APAC

Airwallex Partnership With Agoda Booking Platform Offers Business Travel Discounts
Airwallex Partnership With Agoda Booking Platform Offers Business Travel Discounts
December 11, 2022  |  Travel Payments

FinTech Airwallex has teamed with Agoda to help Hong Kong business travelers book their accommodations. The companies say their partnership — announced in a recent...

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Cart Abandonment Rates Top 60% in APAC Region 
Cart Abandonment Rates Top 60% in APAC Region 
December 08, 2022  |  Consumer Insights

Offer local APAC payment methods or learn to live with high cart abandonment rates. That’s the memo to U.S., U.K., and Canadian firms trying to...

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India to Regulate All Real-Money Online Games
India to Regulate All Real-Money Online Games
December 04, 2022  |  Cross-border Payments

India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says...

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Western Merchants Deeply Lacking Knowledge About APAC Payments
Western Merchants Deeply Lacking Knowledge About APAC Payments
December 01, 2022  |  Cross-border Payments

Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea...

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FinTech Revolut Eyes Japanese Expansion
FinTech Revolut Eyes Japanese Expansion
November 29, 2022  |  Banking

British FinTech startup Revolut is looking at Asia to continue its rapid growth.  Revolut has 25 million customers — primarily in Europe — and aims to...

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Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022  |  Legal & Regulation

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the...

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China’s Zero-COVID Policies Test Global Brands’ Resilience
China’s Zero-COVID Policies Test Global Brands’ Resilience
November 28, 2022  |  Retail

Three years in, China continues to weather fallout from the pandemic. And that fallout, as lockdowns and civil unrest wrack an already volatile economy, may...

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Amazon’s Food Delivery Business Shutters in India
Amazon’s Food Delivery Business Shutters in India
November 27, 2022  |  Retail

Amazon is restructuring its India operations with the announcement that it is shuttering its food delivery service, Amazon Food, in the region after Dec. 29....

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NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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