APAC

Ingenico and Cybersource Debut a Cross-Border Commerce Platform
Ingenico and Cybersource Debut a Cross-Border Commerce Platform
January 23, 2024  |  Partnerships

Point-of-sale technology firm Ingenico teamed up with Cybersource, Visa’s global payment and fraud management platform. The two companies created a secured unified commerce solution, starting...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Partnerships

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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ipaymy Launches Automated Invoicing Platform for SMBs
ipaymy Launches Automated Invoicing Platform for SMBs
January 15, 2024  |  B2B Payments

Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia.  The new Fetch platform is...

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eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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Sony’s $10 Billion Zee Merger at Risk of Collapse
Sony’s $10 Billion Zee Merger at Risk of Collapse
January 08, 2024  |  Cross-border Payments

Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an...

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Uber Allowing Commuters to Bid for Rides in India
Uber Allowing Commuters to Bid for Rides in India
January 05, 2024  |  Aggregators

Uber is testing a new flexible pricing service called Uber Flex in over a dozen cities in India, allowing commuters to bid a particular fare for...

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MobiKwik Files for $84 Million IPO
MobiKwik Files for $84 Million IPO
January 05, 2024  |  IPO

Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million).  This move comes after the company’s...

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Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
December 21, 2023  |  Consumer Insights

Chinese consumers are reportedly feeling the effects of the country’s economic downturn.  This downturn, characterized by declining exports, a slowdown in manufacturing and a property...

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Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
December 21, 2023  |  Partnerships

Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group.  The deal, valued at approximately $280...

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