APAC

Mastercard Launches Tokenized Card-Based Bill Pay Solution

Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard Launches Tokenized Card-Based Bill Pay Solution
October 28, 2024  |  Payment Methods

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally,...

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Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
Food Delivery Platform HungryPanda Raises $55 Million to Fuel US Expansion
September 30, 2024  |  Investments

HungryPanda raised $55 million to help expand its Asian food delivery service in the United States. The refinancing and fundraise will help the company “explore...

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Visa and KOTRA to Launch B2B Payment Platform in South Korea
Visa and KOTRA to Launch B2B Payment Platform in South Korea
September 11, 2024  |  B2B Payments

Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade...

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EQT to Acquire Southeast Asian PropTech PropertyGuru
EQT to Acquire Southeast Asian PropTech PropertyGuru
August 16, 2024  |  Partnerships

Global investment organization EQT plans to acquire PropertyGuru Group Limited, a PropTech company operating in Singapore, Malaysia, Thailand and Vietnam. The companies entered into an...

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India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
August 12, 2024  |  Credit Cards

Axis Bank has partnered with Visa to launch an “ultra-premium” credit card in India. The new card, Primus, will be offered by invitation only and will...

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Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
July 26, 2024  |  Mobile Commerce

Apple has reportedly cut the prices of iPhones in India after the country reduced its basic customs duty on mobile phones. This is the first time...

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China’s Economic Growth Shows Surprise Slowdown
China’s Economic Growth Shows Surprise Slowdown
July 15, 2024  |  Cross-border Payments

Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an...

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Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models
Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models
July 08, 2024  |  Artificial Intelligence

OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country....

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