APAC

UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
October 10, 2023  |  B2B Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of...

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Report: PayU Indian IPO Could Value Company at $7 Billion
Report: PayU Indian IPO Could Value Company at $7 Billion
October 10, 2023  |  IPO

Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for...

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Coinbase Gets Payments License in ‘Priority Market’ of Singapore
Coinbase Gets Payments License in ‘Priority Market’ of Singapore
October 02, 2023  |  Cryptocurrency

Cryptocurrency giant Coinbase has received a payments license from Singapore’s central bank. The license from the Monetary Authority of Singapore (MAS) will let Coinbase provide...

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BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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Binance and MUFB Plan to Launch 3 Stablecoins in Japan
Binance and MUFB Plan to Launch 3 Stablecoins in Japan
September 26, 2023  |  Cryptocurrency

Binance is planning to launch three stablecoins in Japan next year. The world’s largest cryptocurrency platform is working with Japan’s Mitsubishi UFJ Trust and Banking...

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FreedomPay and WorldPay Expand Integrated Payments Partnership
FreedomPay and WorldPay Expand Integrated Payments Partnership
September 20, 2023  |  Partnerships

Payments platform FreedomPay expanded its collaboration with merchant acquirer Worldpay. The extended partnership will provide “integrated payments and omnichannel technology” for businesses in industries like retail and hospitality, according to...

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Binance CEO: FTX Collapse Made Singapore Cautious About Crypto
Binance CEO: FTX Collapse Made Singapore Cautious About Crypto
September 14, 2023  |  Cryptocurrency

The downfall of FTX changed Singapore’s attitude toward cryptocurrency, Binance CEO Changpeng Zhao said Thursday (Sept. 14). The island grew more reticent about the digital...

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Grab Shares Dip as Singapore Launches Review of Ride-Hailing Regulations
Grab Shares Dip as Singapore Launches Review of Ride-Hailing Regulations
September 13, 2023  |  Ridesharing

The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super provider Grab to...

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Alibaba CEO Says AI and User Experience Are Top Priorities
Alibaba CEO Says AI and User Experience Are Top Priorities
September 12, 2023  |  Artificial Intelligence

Alibaba Group’s new CEO, Eddie Wu, has reportedly elevated artificial intelligence (AI) and user experience to be the company’s top priorities moving forward. As Alibaba...

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