APAC

Snap Hires Meta Veteran Ajit Mohan as President of APAC
Snap Hires Meta Veteran Ajit Mohan as President of APAC
November 03, 2022  |  Personnel

Social media company Snap has hired Ajit Mohan as its president of APAC to lead its business in the Asia-Pacific (APAC) region. Mohan joined the...

READ MORE >
Standard Chartered Backs Blockchain Payment Firm Partior
Standard Chartered Backs Blockchain Payment Firm Partior
November 03, 2022  |  Investments

Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. “Standard Chartered brings to the network its global payments...

READ MORE >
France, Singapore and Switzerland Test Cross-Border CBDC Payments
France, Singapore and Switzerland Test Cross-Border CBDC Payments
November 02, 2022  |  CBDC

In a pilot project that is said to be the first of its kind, the central banks of France, Singapore and Switzerland are collaborating in...

READ MORE >
East-West Commerce Gets Biometrics Boost and Automated Compliance
East-West Commerce Gets Biometrics Boost and Automated Compliance
November 02, 2022  |  Cross-border Payments

The promise of cross-border commerce is always the opportunity to tap into new markets. But no two countries, or even markets within a given country,...

READ MORE >
China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
October 31, 2022  |  Cryptocurrency

People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...

READ MORE >
JPMorgan Expands Merchant Services Offering in APAC
JPMorgan Expands Merchant Services Offering in APAC
October 27, 2022  |  Acquiring

Global financial services firm J.P. Morgan is expanding its merchant services capabilities in Asia-Pacific (APAC) and will be offering them in seven markets in the...

READ MORE >
Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
October 25, 2022  |  Retail

In an attempt to expand its eCommerce reach in India, Walmart is considering raising up to $3 billion for its eCommerce brand Flipkart, currently at...

READ MORE >
APAC Opportunity Beckons for More Than a Third of SMBs
APAC Opportunity Beckons for More Than a Third of SMBs
October 24, 2022  |  SMBs

Tech-nimble enterprises with top line sales of up to $100 million see the Asia Pacific region as their next big greenfield opportunity, at a time...

READ MORE >
Korean Regulators to Probe Stablecoin, Money Laundering Link
Korean Regulators to Probe Stablecoin, Money Laundering Link
October 24, 2022  |  AML

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on...

READ MORE >