Mobile

The Asia-Pacific region is poised to become a major area of growth for U.S. and U.K. merchants in the next three years, especially for specialty...

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Visa Selects Startups for Accelerator Program in Asia Pacific
Visa Selects Startups for Accelerator Program in Asia Pacific
May 16, 2023  |  Startups

Visa has selected seven startups for its 2023 Visa Accelerator Program in Asia Pacific. Selected from among 450 applicants, the seven startups are Dowsure (Mainland China), Doxa Holdings (Singapore), Kadmos (Germany), Pi-xcels (Singapore), Playbux (Thailand), Transpure (India) and Twid (India), Visa said in a...

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Samsung and Bank of Korea Collaborate on Offline CBDC
Samsung and Bank of Korea Collaborate on Offline CBDC
May 16, 2023  |  CBDC

Samsung is reportedly working with the Bank of Korea on a central bank digital currency (CBDC). The consumer tech firm has signed an agreement known as a memorandum...

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Mastercard to Offer Vesta’s Fraud Protection Solutions in APAC Region
Mastercard to Offer Vesta’s Fraud Protection Solutions in APAC Region
May 12, 2023  |  Cybersecurity

Mastercard will soon offer Vesta’s fraud protection solutions to eCommerce merchants in the Asia-Pacific (APAC) region. As part of an expanded fraud detection partnership, Vesta’s Payment Guarantee and Payment Protect will...

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Stripe and WhatsApp Enable Payments in Chats in Singapore
Stripe and WhatsApp Enable Payments in Chats in Singapore
May 09, 2023  |  Partnerships

Stripe and WhatsApp have partnered to enable Singapore businesses to accept payments in WhatsApp chats. With Stripe Connect and Stripe Checkout integrated into WhatsApp, Singapore...

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